Page 33: of Maritime Logistics Professional Magazine (May/Jun 2017)

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the site with a $90,000 average annual salary plus benefts, not to mention the $22 billion in economic gains for the state during construction and the $50 billion in economic gains for the state during frst six years.

Interestingly, LaRue sees even more room for growth, particu- larly in the cracker market. “I think this is really the start of a wave of larger announcements,” he said, adding, “You see continued demand for basic plastics with a growing middle class in India,

China and across Asia. Ethylene and Propylene are the building blocks, and there are many investments in cracker-type projects.”

Digging Deeper

While LaRue is paid to attract businesses to his port, he is a fairly pragmatic in his assessment. He reiterates its proximity to the two major shale plays as a signifcant plank in the port’s fnancial success, and also notes the positive business climate in Texas, “which is more conducive to energy operations.” “One of the unique things about Port Corpus Christi is we own our own oil docks,” said LaRue, noting that it provides a signifcant revenue stream for the port. “Now with the shale we are seeing more and more activity.” committed to the quality of the world feet “Most ports receive little or no revenue from (private dock)

We are committed to upholding the values of safety, security, and facilities ‘inside the fence line’ of the oil companies,” he said. environmental protection. This is evidenced through the quality of our feet and outstanding port State control record as the only

But at Port Corpus Christi, the port gets a percentage of the major international fag to remain on the United States Coast wharfage for cargo unloaded at private docks, as the port owns

Guard’s Qualship 21 roster for 13 consecutive years. the land along the ship channel that ship must cross. “This is a

Visit Us During Nor-Shipping 2017 at Booth D01-21 unique revenue stream for the port.” For vessel owners, shippers

International Registries (U.K.) Limited london register-iri.com@ blog.register-iri.com and manufacturers, LaRue is quick to mention these advantages: in affliation with the Marshall Islands Maritime www.register-iri.com & Corporate Administrators • Air Attainment: The port is in Air Attainment, www.maritimelogisticsprofessional.com 33

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