Page 56: of Maritime Reporter Magazine (August 2017)

Port Report “ “We saw a signi? cant downturn in tonnage and revenue (last year), as we were down about 10%, in some categories even more. This year has started to bounce back in a big way, and we have seen an uptick this year from just about everybody. The ability to export crude has made a big difference.”

John P. LaRue, Executive Director, Port Corpus Christi he Port of Corpus Christi lives tal tonnage (about 100 million tons per

CHART 1 up to its moniker ‘Energy Port year), a gateway to international and do- of the Americas,’ as the move- mestic marine commerce.

Port Corpus Christ : Top 10 Commodit es, Import vs. Export

Tment of energy in and out While the general assumption may be dominates the port’s history and future. that anything energy-centric would lan- Inbound Outbound

John P. LaRue, Executive Director, Port guish today given the three-plus year

Rank Commodity Tons Commodity Tons

Corpus Christi recently visited Maritime global swoon in energy pricing, Port 1 Crude Oil 15,761,584 Crude Oil 29,714,938

Logistics Professional’s headquarters in Corpus Christi has held its own. Cheap

New York City to discuss the nearly $50 energy has attracted foreign industrial 6,066,359 2 Fuel Oil 4,637,798 Gasoline billion in investment projects driving the investment in the port, and the decision 3 Gas Oil 4,246,925 Diesel 4,531,766 port forward. by the U.S. government in 2015 to allow 2,652,955 “Let’s just start with what we are and the export of oil means that today Port 4 Bauxite 3,244,344 Sorghum what we are not,” said LaRue. “We are Corpus Christi exports more oil than it 5 Feedstock 2,581,068 Feedstock 2,588,666 not a container port. Up until a few years imports. (Last year it imported 15.7 mil- 2,045,939 6 Aggregate 1,672,308 Condensate ago we were an oil import port (serving) lion and exported 29.7 million tons of three re? neries: Citgo, Valero and Flint crude. For a look at the Top 10 imports 7 Naphtha 1,072,998 Gas Oil 1,844,819

Hills Resources. We also have two grain and exports, see Chart 1.) 8 Reformate 708,888 Fuel Oil 1,653,480 elevators; and the only facility that we “We saw a signi? cant downturn in ton- 9 Benzene 599,896 Cumene 1,336,286 operate directly is dry bulk.” nage and revenue (last year), as we were

Pure and simple, the Port of Corpus down about 10%, in some categories 10 Fert lizer 439,804 Naphtha 1,334,888

Christi is an energy hub, connecting the even more,” said LaRue. “This year has 11 Other 3,218,693 Other 11,520,094

Gulf of Mexico with the vast U.S. inland started to bounce back in a big way, and

TOTALS *** 38,184,306 *** 65,290,190 waterway system, positioned between we have seen an uptick this year from the country’s two largest shale oil and just about everybody. The ability to ex- gas plays, the Permian Basin and Eagle port crude has made a big difference.”

Source: Port of Corpus Christ

Ford. Port Corpus Christi is the fourth Illustrating the point using a top Port largest port in the United States in to- Corpus Christi customer [Oxy], that ? rm 56 Maritime Reporter & Engineering News • AUGUST 2017

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