AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
Perspective on the Port of Virginia
1. Perspectives on The Port of Virginia
Mr. John Reinhart
CEO, Executive Director
Virginia Port Authority
July 18, 2014
2. AGENDA
Overview of the Port
Performance
Economic Engine
Looking Forward
Conclusion/Questions
3. 3
Mission of The Virginia Port Authority
•
Foster and Stimulate the Commerce of the Port
•
Eastern Seaboard Gateway for the Global Import and Export of Freight throughout the World
•Secure Necessary Improvements of Navigable Tidal Waters
•Perform any Act or Function that may be useful in Developing, Improving, or Increasing Commerce
4. The Port of Virginia is within a day’s drive of two-thirds of the U.S. population
8. 8
APM Terminals Virginia Leased and operated by the Port of Virginia
Phase 1 – Sept. 2007 Total Acreage: 231 Pier Length: 3,205 ft. Depth: 55 ft. Cranes: 8 Capacity: 1 Million TEUs CSX and NS Served
9. 9
Norfolk International Terminals
Total acreage: 567 Wharf: 7,300 feet Depth: 50 feet Cranes: 14 that can reach 22-26 containers across Rail service via NS
10. 10
Newport News Marine Terminal
Total acreage: 143
Cargo berths: 3,480 feet
Breakbulk rail service via CSX
11. 11
Portsmouth Marine Terminal
Total acreage: 287 Rail service with CSX; also Norfolk Southern via Norfolk and Portsmouth Belt Line.
12. 12
Port of Richmond Terminal
Land acreage: 121 Wharf: 1,600 feet Rail service via CSX; NS via local switch Barge service with NIT and APMT
13. 13
Virginia Inland Port
Five-day-a-week rail service between VIP and the Port of Virginia marine terminals
Within 1 mile of Interstate 66 and within 5 miles of Interstate 81
14. 14
Record Fiscal 2014
•
The Port of Virginia set a new mark for TEU volume in fiscal 2014
•
More than 2.3 million TEUs in the twelve months that closed June 30
•
Increase of 6.5% over FY2013
•
Eclipsed the previous fiscal year record by 140,476 TEUs
Rail Containers
8.9%
VIP Containers
11.9%
General Cargo
8.6%
Container Tonnage
8.7%
Breakbulk
3.5%
15. 15
Source: Terminal Operator CY2013
Over 2.2 million TEUs moving over the Port in 2013 were transported by:
Intermodal Gateway
4% Barges
34% Rail
62% Trucks
16. 16
•
Port capacity and productivity is often measured in TEUs
•
TEU stands for “Twenty Foot Equivalent Unit”
•
Originally containers were 20’ long
•
Today, most cargo is moved in 40’ containers
20’
One 20’ container = 1 TEU
40’
One 40’ container = 2 TEU
TEU – What Is It?
53’
Typical over the road truck
17. Wilmington NC -8.0%
New York/ New Jersey 3.4%
Savannah 8.2%
Baltimore 5.4%
Charleston 8.7%
Port of Virginia 8.2%
-10%
-5%
0%
5%
10%
15%
-
1
2
3
4
5
6
7
2014 vs 2013 Growth
Major USEC Ports Growth
Growth: Jan-May 2014 vs. 2013; Size: CY 2014 Total TEUs
Wilmington NC
New York/New Jersey
Savannah
Baltimore
Charleston
Port of Virginia
↑58K TEUs
↑72K
TEUs
↑100K
TEUs
↑15K TEUs
↑74K
TEUs
↓9K TEUs
Source: AAPA and Port Authorities
Prepared by VPA, Business Analysis and Strategy
18. 18
Growth Track
Both CSX and Norfolk Southern are upgrading their rail network in order to send double-stack trains from east coast ports like Virginia to the mid-west.
NS
CSX
ROANOKE
19. 19
2013 Top Trading Partners
EXPORT
IMPORT
China
China
Brazil
Germany
Germany
India
Belgium
Brazil
India
Italy
Netherlands
Vietnam
United Kingdom
Netherlands
Japan
Spain
Saudi Arabia
Indonesia
Indonesia
Belgium
Source: PIERS
20. 20
2013 Top Commodities
EXPORT
IMPORT
Paper & Paperboard, incl. waste
Furniture
Wood Pulp
Auto Parts
Soybeans & Products
Tobacco
Logs & Lumber
Woodenware
Pet & Animal Feeds
Granite
Grains & Flour Products
Non Alcoholic Beverages
Grocery Products
Paper & Paperboard, incl. waste
Mixed Metal Scrap
Plastic Products
Poultry
Rubber, Natural
Meat
Metalware
Source: PIERS
21. 21
2013 Top Customers
EXPORT
IMPORT
MeadWestvaco
Walmart
Domtar Paper
Target
Lansing Trade Group
Lumber Liquidators
Archer Daniels Midland Co
Red Bull North America
International Paper
Home Depot
Weyerhaeuser Company
QVC
America Chung Nam
Cost Plus
Fornazor International
Michelin Tire
E I DuPont de Nemours
Ford Motor Company
Scoular Company
Lowes
Source: PIERS
22. 22
Grains and Cereals, 27%
Wood, 26%
Meat, 9%
Animal Feed, 8%
Misc. Food, 8%
Other Agricultural Products, 22%
Port of Virginia Top Agricultural Commodities Containerized Agricultural Exports; CY 2013
Source: PIERS, Loaded TEUs
23. Soybeans & Products, #4 16,953
Grains & Flour Products, #8 10,530
Wood Pulp, #2 9,234
Field Seeds & Bulbs 5,092
Woodenware 4,514
Others
Export Commodities with Significant Gains via Port of Virginia CY 2013 vs CY 2012
Source: PIERS
(2013, Rank in Top Export
TEUs
TEUs
TEUs
TEUs
TEUs
25. 25
Economic Impacts
•
The Port of Virginia is an economic engine for the Commonwealth
–
343,000 port and port-related jobs statewide
–
$41 billion in business revenues
–
$1.2 billion in state and local taxes
•
Increased port growth results in more jobs and revenues for the Commonwealth
Source: 2006 Economic Impact Study by William & Mary Mason School of Business
28. 28
CY 2013 Totals
Total Announcements: 42
Total Square Feet: Over 4.6 million
Total Jobs Created: Over 4,099
Total Investment: Over $1.2 billion
29. 29
Virginia Port Tax Credits
•
Port Volume Increase Tax Credit (Code of Virginia Section 58.1-439.12.10):
$50 per TEU to Virginia manufacturing-related entities, agricultural entities or mineral or gas entities that have increased cargo volume through public or private port facilities by 5% in a single year over a base year cargo volume.
•
Barge and Rail Usage Tax Credit (Code of Virginia Section 58.1-439.12:09):
$25 per TEU or 16 tons of noncontainerized cargo for the usage of barge/rail to move cargo that originates or terminates at public or private port facilities in Virginia.
•
International Trade Facility Tax Credit (Code of Virginia Section 58.1- 429.12:06):
Tax credit equal to $3,500 for qualified full-time employees hired by Virginia shippers OR 2% of the qualified capital investment that results from moving 10% more cargo through a Virginia Port Authority- operated cargo facility.
30. 30
Port of Virginia Economic & Infrastructure Development Zone – Cash Grant
If a company:
•
Locates or expands a facility in proximity to Port of Virginia facilities
•
Creates at least 25 new, permanent full-time positions
•
Is involved in maritime commerce or exports or imports manufactured goods through the Port of Virginia (does not have to be the cargo owner) Payout Formula: 25 – 49 new jobs: $1,000 per job 50 – 74 new jobs: $1,500 per job 75 – 99 new jobs: $2,000 per job 100 + new jobs: $3,000 per job To receive the money:
•
Company must agree in an MOU with the Virginia Port Authority to maintain the new jobs for at least 3 years or repay the grant money
32. 32
•
$5.25 billion capital investment program to modernize and improve the Panama Canal
•$190 million channel deepening project began in 2002
•$1.6 million project to redesign a third set of locks
•Project delayed until 2015/2016
Expansion of the Panama Canal
34. 34
Suez Canal
Mediterranean Sea
Port Said
Lake Timsah
Bitter Lakes
Suez
Sinai Peninsula
Overall length: 120 miles Width: 590ft / 622ft Max. permissible draft: 62ft
The canal is sea level, no locks.
35. 35
Suez Canal
Panama Canal
Via Panama Canal
Distance: 11,021 nautical miles
Via Suez Canal Distance: 11,705 nautical miles
Panama Canal vs. Suez Canal
Hong Kong, China
Port of Virginia
Suez Canal
36. 36
Ideally Situated Population Centers and 2040 Cargo Forecasts
Less than 6,600 TEUs
6.601 - 33,000 TEUs
33,001 - 88,000 TEUs
88,001 - 198,000 TEUs
198,001 - 440,000 TEUs
37. 37
Four Priorities
Excellence in Operations Fiscal Responsibility Sustainable Growth Living Our Values