THE PORT OF VIRGINIA: A CATALYST FOR COMMERCE 02.15.17 Stewards - - PowerPoint PPT Presentation

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THE PORT OF VIRGINIA:

A CATALYST FOR COMMERCE

02.15.17

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OUR TERMINALS

VIRGINIA INLAND PORT RICHMOND MARINE TERMINAL VIRGINIA INTERNATIONAL GATEWAY PORTSMOUTH MARINE TERMINAL NEWPORT NEWS MARINE TERMINAL NORFOLK INTERNATIONAL TERMINALS

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HOW WE MOVED THE CARGO: CY 2016 2.65 million 20-Foot Equivalent Units (TEUs)

4.2% growth over CY 2015

2% + 14%

• 15.3%
• 1.2%

37% 61%

% change from CY 2015:

+32.8% RMT Barge Service

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HOW WE MOVED THE CARGO: CY 2016

The Port of Virginia is now the highest rail-volume port on the East Coast.

+ 14% 37%

CSX’s double stack-capable Virginia Avenue tunnel will propel us even further.

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QUICK ACCESS BY RAIL

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MARKET SIZE/PORT POSITIONING

Our location and primary market size positions us perfectly to serve the American Heartland.

Source: Colliers, population categories defined by R K Johns

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OPERATING REVENUE: FY 2009 – FYTD 2017

FY 2009 and FY 2010 do not include APM statistics. Operating Revenue Compound Annual Growth Rate 2011 – 2016 = 9.6%

$208.62 $209.26 $287.73 $310.64 $352.33 $396.67 $456.20 $454.80 $198.64 1.08 1.05 1.09 1.13 1.24 1.32 1.44 1.46 0.65

• 0.10

0.10 0.30 0.50 0.70 0.90 1.10 1.30 1.50 $0 $100 $200 $300 $400 $500 $600 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FYTD 2017 Containers, Million

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OPERATING RESULTS: FY 2009 – FYTD 2017

• $20.49
• $18.51
• $20.05
• $11.20
• $15.51
• $16.56

$13.60 $4.70 $8.49

• $25.00
• $20.00
• $15.00
• $10.00
• $5.00

$0.00 $5.00 $10.00 $15.00 $20.00 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FYTD 2017

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A NEW EAST COAST ERA HAS BEGUN

JULY 10, 2016 MOL BENEFACTOR 10,000 TEU

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INVESTING IN THE FUTURE

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NIT SOUTH EXPANSION

Increase capacity by 400,000 containers (46%) 2018: first stacks complete 2020: all 30 stacks complete $350 million investment

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VIRGINIA INTERNATIONAL GATEWAY

Increases capacity to 1.2 million containers Expanded Rail Operation Extended Berth 4 new STS Cranes

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VIG PROJECT COMPONENTS

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Source: Economic Impacts of Virginia’s Maritime Industry, 2013, Raymond A. Mason School of Business, William & Mary

1,000,000 ADDITIONAL CONTAINERS ANNUALLY

(A 40% INCREASE)

286,000 NEW JOBS ACROSS THE STATE $38 BILLION IN SPENDING $1.1 BILLION IN NEW STATE & LOCAL TAXES

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CY 2016 ECONOMIC DEVELOPMENT TOTALS

MORE THAN 3.5 MILLION

• SQ. FT

. OF SPACE CREATED 3,808 JOBS 41ANNOUNCEMENTS INVESTED MORE THAN $924 MILLION

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CY 2016 ECONOMIC DEVELOPMENT TOTALS

MORE THAN 1.3 MILLION

• SQ. FT

. OF SPECULATIVE WAREHOUSE SPACE ANNOUNCED IN 2016

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GAINING MOMENTUM: East Coast Ports Market Share

9.64% 10.30% 12.81% 14.51% 31.75% 32.65% 18.96% 18.87%

• 5.00%

10.00% 15.00% 20.00% 25.00% 30.00% 35.00% Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Baltimore (MPA facilities only) Charleston Port of Virginia Miami New York/New Jersey Port Everglades Savannah

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THE PIECES ARE IN PLACE

• Strategic location
• Water depth
• Lack of height restrictions
• Plan for capacity and throughput
• Rail & road infrastructure
• First In, Last Out Ready

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WE ARE VIRGINIA’S GLOBAL GATEWAY.