Maryland Department of Transportation Port Administration State of the Port July 6, 2018
The Port of Baltimore is a complex mix of Private and Public terminals handling diverse cargoes. 2
Maryland Port Administration Global Trade Economic Impact to the State of Maryland Cargo Statistics and Rankings Infrastructure Investment Future Challenges MPA Accomplishments 3
Port of Baltimore s International Cargo Flows - 2017 Asia 17.73m tons North America 1.78m tons 0.27 1.51 4.54 7.41 Europe 11.96m tons 2.07 3.30 Africa 1.38m tons Australia 0.23m tons South/Central America 5.37m tons POB Tons (Millions) Imports = Red (13.6m Tons) Exports = Blue (24.8m Tons)
Port of Baltimore Foreign Cargo 2007 2017 40.0 37.8 37.0 38.4 Tons (Millions) 35.0 30.0 25.0 20.0 15.0 10.0 30.8 33.0 22.4 32.8 Bulk Cargoes (Coal, Sugar, Gypsum, Salt, Fertilizers, etc.) 30.3 29.5 32.4 31.8 5.0 0.0 General Cargo (Containers, Autos, RoRo, Pulp/Paper, etc.) 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 5
Economic Impacts of the Port of Baltimore Among U.S. Ports, the POB is ranked 9 th in dollar value for foreign cargo and 12 th for foreign cargo tonnage. 13,650 direct jobs 20,270 induced and indirect jobs 93,700 related jobs to Port s cargo $2.9 billion in personal income $310 million in state and local tax revenues. 6
Cargo Statistics and National Rankings 1 st in Autos/Light Trucks; and 1 st in Roll on/roll off (Ro/Ro) Cargo 1 st in Imported Sugar 2 nd in Exported Coal 9 th in Overall Foreign Cargo Value ($53.9B) 12 th in Overall Foreign Cargo Tonnage (38.4) 7
297,322 257,179 301,689 314,600 335,598 351,102 380,844 415,633 431,048 479,237 312,976 268,097 309,124 316,681 342,052 354,128 389,295 424,681 438,437 483,245 MPA Annual Container TEUs in Calendar Years TEU = Twenty Foot Equivalent Unit 8 x8 x20 8 x9.5 x40 1,000,000 900,000 Import Export 14,000 TEU Ship 800,000 700,000 600,000 500,000 400,000 300,000 WTC Baltimore 200,000 100,000 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 The MPA handled a record 962,480 TEUs in 2017. 8
POB Annual Automobile Units in Calendar Years 900,000 800,000 POB Auto Units Philadelphia 5% POB Market Share Norfolk 1% Boston 1% 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 2008200920102011201220132014201520162017 POB Imports POB Exports Provide nce 8% Charleston 8% New York 18% Jaxport 18% POB 22% Georgia Ports 19% In 2017, the POB handled a record amount of 807,194 units. 9
MPA Roll-On/Roll-Off Cargo (tons) POB Market Share Jaxport NY 6.4% 5.5% others 3.4% Charleston 3.1% Norfolk 5.3% POB 50.2% 1,100,000 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Import Export Georgia Ports 26.1% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 10
MPA Annual Imported Forest Product Tons in Calendar Years 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 Pulp Paper 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 11
6,710,623 11,026,502 13,909,142 12,902,535 15,222,977 14,253,822 14,372,817 19,240,931 19,446,008 20,824,225 Coal Export Tons 24,000,000 20,000,000 16,000,000 12,000,000 8,000,000 4,000,000-2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Baltimore is the 2 nd largest coal port with 24% of all exports from the USA, after Norfolk/Newport News terminals (39%). 12
616,066 577,054 483,111 493,930 423,693 621,519 562,066 785,322 775,253 1,078,046 Gypsum Imports (tons) 1,200,000 1,000,000 800,000 600,000 400,000 200,000-2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 The Port of Baltimore was the largest USA port for gypsum imports in 2017. 13
# of Cruises # of Passengers MPA Cruise Activity Home Ports Port Calls Passengers (Embarks & Transit) 120 300,000 100 250,000 80 200,000 60 150,000 40 100,000 20 50,000-2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018est 2019est - 14
Infrastructure Investment PAC - MPA s P3 Partner Nov. 2010 Since 2010, Ports America Chesapeake invested over $260M in Seagirt: Deep Berth & world s largest cranes Gate & truck scale improvements Additional Yard Cranes Chassis Yard Back Gate, etc. Jan. 2013 Operational Jan. 2017 Larger Ships 15
TONS (Thousands) Infrastructure Needed Land for Cargo Terminals In 2017, MPA set a new record with over 10.7 million tons of general cargo; additional land is needed to continue to grow business. 11,000 10,000 9,000 MPA General Cargo Tons 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000-2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 BB/Steel 310,530 145,380 210,923 328,718 388,611 272,763 247,476 213,908 195,595 217,589 Forest 1,168,83 844,041 933,323 912,823 834,787 934,344 789,995 674,628 755,357 670,811 Ro/Ro 969,272 598,302 622,891 938,675 1,091,52 899,032 861,876 760,182 700,718 726,026 Autos 699,474 495,549 735,129 829,282 982,058 1,093,69 1,152,45 1,102,89 1,063,04 1,073,33 Container 5,814,03 5,248,18 5,647,98 5,877,17 6,297,48 6,368,57 6,624,55 6,878,24 7,346,71 8,032,07 16
Economic Impacts of the Port of Baltimore Point Breeze Acquisition 4,120 jobs in Maryland potential on the 70 acre site 1,650 direct jobs (29% in Baltimore City) 2,470 indirect and induced jobs $343 million in personal wage and salaries $210 million in business revenues $36.1 million in state and local government tax revenues 17
Infrastructure Needed Howard Street Tunnel This will allow double-stacked containers to reach the Midwest efficiently. MDOT and CSX originally applied for a grant under the FASTLANE. Both parties intended to reapply under INFRA, but CSX decided against it just a week prior to the deadline. Source Amount Federal Request $155M State Match $145M CSX Match $145M TOTAL $ 445M Double-stacked access will improve the POB s competitive standing for containers, create jobs and also improve freight rail connections north and south. 18
Economic Impacts of the Port of Baltimore Howard Street Tunnel CSX deferred the project in November 2017 $445 million project with costs shared equally by CSX, State of Maryland and Federal Government Approximately 7,290 long term jobs (2,950 direct associated with port activity) State/Local Tax Revenues: $65 million annually Personal Income and Re-spending: $613 million Business Revenues: $443 million Addition 6,550 jobs and $392 million associated with the 5 year construction period. 19
MPA Accomplishments The Port of Baltimore s public marine terminals set several cargo records in 2017. New records were established for: general cargo (10.7 million tons); containers (962,480 TEUs); and imported cars (419,304 cars). The Journal of Commerce ranked the Port of Baltimore as one of the most efficient ports in container berth productivity for the third consecutive year. For the ninth straight year, the MPA received a top rating of excellent on a security assessment from the Coast Guard. The Ocean Alliance (CMA-CGM, China COSCO, Evergreen and OOCL) will introduce a new container service to/from North Europe in April 2018. Hoegh has started a new Ro/Ro service from the POB to Australia / New Zealand. MDOT MPA purchased 70 acres behind Seagirt Marine Terminal for additional container and cargo storage Port of Baltimore named the fourth-fastest growing North American port by the Journal of Commerce 20