Prince Rupert
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Transcript of Prince Rupert
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Prince Rupert
Seattle
LA/LB
Oakland
Lazaro Cardenas
Nova Scotia
New York
Norfolk
Savannah
Jacksonville
Mobile
Port Competition is Intensifying
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East Coast ports race to dig deeper for giant ships coming through expanded Panama CanalBy Russ Bynum
SAVANNAH (AP) - When Savannah welcomed the largest cargo ship ever to call on its booming seaport, the visiting vessel barely fit. The Figaro had to sail in loaded at half capacity to avoid scraping the river bottom, and even then could only navigate the shallow channel at high tide.
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West Coast’s Share is Falling
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Prince Rupert Container Volume Growth (TEUs)
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Prince Rupert Expansion Plans
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Canada’s Gateway & Corridor Initiative Targets U.S. Midwest Cities
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Houston: Bayport Terminal $1.4 billion project. 2.3 M TEU.
Mobile: New Terminal and ICTF. 800,000 TEU
Jacksonville: 2 new container terminals. 2 Million TEU. Dredging to 45’’
Savannah: expand capacity to 6.5 Million TEU. 48’ channel deepening project.New intermodal facilities.
Jasper County: Proposed $500m, 1800 acre, 48’ depth.
Charleston: Proposed new 1.3M TEU terminal. 45’ deep.
Norfolk: expand to 3M TEU. Proposed Craney Island Terminal 2.5M TEU. Private APMT 1M TEU (2M expansion). Al l56’ depth
New York: 52’ depth by 2012. Expanded rail capacity to 1 million on/near dock. Bayonne Bridge $1.2B
Melford, Nova Scotia (Prince Rupert of the East): 1.5 M TEU (2.5 M expanded). Maher Terminals will complete by 2013.
Panama Canal Expansion & East Coast/Gulf Port Development
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• Office of multimodal freight• Develop national strategic freight
plan• Dedicated funding for freight• HM Tax: Full expenditure; level
the playing field
National Freight Strategy
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• We support full expenditure of HM Tax revenue.
• Preserve current HM Tax and HMTF structure
• At the land border, charge the same rate (0.125% of value) as the current HM Tax
• Establish new account for use by US DOT to fund freight infrastructure projects.
Proposal to fix HM Tax Land Border Loophole
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Pacific NW Gateway Corridor
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Questions or Comments?