Marketing/ Business Development
Committee Presentation
Board of Commissioners
Session 350
March 26, 2013
Total TEUs
Export TEUs
Import TEUs
B/B Tonnage
Total Rail
Containers
VIP Containers
Total Barge
Containers
Vehicles
Ship Calls
%Change
1,439,316
770,994
1,285,472
693,592
+12.0
+11.2
668,322
237,497
591,880
240,995
+12.9
- .5
267,730
224,531
+19.2
22,275
22,395
-0.5
38,157
28,739
+32.8
28,069
1,299
27,507
1,246
+ 2.0
+ 4.3
Source: Terminal Statistics
2013 Fiscal Year-to-Date, July-February
FY 2013
FY 2012
2
Container Units
Thousands
Budgeted vs. Actual, FY 2013
120
115
110
105
100
95
Budgeted
Actual
FY Jul-Feb:
+52,531
units
+6.8%
+16,606
+14,343
+6,230
-5,372
+5,307
+13,671
824,916
772,385
+2,984
-1,238
90
85
80
FY 2013
3
US East Coast Ports Calendar Year-to-date Growth
Total TEUs, Jan-Dec, 2012 vs. 2011
9.8%
9.6%
8.0%
8%
4%
2.5%
2.6%
0.3%
US East Coast Growth: 2.6%
0.7%
0%
Port of Virginia New York/
New Jersey
(Nov)
-4%
Savannah
Charleston
Jacksonville
Baltimore
Wilmington
NC
Charleston and Savannah combined growth: 3.7%
-5.8%
-8%
4
Port of Virginia vs. USEC Growth by Tradelane
Based on 2012 vs. 2011 Loaded TEUs
Source: PIERS
8%
SOUTH EAST ASIA
16%
0%
SOUTH AMERICA
13%
2%
NORTH EAST ASIA
6%
2%
EUROPE (N. Europe + Mediterranean)
14%
USEC
Port of Virginia
4%
INDIAN SUB-CONTINENT/MIDDLE EAST
12%
-2%
CARIBBEAN/CENTRAL AMERICA
23%
9%
9%
AUSTRALIA/NEW ZEALAND
8%
AFRICA
-5%
5
13%
0%
5%
10%
15%
20%
25%
2012 Commodity Highlights
CY 2012 vs. CY 2011
LARGEST GAINS
Growth
LARGEST LOSSES
Loss
Furniture
17%
Grocery Products
-26%
Auto Parts
35%
Newsprint
-27%
Paper & Paperboard
incl. waste
14%
Automobiles / Buses
-10%
Boards
(Fiberboards)
-56%
Synthetic Resins
(Polymers)
-7%
Grain and Soybean
Products
Wood Pulp
26%
24%
6
2012 U.S. Cargo Value Throughput - Port of Virginia
Total combined value = $86.5 Billion
AK
$.7 M
IN
$1.1 B
$517M
$.8 M
$18 M
$306 M
$16.9 M
WV
$333 M
$1.3 B
$217 M
$7.2 B
$46 M
$2.7 B
$353M
$11 B
$276 M
$3.2 M
$642 M
$43 M
$4.6 B
$2.3 B
$3.5 M
$70 M
VT
$6.2 M
$1.2 B
$60.6 M
$8.5 M
NH
$45 M
$2.6 B
$.4 M
$5.6 B
$3.9 B
$6.8 B
$5.7 B
$1.6 B
$1.4 B
$22 M
MA
$636 M
RI
$21 M
CT
$552 M
NJ
$11.5 B
DE
$718 M
MD
$1.6 B
$1.2 B
$3.6 B
$155 M
HI
$2.8 M
Source: PIERS, VPA Business Analysis
$3.1 B
AL
MS $111 M
$76 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

Container volume through the Port

Indian River Distribution Center, Chesapeake

2700 International Parkway, Virginia Beach

Regional Commerce Center, Suffolk

Panama Canal Expansion
2013: BIG THINGS AHEAD
12
New Announcements
13
Expansion Announcements
14
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