Post on 28-Dec-2015
transcript
Marketing/ Business DevelopmentCommittee Presentation
Board of Commissioners
Session 350
March 26, 2013
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
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
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
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
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
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
Vessel Services
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
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
Economic Development
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
New Announcements
13
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
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