Seaports Magazine - Spring 2018 - 23

largest energy producing state in the U.S.
"The Eagle Ford and the Permian shale
formations have positioned us for a high
degree of success as the U.S. becomes more
energy resilient."
He anticipates a day in the very near
future that the U.S. will become a net
energy exporter - expected to occur in
2023. "The last time the country was a net
exporter was 1953, 70 years ago. This is a
big change for the country and the Port of
Corpus Christi is certainly on the leading
edge of that change in global energy."
"Fracking"- the new method of extracting oil from fields previously thought to be
produced out - has created this new energy
boom at Corpus. It is not an advantage the
port will cede to competitors. "You have
to get the products from the field to market, whether it's a pair of Nike shoes or
a million BTU of gas. The infrastructure
required for energy makes the movement
of hydrocarbon molecules less fungible than
a container. It's easy to reroute trucks or
trains with containers. It's difficult to move
pipelines of oil and gas."
The port also got a boost in 2015, when
the U.S. government lifted its ban on

exported crude. Now, the port is exporting about 1 million barrels per day.
Energy extends into oil byproducts, too,
with a number of diverse industries investing in facilities in and around the Port of
Corpus Christi. "When we say we're the
energy port of the Americas, it's not just
moving energy to those markets, but moving energy to the South Texas Coastal Bend
region where energy can be interpolated
into valuable products," Strawbridge said.
"We're seeing a diversification in industries
and growth sectors. We're a microcosm of
success in reshoring manufacturing."
Diversification insulates the port against
the volatile nature of the oil and gas markets, Strawbridge believes. "Energy comes
in many different forms, whether it's renewable or hydrocarbons, LNG, LPG, gasoline,
diesel, crude, naphtha or jet fuel. We see
ourselves as an energy port, not just for
the types of commodities we handle, but
the amount of energy that moves through
the region."
It has taken an investment to grow and
diversify. Strawbridge said a decade ago,
the capital program was $11 million per
year. Now it's $140 million and the port is

in the midst of a $1 billion, 10-year capital
investment program, which includes deepening and widening the Corpus Christi Ship
Channel and building more docks. The port
hadn't built a new dock in nearly 30 years. It
built three docks in 2017, with another two
slated for construction in 2018. Five more
are planned over the next couple of years.
The port's success comes from developing goals - and meeting those goals - within
a set of core values. Titled its SEAPORT
values, Strawbridge initiated the port's
value system to ensure results were realized responsibly. Its 'SEAPORT' values
are: Safety, Empowerment, Accountability,
Preparedness, Optimism, Respect,
and Teamwork.
"Those values are the guiding principles
by which we seek results and each one of
the men and women who work here are
guided by those values. Results for results'
sake without a set of values can create
chaos and in-fighting. Yet results under a
certain values construct can really inspire
collaboration and excitement. That change
in culture has really taken the port to the
wonderful position of success that we
enjoy now." ●

Come grow with us.
We have expanded the Southern New Jersey Interna onal Seaports and there is much more to come.
South Jersey Port provides the best intermodal terminal and supply chain solu ons on the Delaware
River for breakbulk and dry bulk cargoes. And our on terminal rail capacity is unparalleled in the
region.
Grow New Jersey and grow your business at our terminals in Camden, Paulsboro, and Salem.

SOUTH
JERSEY PORT
Southern New Jersey's Interna onal Seaports
www.SouthJerseyPort.com Tel: 856.757.4969

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SPRING 2018 * WWW.AAPASEAPORTS.COM
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Seaports Magazine - Spring 2018

Table of Contents for the Digital Edition of Seaports Magazine - Spring 2018

AAPA Headquarters
From the President’s Desk
Business Boom: Ports Report Record-Setting 2017
One-Sided Investments – U.S. Ports Call for Federal Support of Long-Term Infrastructure Development
Ship Shape: Ports Navigate Their Niches to Find Their Areas of Expertise
Finding the Right Mix – A Latin American Port’s Perspective
Dredging Demands
Water Resources System Integral to Competitiveness of US Economy and Security
Port-Based Welfare Provision: It’s About Collaboration
Index of Advertisers
Seaports Magazine - Spring 2018 - Intro
Seaports Magazine - Spring 2018 - cover1
Seaports Magazine - Spring 2018 - cover2
Seaports Magazine - Spring 2018 - 3
Seaports Magazine - Spring 2018 - 4
Seaports Magazine - Spring 2018 - 5
Seaports Magazine - Spring 2018 - AAPA Headquarters
Seaports Magazine - Spring 2018 - 7
Seaports Magazine - Spring 2018 - From the President’s Desk
Seaports Magazine - Spring 2018 - 9
Seaports Magazine - Spring 2018 - Business Boom: Ports Report Record-Setting 2017
Seaports Magazine - Spring 2018 - 11
Seaports Magazine - Spring 2018 - 12
Seaports Magazine - Spring 2018 - 13
Seaports Magazine - Spring 2018 - One-Sided Investments – U.S. Ports Call for Federal Support of Long-Term Infrastructure Development
Seaports Magazine - Spring 2018 - 15
Seaports Magazine - Spring 2018 - 16
Seaports Magazine - Spring 2018 - 17
Seaports Magazine - Spring 2018 - 18
Seaports Magazine - Spring 2018 - 19
Seaports Magazine - Spring 2018 - Ship Shape: Ports Navigate Their Niches to Find Their Areas of Expertise
Seaports Magazine - Spring 2018 - 21
Seaports Magazine - Spring 2018 - 22
Seaports Magazine - Spring 2018 - 23
Seaports Magazine - Spring 2018 - Finding the Right Mix – A Latin American Port’s Perspective
Seaports Magazine - Spring 2018 - 25
Seaports Magazine - Spring 2018 - Dredging Demands
Seaports Magazine - Spring 2018 - 27
Seaports Magazine - Spring 2018 - 28
Seaports Magazine - Spring 2018 - 29
Seaports Magazine - Spring 2018 - 30
Seaports Magazine - Spring 2018 - Water Resources System Integral to Competitiveness of US Economy and Security
Seaports Magazine - Spring 2018 - Port-Based Welfare Provision: It’s About Collaboration
Seaports Magazine - Spring 2018 - 33
Seaports Magazine - Spring 2018 - Index of Advertisers
Seaports Magazine - Spring 2018 - cover3
Seaports Magazine - Spring 2018 - cover4
Seaports Magazine - Spring 2018 - divider1
Seaports Magazine - Spring 2018 - divider2
Seaports Magazine - Spring 2018 - 40
Seaports Magazine - Spring 2018 - 41
Seaports Magazine - Spring 2018 - 42
Seaports Magazine - Spring 2018 - 43
Seaports Magazine - Spring 2018 - 44
Seaports Magazine - Spring 2018 - 45
Seaports Magazine - Spring 2018 - 46
Seaports Magazine - Spring 2018 - 47
Seaports Magazine - Spring 2018 - 48
Seaports Magazine - Spring 2018 - 49
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