DP World is
The Dubai-based port and logistics giant announced Tuesday that it entered into an exclusive negotiation for a long-term lease to operate a terminal at the Port of Corpus Christi in Texas. DP World would design and build the new facility.
If finalized, the project would mark a significant expansion into the world’s largest economy for DP World, which exited its US port operations business in 2006 on security concerns raised by some American lawmakers citing Sept. 11 terrorists’ links to the United ...