Great Lakes Dredge & Dock Co. LLC has been tapped to construct the third phase of a landmark expansion of the Port of Corpus Christi Ship Channel in South Texas.

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The U.S. Army Corps of Engineers awarded a $139 million contract to the dredging service provider, which is tasked with extending the ship channel west of the La Quinta Junction through the Chemical Turning Basin in the port’s Inner Harbor.

The Channel Improvement Project (CIP) is being completed in four phases. Once completed, the channel’s depth would increase to minus 54 feet mean lower low water from minus 47 feet. The channel also would be widened to 530 feet, with an additional 400 feet of barge shelves.

“The economic benefits associated with this project are vital to the region,” said Army Corps...