McMoRan Exploration Co. said MarAd approved McMoRan's license application for its Main Pass Energy Hub(TM) (MPEH(TM)) project. MARAD concluded in the Record of Decision that construction and operation of MPEH(TM) deepwater port will be in the national interest and consistent with national security and other national policy goals and objectives, including energy sufficiency and environmental quality. a vital role in meeting national energy requirements for many years to come and that the port's offshore deepwater location will help reduce congestion and enhance safety in receiving LNG cargoes to the U.S. MARAD's approval and issuance of the Deepwater Port license for MPEH(TM) is subject to various terms…