marketing/ business development committee presentation board of commissioners session 350 march 26,...
TRANSCRIPT
![Page 1: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/1.jpg)
Marketing/ Business DevelopmentCommittee Presentation
Board of Commissioners
Session 350
March 26, 2013
![Page 2: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/2.jpg)
2013 Fiscal Year-to-Date, July-February
Total TEUs 1,439,316 1,285,472 +12.0
Total Rail Containers 267,730 224,531 +19.2
Vehicles28,069
27,507 + 2.0
Sou
rce:
Ter
min
al S
tatis
tics
FY 2013 FY 2012 %Change
Import TEUs 668,322 591,880 +12.9
Export TEUs 770,994 693,592 +11.2
Ship Calls 1,299 1,246 + 4.3
B/B Tonnage 237,497 240,995 - .5
Total Barge Containers 38,157 28,739 +32.8
VIP Containers 22,275 22,395 -0.5
2
![Page 3: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/3.jpg)
Container UnitsBudgeted vs. Actual, FY 2013
Jul-1
2
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-
13
Apr-13
May
-13
Jun-13
80,000
85,000
90,000
95,000
100,000
105,000
110,000
115,000
120,000 Budgeted Actual
+6,230
+14,343 -5,372
+16,606
+5,307+13,671
-1,238
+2,984
FY 2013
824,916
772,385
FY Jul-Feb: +52,531
units +6.8%
3
![Page 4: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/4.jpg)
Port of Virginia
New York/ New Jersey
(Nov)
Savannah Charleston Jacksonville Baltimore Wilmington NC
-8%
-4%
0%
4%
8%
9.8%
0.3% 0.7%
9.6%
2.5%
8.0%
-5.8%
US East Coast Ports Calendar Year-to-date GrowthTotal TEUs, Jan-Dec, 2012 vs. 2011
Charleston and Savannah combined growth: 3.7%
2.6% US East Coast Growth: 2.6%
4
![Page 5: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/5.jpg)
AFRICA
AUSTRALIA/NEW ZEALAND
CARIBBEAN/CENTRAL AMERICA
INDIAN SUB-CONTINENT/MIDDLE EAST
EUROPE (N. Europe + Mediterranean)
NORTH EAST ASIA
SOUTH AMERICA
SOUTH EAST ASIA
-5% 0% 5% 10% 15% 20% 25%
13%
9%
23%
12%
14%
6%
13%
16%
8%
9%
-2%
4%
2%
2%
0%
8%
Port of Virginia vs. USEC Growth by TradelaneBased on 2012 vs. 2011 Loaded TEUs
Source: PIERS
USECPort of Virginia
5
![Page 6: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/6.jpg)
2012 Commodity Highlights
LARGEST GAINS Growth
Furniture 17%
Auto Parts 35%
Paper & Paperboard incl. waste 14%
Grain and Soybean Products 26%
Wood Pulp 24%
LARGEST LOSSES Loss
Grocery Products -26%
Newsprint -27%
Automobiles / Buses -10%
Boards (Fiberboards) -56%
Synthetic Resins (Polymers) -7%
CY 2012 vs. CY 2011
6
![Page 7: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/7.jpg)
2012 U.S. Cargo Value Throughput - Port of Virginia
HI$2.8 M
AL$111 MMS
$76 M
NJ$11.5 B
RI$21 M
$3.6 B
$.8 M
$517M
$5.6 B
$16.9 M $60.6 M
$3.9 B
$1.6 B
$7.2 B
$.4 M
$353M
$306 M
$8.5 M
$46 M $3.2 M
$70 M$276 M
$3.5 M
$18 M
$217 M
$642 M
$43 M
$3.1 B
$2.6 B
$1.2 B
$4.6 B
$1.2 B
$5.7 B
$6.8 B
$1.4 B
$2.3 B
$1.3 B
MD$1.6 B
$11 B
IN$1.1 B
$2.7 B
WV$333 M
$22 M
DE$718 M
MA$636 M
NH$45 M
VT$6.2 M
CT$552 M
$155 M
Source: PIERS, VPA Business Analysis
Total combined value = $86.5 Billion
AK$.7 M
7
![Page 8: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/8.jpg)
Vessel Services
![Page 9: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/9.jpg)
CKYH Alliance Restructure
• Comprised of Cosco, “K” Line, Yang Ming and Hanjin Shipping
• Norfolk call on 2 out of 5 services• Last call on AWE2 • New port rotations to start in mid-April
9
![Page 10: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/10.jpg)
G6 Alliance
• Merged the Grand Alliance of Hapag-Lloyd, NYK Line and OOCL and the New World Alliance of APL, Hyundai Merchant Marine and MOL
• Norfolk call on 5 of 6 services– One more than NY/NJ, 2 more than Charleston, same number
as Savannah
• Last call on AZX (5000 teus x 10) now offered by all six carriers
• First-in on SVS (5600 teu x 10)now offered by all six carriers
• New service CEC (7500 teu x 10) with largest ships in the G6 portfolio calling the East Coast
10
![Page 11: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/11.jpg)
Economic Development
![Page 12: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/12.jpg)
2012 BIG WINS
2013: BIG THINGS AHEAD
Container volume through the Port
Indian River Distribution Center, Chesapeake
2700 International Parkway, Virginia Beach
Regional Commerce Center, Suffolk
Panama Canal Expansion
12
![Page 13: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/13.jpg)
New Announcements
13
![Page 15: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/15.jpg)
Grandwatt Electric Corporation
• Grandwatt Electric Corporation, a China-based manufacturer (Shenzhen Superwatt Power), has selected Suffolk for their first U.S. location.
• The company is privately owned and a manufacturer of power generators for telecom, mining, railway and other commercial and industrial applications.
• This announcement represents a $10 million investment and 50 new jobs.
15
![Page 16: Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013](https://reader030.vdocuments.site/reader030/viewer/2022032604/56649e695503460f94b65e0a/html5/thumbnails/16.jpg)
Lipton
• Lipton Tea, a division of Unilever, announced they will stay in Suffolk and upgrade their current facility. They credited the proximity to the port as a key factor in the decision.
• The company will invest $96 million to upgrade equipment and expand production space.
16