PORT OF SAVANNAH Garden City Terminal: The Southeast Gateway for - PowerPoint PPT Presentation

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 26 Container cranes • • 9,693 ft (2,955 m) of contiguous 146 Rubber-tired gantries • berthing space 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 0.4% -1.1% -0.7% 1.0% -0.1% 0.1% 1.7% 2.0% 2.7% 3.3% 5.4% Top 10 Sea/Tac LB Oakland Charleston LA Pt. Ev. NY/NJ Virginia Houston Savannah Total Source: AAPA; throughput excluding domestic

SAVANNAH: A GLOBAL COMMERCE HUB 35 WEEKLY SERVICES COVERING THE WORLD 34 NY/NJ THE MOST ON THE 11 PHIL BAL 8 U.S. EAST COAST 30 NFK 7 WIL EVERY MAJOR CARRIER 24 CHA CALLS SAVANNAH SAVANNAH 35 JAX 8 Key Savannah Service Features: • Offers 8 Services via Panama PEV 23 • Offers 8 Services via Suez 19 MIA • 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 Trade Lanes SAV USEC Asia via Panama 8 13 Mediterranean 5 7 Asia/India/MidEast via Suez 8 Oceania 2 8 1 North Europe 7 13 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 CURRENT Maersk Maersk 2M 2M + MSC MSC HMM Hyundai CMA CGM O3 China Shipping CMA CGM (APL) UASC China COSCO 4 Mega Alliances OCEAN Evergreen (16 carriers) COSCO OOCL “K” Line CKYHE Yang Ming Hapag (UASC) Hanjin NYK Evergreen THE MOL Yang Ming “K” Line APL 3 Mega Alliances Hyundai (12 carriers) MOL *Independents calling GCT include G6 Hapag Lloyd ZIM NYK Turkon OOCL Hamburg Süd (soon to be officially acquired by Maersk)

PANAMA CANAL EXPANSION COMPLETE! GAME CHANGER Photo courtesy of Panama Canal Authority

PANAMA CANAL EXPANSION: MARKET EXPANDS WEST NY/NJ CHICAGO COLUMBUS NFK ST. LOUIS CHARLESTON MEMPHIS ATLANTA SAVANNAH JACKSONVILLE MOBILE EAST COAST PORT MARKETS MIAMI 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 56 55 55 13 0 0 0 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 60% OF ALL VESSELS CALLING ON SAVANNAH ARE NEOPANAMAX 13,092-TEU COSCO Development

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 • Gate 8 & Mason Empty Depot Yard delivered in December 2016 • Stevedore Technology • Additional 4 Super Post-Panamax • 20 refrigerated container racks and an Cranes on order for delivery in 2017 additional 960 TEUs of capacity for a • 10 RTGs in Sept. 2015, 10 in Apr. total of 3,200 reefer slots 2016, 5 in Jul. 2016, and 5 in Sept. 2016 Equipment Type Current Build Out Ship to Shore (STS) Cranes 26 34 Rubber Tired Gantries (RTG) 169 146

LAST MILE PROJECTS Savannah River International Trade Park Jimmy Deloach Parkway Crossroads Connector (completed) Business Center Gate 8 Grange Road Upgrade Exp. completion: 2018 Savannah International Airport Mason ICTF / HWY 307 Overpass (completed) Jimmy Deloach Parkway Extension to I-16 Exp. Completion: 2021 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

SHEP UPDATE WATER ENTRANCE CHANNEL 49 FT (14.9M) SUPPLY INNER HARBOR 47FT (14.3M) MLW IMPROVEMENT 79% COMPLETE OVERALL OXYGEN PROJECT INJECTION 20% 31% COMPLETE COMPLETE DIKE RAISING 70% COMPLETE CSS GEORGIA CHANNEL 80% COMPLETE 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