Judy Hawley, Port Commission Chair 1
OUR MISSION Mission: Leverage Commerce to Drive Prosperity. Vision: To Be the Energy Port of the Americas.
WHO WE ARE 5 th Largest U.S. Port by tonnage 100,000,000 tons of cargo in 2014 66,000 Port related jobs $319 Million state and local tax revenue 22,000 acres 180 employees Public corporation and Texas political subdivision
FACILITES & ASSETS 36 Miles of Ship Channel 17,700 Submerged 7,286 Upland Acres 48 Docks & 528,800 Sq Ft of Warehouse Space 43 Miles of Railroads 60 Miles New Rail NRRY 138 Ft Vertical Clearance on Harbor Bridge 205 Ft New Bridge $435,235,356 Total Assets
THE PORT HAS EXPERIENCED SUBSTANTIAL GROWTH In the Last Decade Diversification of Cargo Major Customers from 61% to 40% of Revenue Operating Revenues from $28 to $80 Million Total Assets from $212 to $435 Million Capital Expenditures in Port Infrastructure $261 Million Environmental Investments $20 Million 5
PORT POLITICAL STRUCTURE Governed by Appointed 7-Member Commission City of Corpus Christi (3) Nueces County (3) San Patricio County (1) PORT COMMISSIONERS Judy Hawley Chair Charlie Zahn Vice-Chair Barbara Canales Secretary Richard Valls David Engel Richard Bowers Wayne Squires
NEW CCO & COO Jarl Peterson, Chief Commercial Officer Sean Strawbridge, Chief Operating Officer 7
POCCA CORE VALUES SAFETY, SECURITY & ENVIRONMENTALLY SOUND
2015 BUDGET Total Revenues Total Expenses Income Total Capital Projects Total Maintenance Projects $80.8 Million $58.0 Million $22.8 Million $86.6 Million $7.2 Million 9
EAGLE FORD SHALE PLAY WILL EXTEND INTO MEXICO 10
INCREASING DIVERSIFICATION 120% Port of Corpus Christi Authority Revenues By Customer 100% 26% 80% 38% 40% 60% 5% 24% 47% 40% 56% 20% 35% 27% 0% 2011 2014 2019 Refineries New Industry Other
Barrels INBOUND OUTBOUND CRUDE 2007 2014* Crude Inbound - Outbound Barrels 2007-2014 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000-2007 2008 2009 2010 2011 2012 2013 2014 Total 213,940,491 187,196,246 170,992,210 175,055,204 151,819,987 151,786,318 219,999,876 283,606,473 Inbound 213,781,428 187,004,139 170,654,320 174,781,128 149,791,585 108,065,777 97,442,016 98,569,693 Outbound 159,063 192,108 337,889 274,076 2,028,402 43,720,541 122,557,860 185,036,780 12
Short Tons Petroleum Liquid Bulk Grain Dry Bulk Chemical Break Bulk Total 105,000,000 100,000,000 95,000,000 90,000,000 85,000,000 80,000,000 75,000,000 70,000,000 65,000,000 60,000,000 55,000,000 50,000,000 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 TONNAGE COMPARISON 0 86,785,949 86,982,834 2005-2014 89,319,692 85,859,438 76,519,648 82,194,297 80,310,217 78,806,188 88,699,849 100,074,047 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014(P) Petroleum 73,532,352 75,176,049 74,893,639 70,060,614 64,265,522 68,900,861 64,819,146 65,376,343 74,260,467 84,383,180 Liquid Bulk 518,403 248,355 513,036 301,007 131,100 506,211 533,543 554,336 475,785 493,850 Grain 2,098,829 2,031,610 3,377,386 5,423,867 3,951,347 4,113,277 4,214,821 2,578,847 2,984,208 4,070,315 Dry Bulk 8,396,054 7,700,130 8,241,554 7,891,342 6,443,658 6,866,446 8,692,368 7,939,684 8,700,428 8,651,261 Chemical 1,795,329 1,569,993 1,848,874 1,630,018 1,410,028 1,468,243 1,743,708 1,966,012 1,951,762 2,205,422 Break Bulk 444,982 256,697 445,203 552,590 317,993 339,259 306,631 390,966 327,199 270,019 Total 86,785,949 86,982,834 89,319,692 85,859,438 76,519,648 82,194,297 80,310,217 78,806,188 88,699,849 100,074,047 13
$35 BILLION NEW INVESTMENT EXCALIBUR TRAFIGURA BUCKEYE AIR LIQUIDE HALIBURTON ADM GRAIN ELEVATOR FLINT HILLS M&G AEP TEXAS CHENIERE GULF COMPRESS VOESTALPINE SUPERIOR WEIGHTING MARTIN MIDSTREAM ELEMENTIS BTB REFINING INTERSTATE GRAIN PLAINS PLAINS PLAINS FLINT HILLS EAST OXY ENERGY INGLESIDE TOPAZ POWER GROUP MAGELLAN MARKWEST JAVELINA FLINT HILLS INGLESIDE KIEWIT CITGO EAST CHENIERE CONDENSATE GULF MARINE FABRICATORS EMAS CITGO WEST PLAINS OXY ETHYLENE DUPONT CASTLETON CELANESE BISHOP, TX SHERWIN ALUMINA NUSTAR VALERO LYONDELLBASELL TPCO TEXAS LEHIGH/ NORTHERN WHITESAND BAY BALANCING EXPLOSIVE GROWTH WITH CLEAN AIR AND CLEAN WATER
WHO WE ARE GLOBAL DIVERSITY VENEZUELA New Foreign Investments: $ 4.5 Billion ITALY COLOMBIA SWITZERLAND CHINA AUSTRIA MEXICO
TPCO America TPCO AMERICA TPCO HAS COMMITTED TO RECYCLE WATER AND EMPLOY ENERGY SAVING STRATEGIES Phase 1 COMPLETED Summer 2014 Phase 2 Underway 600-800 New Jobs $1+ Billion Investment $236 Million Economic Impact
VOESTALPINE VOESTALPINE HAS COMMITTED TO USE OF NATURAL GAS AND SEAWATER, COVERED STORAGE, ROUND TRIP SHIPPING, AND AN EMS PROGRAM voestalpine Fully permitted by TCEQ and EPA Broke Ground 2014 Approximately 1,400 Construction Jobs and 150 Permanent Jobs $740 Million Investment Operations to Begin by Year End 2015 Have a contract with AMSHA - MX
M&G M&G Projected to be Largest PET Plant in the World Fully Permitted by TCEQ 220 Jobs $1.1 Billion Investment Operations begin 2016 Partners with M&G Polymers Mexico
OXY ETHYLENE Have High Energy Efficiency Built Into The Units Very Energy Efficient OXY ETHYLENE Under Construction Investment $1 Billion Operations begin Q1 2017 Partners with MexiChem
OXY INGLESIDE ENERGY CENTER OXY INGLESIDE ENERGY CENTER Old NSI Base Under Construction Investment $55 Million Starting Operations LPG 2015 Oil 2016
CHENIERE CHENIERE HAS COMMITTED TO DOUBLE WALL LNG TANKS, FUEL- EFFICIENT AERO-DERIVATIVE GAS TURBINES, WATER INJECTED TO REDUCE EMISSIONS Bird Island to Double Cheniere State & Federal Permitting Underway 4-5 Year Construction 350 Permanent Jobs 3,000 Construction Jobs $14.5 Billion Investment Operations to Begin by 2020
PROJECTS NEAR PORT ARANSAS Lydia Ann Barge-Mooring Project Harbor Island 22
MAJOR CAPITAL PROJECTS CCSC -52 Deepening & Widening Gregory Relief Bypass design & Construction CCSC Bay Reach Widening and Barge Shelves Oil Dock 3 expansion Permian Storage Yard Fulton Corridor Overlay Project La Quinta Dock & Storage Yard Bulk Doc 3 & Crane New Oil Dock Viola Land Acquisitions Oil Dock 14 & Entrance Road Tule Lift Bridge Foundation removal Inner Harbor Rail Upgrades/ Improvements West Barge Mooring Area Nueces River Rail Yard La Quinta Dock & Storage Yard La Quinta Channel 52 Deepening
INTERSTATE 69 PORT CORPUS CHRISTI
NUECES RIVER RAIL YARD PHASE 1: 8000 Unit Train Siding (1) 4200 Interchange Tracks (4) Completion Nov 2014 $18 Million ($10M TIGER Grant) PHASE 2: 8500 Tracks (8 total) Currently Under Design Est. Completion 2016 $28 Million ($22M TxDOT Grant) 25
SHIP CHANNEL AUTHORIZED TO 52
NEW BRIDGE, FROM 138 TO 205 VERTICAL CLEARANCE 27
PANAMA CANAL EXPANSION New Cargo Opportunities LNG (Export) Grain (Export) Containers (Import & Export) Project Cargo (Import & Export) Current Vessel Max: 4,800 TEUs New Vessel Max: 12,600 TEUs
LA QUINTA MULTI-PURPOSE DOCK AND TERMINAL
SHALE DEVELOPMENTS IN US, MEX, & COL
NEW SERVICE TO COLOMBIA AND CENTRAL AMERICA
START SOUTH TEXAS ALLIANCE FOR REGIONAL TRADE
FOLLOW YOUR PORT
Thank You! Questions? 34