Global Briefing September 19, 2013 Jodie Love. Virginia Port Authority Structure Governor Secretary of Transportation Board of Commissioners Executive.

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Presentation transcript:

Global Briefing September 19, 2013 Jodie Love

Virginia Port Authority Structure Governor Secretary of Transportation Board of Commissioners Executive Director Four Deputies

Mid Atlantic U.S. Location The Port of Virginia is within a day’s drive of two-thirds of the U.S. population

VPA Terminals

Cargo Terminals Hampton Roads HarborNIT NNMT Future CIMT PMT APM Terminals

Richmond Deepwater Terminal

James River Barge Line – 64 Express Weekly calls between the Port of Virginia and the Port of Richmond Calls at NIT and PMT Door service availability Green transportation alternative

Virginia Inland Port Five-day-a-week rail service between the VIP and the Hampton Roads marine terminals Within 1 mile of Interstate 66 and within 5 miles of Interstate 81

Top 10 U.S. Ports RankPort 1Los Angeles 2Long Beach 3New York/New Jersey 4Savannah 5Oakland 6Seattle 7The Port of Virginia 8Houston 9Tacoma 10Charleston

Top 10 U.S. East Coast Ports RankPort 1New York/New Jersey 2Savannah 3The Port of Virginia 4Charleston 5Jacksonville 6Miami 7Port Everglades 8Baltimore 9Wilmington (NC) 10Palm Beach

2012 Top Commodities EXPORTIMPORT Paper & Paperboard, incl. wasteAuto Parts Wood PulpFurniture Logs and LumberNon Alcoholic Beverages Soybeans & ProductsPaper and Paperboard, incl. waste Mixed Metal ScrapTobacco Grocery ProductsWoodenware Pet and Animal FeedsRubber, Natural PoultryMetalware MeatGranite TobaccoSteel Source: PIERS

2012 Top Trading Partners EXPORTIMPORT China Germany India BelgiumBrazil NetherlandsItaly BrazilSpain United KingdomVietnam JapanNetherlands Saudi ArabiaBelgium Indonesia Source: PIERS

2012 Top Customers EXPORTIMPORT Domtar PaperWal-Mart MeadwestvacoTarget Archer Daniels Midland CoRed Bull Weyerhaeuser CompanyHome Depot American Chung NamLumber Liquidators FornazorQVC E I DuPont de NemoursMichelin Tire Defense Logistics AgencyCost Plus Army & Air Force ExchangeLowe’s HoneywellFord Motor Company Source: PIERS

Source: Terminal Operator CY2012 Over 1.9 million TEUs moving over the Port in 2012 were transported by: Intermodal Gateway 4% Barges 32% Rail 64% Trucks

Growth Track Both CSX and Norfolk Southern are upgrading their rail network in order to send double-stack trains from east coast ports like Virginia to the mid-west. NS CSX

Economic Impacts The Port of Virginia is an economic engine for the Commonwealth –343,000 port and port-related jobs statewide –$41 billion in business revenues –$1.2 billion in state and local taxes Increased port growth results in more jobs and revenues for the Commonwealth Source: 2006 Economic Impact Study by William & Mary Mason School of Business

Selected Distribution Facilities Using The Port of Virginia

Suez Canal Panama Canal Via Panama Canal Distance: 11,021 nautical miles Via Suez Canal Distance: 11,705 nautical miles Panama Canal vs. Suez Canal Hong Kong, China Port of Virginia Suez Canal

Panama Canal Expansion - New Locks Will Accommodate Post-Panamax Vessels 180’ 160’ 106’ 110’ Existing LocksPost-Panamax Locks 13 containers wide 18 containers wide

U.S. East Coast Competitive Ports Water Depth NY/NJ (2012) Savannah Charleston Norfolk 38 ft 42 ft 45 ft 50 ft Norfolk 55 ft (authorized) 4,500 TEU 8,500 TEU 12,500+ TEU Wilmington, NC Baltimore Based on fully loaded vessel Jacksonville

MSC Bruxelles At 1,105 feet long, the MSC Bruxelles holds the record for the biggest containership ever to enter the Hampton Roads Harbor. Vessels of this size regularly call on The Port of Virginia Our channels and terminals can handle these vessels fully loaded unlike any other port on the East Coast

Environmental Programs Ultra low emission locomotives to shunt intermodal rail cars throughout our on-dock rail yard "GO" program: Voluntary diesel retrofit/ replacement truck and vessel hybridization and fuel switch program On-terminal storm-water retention & treatment Electric powered ship to shore gantry cranes LED lighting systems reduce energy consumption Sound walls minimize noise pollution

Phase 1 – June 2025 Total Acreage: 220 Pier Length: 3000 ft. Depth: 52 ft. Cranes: 6 Capacity: 1.5M TEUs Cost: $1.2B Future Craney Island Marine Terminal

Global Briefing