The funding “further moves our most important critical infrastructure project to fruition and will ultimately increase exports of American energy to our allies and trading partners around the world,” said Sean Strawbridge, CEO of the Texas port.
Earlier this year, the FY 2019 budget for the Army Corps of Engineers Civil Works allocated $13 million in funding for the port’s project. The additional $23 million in Work Plan monies fully funds the second of six contracts and extends the project construction from the entrance in the Gulf of Mexico to Redfish Bay, according to the Port of Corpus Christi.
Anticipated completion of the entire channel improvement project is 2021-22. It is estimated that the channel deepening and widening will increase exports of U.S.-produced energy by nearly $40 billion while increasing the fluidity and safety of vessel traffic, the port said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now