Panama Canal Stakeholder Working Group Meeting

Transcription

1 Panama Canal Stakeholder Working Group Meeting POHA, Bayport Container Terminal, Houston, Texas August 27, 2012

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4 TOTAL ECONOMIC IMPACT 9,749 Texas jobs are in some way related to the Port Of the 9,749 jobs held by Texas residents: 2,208 jobs are directly generated by activities at the public and private marine terminals 1,718 jobs (induced jobs) are supported by the local purchases of the 2,208 individuals directly generated by port activity. An additional 3,284 indirect jobs were generated due to $240.6 million of purchases in the local and regional economy by firms providing direct cargo handling and vessel services. An additional 2,539 Texas jobs are related to cargo imported and exported via the public and private marine terminals. These jobs are with local and state steel fabrication companies, firms using and producing break bulk cargo and dry and liquid bulk cargo moving via the Port of Galveston. * 2007 Martin and Associates Economic Study

5 DIRECT JOB IMPACT In 2007, 8.5 million tons of domestic and foreign waterborne cargo moved via the public and private marine terminals. As a result of this activity, 2,208 full-time jobs were directly created. DIRECT JOBS SURFACE TRANSPORTATION RAIL 41 TRUCK 160 MARITIME SERVICES TERMINAL EMPLOYEES 225 ILA/DOCKWORKERS 334 TOWING 20 PILOTS 15 AGENTS 36 FORWARDERS 101 SHIPREPAIR/MARINE CONSTRUCTION 803 GOVERNMENT 21 MARITIME SERVICES 78 TENANTS TOTAL 2,208

6 STATISTICAL INFORMATION ANNUAL TONNAGE: 7.83 Million Tons (average since 2006) CARGO TYPES: Bulk Grains Bulk Fertilizers Bulk Liquid Ro-Ro Cargo Refrigerated Fruit General Cargo / Steel Containers Livestock Cruise Passengers

7 STATISTICAL INFORMATION FISCAL YEAR Total Operating Revenue $23,247,2 51 $22,861,634 $20,870,753 $ 22,489,156 $22,098,700 $ 21,958,844 SHIP CALLS total ,064 1,091 1,094 Cargo Ships Cruise Ships Lays & Rigs Barges (cargo) Barges(lay) Research Vessels CRUISE PASSENGERS total 920, , , ,523 1,047,755 1,233,137 Embark 459, , , , , ,939 Debark 461, , , , , ,198 CRUISE REVENUE total $9,148,000 $8,350,881 $7,639,322 $6,906,486 $7,052,609 $8,128,401 TOTAL CARGO (short tons) 7,358,869 8,219,660 5,849,777 5,911,882 6,191,430 6,217,668 Containerized Cargo TEUs N/A N/A N/A 10,348 8,848 10,755 Containerized Cargo (short tons) 141, ,997 92,199 92,057 79,472 93,465 Grains 3,592,228 4,361,157 3,037,793 3,696,415 4,131,026 4,425,479 Fertilizer 413, , , , , ,488 Liquid 2,518,373 2,753,381 1,820,621 1,213,185 1,017, ,584 Misc. 20,362 54,271 68,436 Fruit 227, , , , , ,212 General cargo/steel 29,672 26,133 84,256 98,017 20,864 13,557 Ro-ro cargo 410, , , , , ,447 Livestock head tons 5,043 WATERBORNE COMMERCE

8 Ship Service Revenues 8% Security Cost Recovery 3% Terminal Access Fee/Miscella /Interest Income 1% STATISTICAL INFORMATION 2012 Budgeted Revenue 2012 Revenues Parking Cruise Operations 15% Dockage 22% Rentals 19% Passengers 17% Wharfage 12% Revenue Producing Services (permits, utilities, etc.) 1% Rail Switching and Storage Cars 3% Dockage Rentals Passengers Wharfage Parking Ship Services Rail & Switching Other $6.3M $5.4M $4.7M $3.4M $4.2M $2.2M $0.7M $1.1M Projected Total Revenue $27.9M

9 PORT IMPROVEMENT PROJECTS SINCE 2009 Description of Project Cost of Project Del Monte Fresh Produce - Improved refrigeration, increased storage capacity and truck delivery area $ 5,553, Wallenius Wilhelmsen Logistics - Added Foreign Trade Zone site with warehouse to implement a vehicle processing center for Caterpillar Distribution Hub $ 220, Corps of Engineers - Completed Galveston Harbor deepening to 45 feet. Port share $10,254,285: Corps share $30,762,855 $ 41,017, Gulf Copper Drydock & / Rig Repair - Installed new electrical distribution system, general building repair and purchased new fabricating equipment $ 4,132, ADM Grain Company - Installed 17,000 linear feet of track to accommodate increased rail delivery (estimated investment) $ 3,500, Pelican Island Storage Terminal Inc. - Completion of construction of two 106,000 barrel tanks will have doubled storage capacity since 2001 to over 2 million barrels T & T Marine - Relocated and rebuilt facility with a 43,000 sq. ft. warehouse for offshore salvage operations (estimated investment) Cruise Terminal 1 improvements Pier and terminal improvements to accommodate Carnival Magic including state-of-the art passenger loading bridge Rail Projects - Rehabilitated and modified two existing rail track spurs in the vicinity of Piers $ 2,500, $ 13,200, $ 1,400, Total Cost $71,522,957.00

10 CRUISE INDUSTRY

11 CRUISE NEWS 6 th Busiest cruise port in the U.S. Year Round homeport to: Carnival Cruise Lines Carnival Magic Carnival Cruise Lines Carnival Triumph Seasonal Homeport to: Royal Caribbean International s Mariner of the Seas Disney Cruise Line s Disney Magic * Princess Cruises Crown Princess* (November-April) (September-April) (December-April) Ships will carry over 1.1 million passengers annually from Texas Over $1 billion in direct spending and 16,450 jobs paying $828 million in income for Texas workers. Texas accounted for 6.1 % of the industry s direct expenditures (all from Galveston) * New in 2012

12 DEVELOPMENT PROJECTS Pelican Island Rail and Bulk Facility East End (Pier 12/14 and Pier 14/15) Slip Closure and Terminal Expansion West End Development (Future Slip Closures) Pelican Island 100 Acres Cargo Terminal Development

13 PELICAN ISLAND RAIL

14 EAST END SLIP CLOSURES (before)

15 EAST END SLIP CLOSURES (after)

16 WEST END DEVELOPMENT

17 PANAMA CANAL EXPANSION Locks Panamax New locks New Panamax 1 Length 1,050 ft ( m) 965 ft ( m) 1,400 ft (427 m) 1,200 ft (366 m) Width 110 ft (33.53 m) 106 ft (32.31 m) ft (55 m) ft (49 m) Depth, draft ft (12.56 m) 39.5 ft (12.04 m) 60 ft (18.3 m) 49.9 ft (15.2 m) TEU 5,000 12,000 1 New Panamax sizes are published in metric system [2] 2 Draft in Tropical Freshwater (TF)

18 PANAMA CANAL EXPANSION

19 Port of Galveston and the PANAMA CANAL Current Impact Port of Galveston currently handles 2 4 Ro-Ro calls per month inbound from the Far East via the Panama Canal where the Port of Galveston is first Port of Discharge. Cargo is construction and agricultural equipment. Monthly Ro-Ro service from Galveston to Oceania, Australia and New Zealand via the Panama Canal. Cargo is mostly mining and agricultural equipment. Some export grain cargoes westbound via Panama Canal.

20 Port of Galveston and the PANAMA CANAL Possible Impact from Expansion Port of Galveston currently has authorized depth of 45 feet Deeper draft in the Panama Canal should provide opportunities for more export grain cargoes westbound via Panama Canal due to ability to load to 44 feet, deeper than current Panama Canal draft of 39 feet 06 inches. Should provide for more competitive freight rates to some markets in Asia. Deeper draft in the Panama Canal should provide opportunities for direct export of liquid bulk products from Pelican Island Storage Terminals, Inc. in larger vessels. That cargo now transships around Cape of Good Hope via Caribbean terminals after loading to smaller ships in Galveston. Opportunities for bulk products to ship directly to Far East from new Pelican Island Bulk Terminal when constructed using bulkers capable of loading to post-panamax drafts.

21 CONCLUSION - Improvements to Transportation Improvements needed to ensure adequate rail capacity in Class One manifest yards and main lines to and from the ports to handle increases in exports and imports. Adequate maintenance dredging of channels to ensure consistent authorized depths, and construction to provide additional deepening to maximum feasible depths to controlling drafts at the expanded Panama Canal. First Mile and Last Mile highway and roadway connectors to reduce congestion and improve port productivity.

22 INFORMATION 123 Rosenberg Ave Galveston TX Ph: Fx: VISIT US: FOLLOW us on Twitter LIKE us on Facebook