1 / 16

Marketing/ Business Development Committee Presentation Board of Commissioners Session 350

Marketing/ Business Development Committee Presentation Board of Commissioners Session 350 March 26, 2013. 2013 Fiscal Year-to-Date, July-February. F Y 2013. F Y 2012. %Change. Source: Terminal Statistics. 2. Container Units Budgeted vs. Actual, FY 2013. 2012 Commodity Highlights.

brooklyn
Download Presentation

Marketing/ Business Development Committee Presentation Board of Commissioners Session 350

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Marketing/ Business DevelopmentCommittee Presentation Board of Commissioners Session 350 March 26, 2013

  2. 2013 Fiscal Year-to-Date, July-February FY 2013 FY 2012 %Change Source: Terminal Statistics 2

  3. Container UnitsBudgeted vs. Actual, FY 2013

  4. 2012 Commodity Highlights CY 2012 vs. CY 2011 6

  5. 2012 U.S. Cargo Value Throughput - Port of Virginia Total combined value = $86.5 Billion NH$45 M IN$1.1 B AK$.7 M VT$6.2 M $517M $22 M $.8 M $18 M $1.2 B MA$636 M $306 M WV$333 M $1.3 B $16.9 M $60.6 M RI$21 M $4.6 B $2.3 B $3.5 M CT$552 M $2.7 B $353M $217 M $8.5 M $5.6 B NJ$11.5 B $11 B $70 M $276 M $642 M $6.8 B $7.2 B $2.6 B DE$718 M $3.9 B $5.7 B $1.6 B $.4 M $46 M $43 M MD$1.6 B $3.2 M $1.4 B $1.2 B $3.6 B $155 M $3.1 B AL$111 M HI$2.8 M MS$76 M 7 Source: PIERS, VPA Business Analysis

  6. Vessel Services

  7. 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

  8. G6 Alliance • Merged the Grand Alliance of Hapag-Lloyd, NYK Line and OOCL and the New World Allianceof 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

  9. Economic Development

  10. 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

  11. New Announcements 13

  12. Expansion Announcements 14

  13. Grandwatt Electric Corporation • Grandwatt Electric Corporation, a China-based manufacturer (Shenzhen SuperwattPower), 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

  14. 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

More Related