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ADVANTAGES
• Post-Panamax ready at 50 ft.
• Deepening to 55 ft. to begin by January 2020
• Only 18 miles from open sea and no overhead
aerial obstructions
• Central mid-Atlantic location on the East
Coast
• Reach 75% of the US population within a two
day drive
• Strong terminal infrastructure and robust
intermodal connections
• Expansion Capabilities
SIX TERMINALS. UNLIMITED POSSIBILITIES.
HAMPTON ROADS HARBOR
TWENTY- FOOT EQUIVALENT UNIT (TEU)
20’
One 20’ container = 1 TEU
40’
One 40’ container = 2 TEU
53’
Typical over the road truck
Port Capacity and
Productivity is Often
Measured in TEUs
TEU stands for
“Twenty-Foot
Equivalent Unit”
Today Most Cargo is
Moved in 40’
Containers
TOP TRADING PARTNERS
EXPORT IMPORT
China China
Germany Germany
Belgium India
Netherlands Italy
Brazil Brazil
India Vietnam
United Kingdom Netherlands
Indonesia Indonesia
Japan Spain
Saudi Arabia Belgium
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
TOP CUSTOMERS
EXPORT IMPORT
Domtar Paper Amazon
Meadwestvaco/Westrock Walmart
International Paper Target
Archer Daniels Midland Lowes
Lansing Trade Group Ford Motor Company
Fornazor International Red Bull North America
America Chung Nam QVC
E I DuPont de Nemours Home Depot
The Scoular Company Cost Plus
Interstate Commodities BSH Home Appliances
More than
34 BUSINESSESannounced they were locating or
expanding their business in Virginia
8,700,000 SQUARE FEETbuilt or under development
created across Virginia
5,260 JOBSMore than
$1.3 BILLIONinvested across Virginia
CATALYSTS FOR COMMERCE: FYTD 2020
More than
Data as of 6.16.20
10
FY 2018
FY 2016
FY 2015
FY 2017
RECORD-SETTINGVOLUMESWe are handling more than 400,000 TEUs more than we did in FY2015 – a 15% increase.
FY 2019
FY 2020
(BUDGETED)
2.00
million
TEUs
2.25
million
TEUs
2.50
million
TEUs
2.75
million
TEUs
3.00
million
TEUs
3.25
million
TEUs
2.54
2.65
2.76
2.82
2.94
3.25
11
VirginiaInternational
Gateway
• 1.2 million container capacity (annually)
• Extended rail operation
• Extended berth
• Expanded truck gates
• 4 new ship-to-shore cranes
7.1.1913
NorfolkInternational
Terminals
• By Fall 2020:
• 800,000 container capacity annually (+46%)
• 26 lane truck gate (2017)
• Direct connectivity to I-564
• 2 new ship-to-shore cranes
June 1, 2020
Source: Economic Impacts of Virginia’s Maritime Industry, 2013, Raymond A. Mason School of Business, William & Mary
1,000,000 ADDITIONAL
CONTAINERS ANNUALLY
286,000 NEW JOBS ACROSS THE STATE
$38 BILLION IN SPENDING
$1.1 BILLION IN NEW STATE & LOCAL TAXES
WE HAVE A HISTORY OF WELCOMING BIG SHIPSA 69% increase in size in under five years.
2014: 8,500 TEUs
2015: 9,000 TEUs
2016: 10,500 TEUs
2017 (May): 13,098 TEUs
2017 (July): 13,300 TEUs
2017 (Aug): 14,400 TEUs
2019 (May): 15,300 TEUs
28
50’ / 55+’
EAST COAST PORT DEPTHSBy 2025, The Port of Virginia will by the only port of the US East Coast with a 55+’ channel depth.
NYNJ
50’/50’
BALTI-
MORE
50’/50’
SC PORT
45’/52’
GA PORT
42’/47’JACKSON-
VILLE
40’/47’
MIAMI
50’/50’
NORFOLK HARBOR DEEPENING & WIDENING
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