Presentation to:2009 Africa Business Conference

Mr. Russell HeldDeputy Executive Directory, Development

Virginia Port Authority

June 18, 2009

The Port of Virginia

The Hampton Roads Harbor

NITNIT

NNMTNNMT

Future CIMTFuture CIMT

PMTPMT

APM TerminalsAPM Terminals

Pulp & PaperPulp & Paper

SteelSteelRo/RoRo/Ro

RubberRubber

LumberLumber

Newport News Marine Terminals:Top of the Line in Breakbulk Cargo

Over 600,000 tons of breakbulk and project cargo are handled annually.

Almost 200,000 square feet of enclosed warehouse space

Ro/Ro berths with extra wide aprons provide easy access and maneuvering room.

On-dock rail enables fast turnaround

• Port Capacity and Productivity is Often Measured in TEUs

• TEU Stands for “Twenty Foot Equivalent Unit”

• Original Containers Were 20’ Long

• Today, Most Cargois Moved in 40’ Containers

20’

One 20’ container = 1 TEU

40’

One 40’ container = 2 TEU

Container Dimensions

53’

Typical over the road truck

• Containers are used to Ship a Large Variety of Consumer Goods

– Electronics

– Textiles

– Toys

– Beverages

– Food

– Cigarettes

– Raw Materials

– Almost Anything Can Be Shipped in a Container

What’s In The Box?

One 40 ft. Container

= = $52,920@ 1,890Cases

$28.00/Case

= 432,000Packs

@ $5.50/Pack = $2,376,000

=10,000Pairs @ =$39/pair $390,000

= 31520” TVs

@ =$130/TV $40,185

Source: Terminal Operator CY2008

The nearly 2.1 Million TEUs moving over the Port of Virginia in 2008 were transported by:

Intermodal Gateway

Barges 5%

Rail 31%

Trucks 64%

James River Barge Service

Commenced December 2008

Weekly service between the Norfolk & Portsmouth Terminals and Richmond, VA

120 TEU capacity

Each container moved via the Barge reduces fuel consumption by 31 gallons

The Heartland Corridor

The Port of Virginia28 Tunnels Require

Modifications to Provide 20’-3”

Clearance

1264 Miles to Chicago

1031 Miles to Chicago

Columbus

Harrisburg

28 Tunnels Require Modifications to Provide 20’-3”

Clearance

1,264 Miles to Chicago

Prichard

Roanoke

ChicagoCleveland

1,031 Miles to Chicago

Heartland Corridor

The Port of Virginia28 Tunnels Require

Modifications to Provide 20’-3”

Clearance

1264 Miles to Chicago

1031 Miles to Chicago

Columbus

Harrisburg

28 Tunnels Require Modifications to Provide 20’-3”

Clearance

1,264 Miles to Chicago

Prichard

Roanoke

ChicagoCleveland

1,031 Miles to Chicago

Heartland CorridorHeartland Corridor

New route will be Double-Stack and will eliminate more than 230 miles

Expected to be Complete in 2nd Qtr 2010

NYNJPA

Norfolk

Chicago

St Louis

Memphis

New Orleans

Tampa

Miami

Jacksonville

AtlantaBirmingham

Columbus

Pittsburgh

CSX National Gateway

CSX National Gateway

CSXT double stack routes

Other CSXT routes

Connects Norfolk to the Midwest and beyond

Expedites traffic through Chicago and St. Louis gateways

NW Ohio Transfer Yard enables CSX service to new major markets

International Container

is Loaded Onto a Truck

International Container

Arrives at The Port via Ship

Container Arrives at Distribution

Center via Truck

What is a Distribution Center?

Goods Repacked Into

Domestic Container

International Container Unpacked at Distribution Center

Domestic Container Arrives at Market

What is a Distribution Center?

Selected Distribution Centers

Port ofVirginiaPort ofVirginia

Far East to East Coast Transit Routes

ChinaChina

Virginia

Morocco

•Suez Services

•Feeder Services from the Med and North Europe

•Emerging Markets of Western Africa

Memorandum of Understanding

April 2008 - Virginia Port Authority signs MoU with the Tangiers Mediterranean Special Agency signifying a cooperative efforts to build trade between the two ports

Key Components of the MoU

– Data interchange – Technological interchange– Modernization and

improvements– Joint marketing activities– Market studies– Training

Recent Announcement

• CMA CGM’s PEX3 service will provide a direct link between the Port of Virginia and Morocco

• The revised PEX3 service will provide the Port of Virginia with the fastest U.S. East Coast transit time of 7 days to Morocco’s Tangier-Med Port. 

• Effective on June 13, 2009. 

• The revised PEX3 service will be operated by nine 5,000-TEU vessels.

Presentation to:2009 Africa Business Conference

Mr. Stuart C. Stone, CHBDirector, Norfolk Exports

Hipage

June 18, 2009

“Oh my gosh, they accepted my quote!”

•SAMPLE SHIPMENTS

–Air Freight–LCL–Containerized–Break bulk–RoRo–LoLo

•PAYMENT–Prepayment–Partial Prepayment–Open Account–CAD–L/C

•INSURANCE

•PIRACY •BOOKING–Physical Information–Pre-shipment Inspection–Weight Limits–Flatrack Containers–Open Top Containers

•DOCUMENTATION–IMO–Commerce License–State Department License

“Oh my gosh, they accepted my quote!”

Thank You!Thank You!