GEORGIA PORTS AUTHORITY August 26, 2015 GEORGIA PORTS AUTHORITY: MORE DEEPWATER TERMINAL OPTIONS Garden City Terminal Ocean Terminal Colonel’s Island Terminal East River Terminal / Lanier Docks Mayor’s Point Terminal 2 STATEWIDE ECONOMIC IMPACT 369,163 full- $84.1 billion $33.2 billion $20.4 billion in and part-time jobs in sales (9.6% total sales) in state GDP (7.2% total GDP) income (5.3% of total personal income) Source: *Terry College of Business, University of Georgia (FY2014) FY15: A YEAR OF REMARKABLE GROWTH 3.7 M TEUs +17% An increase of over 530,000 TEUs 31.7 million tons +8% 714,021 Autos/Machinery +2% 369,347 Intermodal containers +11% 2.9 million tons bulk +8% 2.8 m tons breakbulk +7.6% 4 Mayor’s Point Terminal East River Terminal & Lanier Docks Colonel’s Island Terminal Atlantic Ocean Additional land for expansion PORT OF BRUNSWICK 5 BRUNSWICK RO/RO TONNAGE Tons 1. Baltimore 2. Brunswick 3. Jacksonville 4. Newark 5. Los Angeles 1,809,627 1,306,223 1,104,501 877,863 529,414 Source: U.S. Census Bureau CY 2014 6 PORT OF BRUNSWICK: Colonel’s Island Terminal • Terminal Area: 1,700-plus acres (688 hectares) • Auto Processors: 422 acres (171 hectares) • Terminal Owner/Operator: Georgia Ports Authority • Hours of Operation: 24 hours a day/7 days a week • Secured, fenced facility, TWIC required for entry on the Northside • 671-plus acres (272 hectares) available for expansion, not including road & rail infrastructure 7 Jasper Ocean Terminal Site Garden City Terminal Ocean Terminal Atlantic Ocean Historic Savannah PORT OF SAVANNAH The Room to Build & Grow with the Future. 8 9,000+ gate moves/day 42,400 vessel lifts/week 61,000 containers on terminal at end-March (an increase of 32% from 1 year ago) GARDEN CITY TERMINAL Single largest terminal in U.S. 9 SAVANNAH: DELIVERING SUCCESS TO OUR CUSTOMERS • Fourth Busiest Port in the U.S. • Fastest Growing 13-year CAGR 2000 2014 1. LA 4,879,429 8,340,066 2. LB 4,600,787 6,820,806 3. NY/NJ 3,050,006 5,772,303 948,669 3,346,048 5. Oakland 1,776,922 2,394,069 6. Virginia 1,347,364 2,393,038 7. Tacoma 1,376,379 2,040,022 8. Houston 1,061,525 1,951,088 9. Charleston 1,632,747 1,791,977 10. Seattle 1,488,020 1,387,539 22,161,878 36,236,956 4. Savannah Top 10 Total 3.9% 2.9% 4.7% 9.4% 2.2% 4.2% 2.9% 4.4% 0.7% -0.5% 3.6% -2% Source: AAPA, includes loads and empties in TEUs 0% 2% 4% 6% 8% 10% 10 KEY TO SAVANNAH'S SUCCESS: BALANCED TRADE CY14 Export/Import Ratio 49% Exports Port of Savannah* 51% Imports 39% Exports United States** 61% Imports Exports: 1,299,031 TEUs 1,250 (in 1,000s) Savannah TEUs 1,500 1,000 Imports: 1,347,430 TEUs 750 500 250 0 CY '03 '04 '05 '06 '07 '08 '09 '10 '11 Source: *GPA Marketing (loads only), **PIERS Container Shipping Outlook, December 2014 CY14 estimate based on actual January through September 2014 volume. '12 '13 '14 11 PORT OF SAVANNAH (GCT) THROUGHPUT 15-year Calendar Year History USWC Port Closure China Enters WTO 1 M TEU Milestone In Thousands of TEUs 3,500 3,000 2,500 2,000 1,500 1,000 21% 15% 23% 13% Suez Services Emerge Economic Recession 20% .5% 21% 10% 14% 14% 9% USWC Port Congestion/ Labor Unrest 10.2% 4% 1% 2% 500 2000 2001 2002 2003 2004 CAGR Before the Recession USA = 4.8% SAVANNAH = 13.3% Source: GPA Marketing (loads & empties) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 CAGR Since the Recession USA = 2.0% SAVANNAH = 7.3% 12 SAVANNAH: GATEWAY TO AMERICAN COMMERCE: POPULATION = CARGO Savannah 20% of the U.S. Population and Industry is best served by Port of Savannah 44% Within easy reach of inland connectivity infrastructure 13 NY/NJ 43 BAL 9 NFK 36 WIL CHA 30 SAVANNAH 37 JAX 10 4 SAVANNAH 37 WEEKLY SERVICES COVERING THE WORLD Key Savannah Service Features: • Only Port with All G6 Asian Services • Offers 12 Services via Panama • Offers 12 Services via Suez • First in = 11; Last out = 13 (All Trades) PEV 21 MIA 18 Source: American Shipper BlueWater Reporting & Carrier Websites April 30, 2015 14 NORTHEAST + 3% SE is fastest growing U.S. region in population SOUTHEAST + 12% POPULATION DENSITY & GROWTH Northeast population = 120 million Southeast population = 70 million 10 year growth = + 3% (4 million) 10 year growth = + 12% (7.8 million) 15 STAYING AHEAD OF THE GROWTH CURVE In Thousands of TEUs We Strive to Keep Capacity 20% Ahead of Demand through Long-term Planning 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Past Demand Current Demand CY 2014 Throughput 3.3 million TEUs Future Demand CY 2024 Throughput Capacity 6.5 million TEUs Capacity Source: GPA Marketing (loads & empties) 02.15 Savannah River Int’l Trade Park Grange Road Upgrade Brampton Road Connector Garden City Terminal Mason ICTF / HWY 307 Overpass (completed) Jimmy Deloach Parkway Connector Crossroads Business Center Savannah International Airport Savannah Mega-site 17 SAVANNAH HARBOR EXPANSION PROJECT Feasibility Studies Project Design Construction Completion 18 ENVIRONMENTAL STEWARDSHIP • 7.5 million gallons of diesel avoided annually • Over a 10-year period, GPA has cut fuel consumption by over 50% per container 1st US port to introduce electric RTGs, which use up to 95% less diesel Refrigerated container racks avoid use of 3.5 million gallons of diesel per year High tech lighting = 59% reduction in energy consumption To protect wetlands, GPA treats 100 million gallons of stormwater per year 19 THANK YOU 20