PORT OF SAVANNAH Garden City Terminal: The Southeast Gateway for the U.S. Presented to June 6, 2017
Chatham ICTF served by CSX Transportation Mason ICTF served by Norfolk Southern Railroad GARDEN CITY TERMINAL TODAY LARGEST SINGLE TERMINAL IN NORTH AMERICA 9 Container berths 9,693 ft (2,955 m) of contiguous berthing space 26 Container cranes 146 Rubber-tired gantries 1,200 acres (485.6 ha) terminal area
SAVANNAH: #4 AND FASTEST GROWING TOP 10 PORTS: 10-YEAR GROWTH RATE CY2006-2016 FASTEST GROWING U.S. PORT 1.0% -1.1% -0.7% -0.1% 0.1% 0.4% 1.7% 2.0% 2.7% 3.3% 5.4% Top 10 Total Sea/Tac LB Oakland Charleston LA Pt. Ev. NY/NJ Virginia Houston Savannah Source: AAPA; throughput excluding domestic
SAVANNAH: A GLOBAL COMMERCE HUB 35 WEEKLY SERVICES COVERING THE WORLD 34 NY/NJ 11 PHIL 8 BAL 30 NFK 7 WIL 24 CHA 35 8 SAVANNAH JAX 23 PEV 19 MIA THE MOST ON THE U.S. EAST COAST EVERY MAJOR CARRIER CALLS SAVANNAH Key Savannah Service Features: Offers 8 Services via Panama Offers 8 Services via Suez First in = 10; Last out = 12 (All Trades) Source: American Shipper BlueWater Reporting & Carrier Websites May 2017
U.S. EAST COAST WEEKLY CONTAINER SERVICES Trade Lanes SAV USEC Asia via Panama 8 13 Asia/India/MidEast via Suez 8 8 North Europe 7 13 Trade Lanes SAV USEC Mediterranean 5 7 Oceania 1 2 Latin America 6 49 Sav Pt. Ev Miami Jax Cha Wilm NC Nor Balt Phil NY/NJ Total 35 23 19 8 24 7 30 8 11 34 Source: American Shipper BlueWater Reporting & Carrier Websites May 2017
ALLIANCE STRUCTURE PRIOR TO APRIL 2017 Maersk 2M MSC O3 CKYHE G6 CMA CGM China Shipping UASC COSCO K Line Yang Ming Hanjin Evergreen APL Hyundai MOL Hapag Lloyd NYK OOCL 2M + HMM OCEAN THE CURRENT Maersk MSC Hyundai CMA CGM (APL) China COSCO Evergreen OOCL Hapag (UASC) NYK MOL Yang Ming K Line *Independents calling GCT include ZIM Turkon Hamburg Süd (soon to be officially acquired by Maersk) 4 Mega Alliances (16 carriers) 3 Mega Alliances (12 carriers)
PANAMA CANAL EXPANSION COMPLETE! GAME CHANGER Photo courtesy of Panama Canal Authority
PANAMA CANAL EXPANSION: MARKET EXPANDS WEST CHICAGO COLUMBUS ST. LOUIS NY/NJ NFK MEMPHIS ATLANTA CHARLESTON SAVANNAH MOBILE JACKSONVILLE MIAMI EAST COAST PORT MARKETS MARKET OPPORTUNITIES Source: U.S. Department of Commerce Bureau of Economic Analysis; BCG Analysis
WHAT ARE THE GATEWAY PORTS? 10K+ TEU VESSEL CALLS FROM JULY 1, 2016 APRIL 30, 2017 55 56 55 0 0 0 13 MOB MIA JAX CHA NOR NY/NJ SAV Source: American Shipper BlueWater Reporting & Carrier Websites May 2017
AVERAGE CONTAINER MOVES PER VESSEL UP SHARPLY Since Panama Canal expansion +26% Average container moves/vessel Source: GPA Internal Data; April 2017 vs. June 2016
NEOPANAMAX VESSELS: CALLING GPA IN GROWING NUMBERS SINCE PANAMA CANAL EXPANSION, SHEP MORE CRITICAL THAN EVER 13,092-TEU COSCO Development 60% OF ALL VESSELS CALLING ON SAVANNAH ARE NEOPANAMAX
CONSOLIDATE ALLIANCES, LARGER VESSELS REQUIRE INFRASTRUCTURE INVESTMENT GPA INVESTMENT FOR NEXT 10 YEARS: $2 B Water On Terminal Road Rail
GARDEN CITY TERMINAL: EQUIPMENT NOW & IN THE FUTURE 4 New Super Post-Panamax Cranes delivered in December 2016 Additional 4 Super Post-Panamax Cranes on order for delivery in 2017 10 RTGs in Sept. 2015, 10 in Apr. 2016, 5 in Jul. 2016, and 5 in Sept. 2016 Gate 8 & Mason Empty Depot Yard Stevedore Technology 20 refrigerated container racks and an additional 960 TEUs of capacity for a total of 3,200 reefer slots Equipment Type Current Build Out Ship to Shore (STS) Cranes 26 34 Rubber Tired Gantries (RTG) 146 169
LAST MILE PROJECTS Savannah River International Trade Park Crossroads Business Center Jimmy Deloach Parkway Connector (completed) Gate 8 Grange Road Upgrade Exp. completion: 2018 Jimmy Deloach Parkway Extension to I-16 Exp. Completion: 2021 Savannah International Airport Mason ICTF / HWY 307 Overpass (completed) Brampton Road Connector Exp. Completion: 2020 Reduces traffic Cuts turn times Reduces emissions
MEGA RAIL TERMINAL LIFT CAPACITY WILL INCREASE BY NEARLY 100% $44M FEDERAL GRANT AS PART OF $140M PROJECT GPA VIEWED AS A PORT OF NATIONAL SIGNIFICANCE GPA WILL HAVE LARGEST RAIL FACILITY ON EAST COAST
SAVANNAH HARBOR EXPANSION PROJECT Feasibility Studies Project Design Construction Completion 16
WATER SUPPLY IMPROVEMENT 79% COMPLETE SHEP UPDATE ENTRANCE CHANNEL 49 FT (14.9M) INNER HARBOR 47FT (14.3M) MLW OXYGEN INJECTION 31% COMPLETE OVERALL PROJECT 20% COMPLETE DIKE RAISING 70% COMPLETE CSS GEORGIA 80% COMPLETE CHANNEL DEEPENING ENTRANCE CHANNEL 59% COMPLETE 17
13,092-TEU COSCO Development, the largest containership to ever call on the U.S. East Coast, arrived at Garden City Terminal on May 11, 2017 and handled over 5,500 containers THANK YOU