THE PORT POR OF OF VIRGINIA VIR

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1 THE PORT OF VIRGINIA 1

2 ADVANTAGES Deep channels Post Panamax ready at 50 ft. Authorized to 55 ft. Only 18 miles from open sea and no overhead aerial obstructions Central mid Atlantic location on the USEC Direct service connections to 80 ports in 43 countries Strong terminal infrastructure and robust intermodal connections Ongoing expansion/optimization plans 2

3 HOW WE MOVED THE CARGO: FY million containers 36.3% 60.7% 3.0% RMT Barge Service % +12.8% +4.6% +37.6% 7.2% growth over FY

4 TOP TRADING PARTNERS EXPORT IMPORT China China Netherlands Germany Belgium Brazil Indonesia India India Italy Japan Netherlands Germany Spain Vietnam Vietnam Thailand Turkey United Kingdom Indonesia 4

5 TOP COMMODITIES EXPORT IMPORT Paper and Paperboard, incl. waste Furniture Soybeans and Products Auto Parts Wood Pulp Metalware Logs and Lumber Paper and Paperboard, incl. waste Pet and Animal Feeds Plastic Products Grocery Products Ceramic and Mosaic Tiles Meat Nonalcoholic Beverages Auto Parts Granite Poultry Coffee Field Seeds and Bulbs Woodenware 5

6 Our Terminals VIRGINIA INLAND PORT RICHMOND MARINE TERMINAL NEWPORT NEWS MARINE TERMINAL VIRGINIA INTERNATIONA L GATEWAY NORFOLK INTERNATION AL TERMINALS PORTSMOUTH MARINE TERMINAL 6

7 NORFOLK INTERNATIONAL TERMINALS Total Acreage: 567 Wharf: 7,300 ft. Depth: 50 ft. Cranes: 14 that can reach containers across Capacity: 820,000 Containers On dock rail service via NS 7

8 VIRGINIA INTERNATIONAL GATEWAY Total Acreage: 291 Wharf: 3,200 ft. Depth: 55 ft. Cranes: 8 that can reach 22 containers across Annual container capacity: 650,000 Rail service via Norfolk Southern and CSX 8

9 PORTSMOUTH MARINE TERMINAL Total Acreage: 287 Multidimensional cargo facility Ro Ro Breakbulk Containers On dock rail service with CSX; also Norfolk Southern via Norfolk and Portsmouth Belt Line 9

10 NEWPORT NEWS MARINE TERMINAL Total Acreage: 143 Wharf: 3,480 ft. On dock rail service via CSX On terminal warehouse space Direct interstate access 10

11 RICHMOND MARINE TERMINAL Total Acreage: 121 Wharf: 1,600 ft. Container on barge service 64 Express New $4.2M mobile harbor crane $600,000 in rail improvements 12 ocean carriers offering bills of lading New 40 year lease with City of Richmond Rail service via CSX; NS via local switch Break bulk capacity Approximately 300,000 SF of available on terminal warehouse space 11

12 VIRGINIA INLAND PORT Total Acreage: 161 Five day a week rail service between VIP and The Port of Virginia marine terminals Within 1 mile of I 66 and within 5 miles of I 81 Regional economic engine 39 major companies using VIP NS intermodal rail service between Hampton Roads marine terminals and Front Royal, Virginia Tiger Grant Application submitted to expand facility 12

13 ON TERMINAL INFRASTRUCTURE PROJECTS 13

14 NIT NORTH GATE EXPANSION 26 new truck gates Ties into new I 564 connector Opened on June 30,

15 NIT SOUTH EXPANSION Increase capacity by 400,000 containers (46%) 2018: first stacks complete 2020: all 30 stacks complete $350 million investment 15

16 PHASE II VIRGINIA INTERNATIONAL GATEWAY Phase II $320 million investment 4 new STS cranes Increases annual container capacity to 1.2M 2018: first stacks complete 2019: all 28 stacks complete 16

17 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 Source: Economic Impacts of Virginia s Maritime Industry, 2013, Raymond A. Mason School of Business, William & Mary 17

18 CRANEY ISLAND EASTWARD EXPANSION 18

19 FUTURE CRANEY ISLAND MARINE TERMINAL 522 acre state-of-the-art terminal 8,400 ft of wharf; 7 berths 28 Suez class container cranes On-dock intermodal transfer facility 5 million TEU capacity $16 billion in NED benefits 19

20 5 YEARS NIT Phase I, VIG II projects complete Total POV capacity: >2.6M containers Capacity to handle 40% of volume moved by rail 20

21 10 YEARS NIT II, VIG II complete Craney Island cells being built Total POV capacity: >3M containers Capacity to handle 42% of volume moved by rail 21

22 20 YEARS AND BEYOND Craney Island Phase I & II Total POV capacity: 5.5M containers Capacity to handle 45% of volume moved by rail Craney Island capacity when complete: 2.87M containers 22

23 TM WE ARE VIRGINIA S GLOBAL GATEWAY. 23