DP World enters exclusive talks to develop terminal at Texas port

RIYADH: Dubai-based logistics giant DP World has entered exclusive negotiations for a long-term lease to develop and operate a container terminal at the Port of Corpus Christi in Texas, a move that would mark its first container terminal on the US Gulf Coast. According to a press release, the agreement, announced on June 16, would see DP World design, build, and operate a new container terminal at one of the nation’s busiest ports by tonnage.

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