sign in sign up
<<
Home , Anchorage (maritime), Home port, Port of Boston

of : Revival of a Regional Economic Engine Deborah Hadden

Port Director Port Authority

Environmental Business Council of New Energy Environment Economy THE A Regional Economic Engine

Presentation to Environmental Council February 29, 2014

2 BENEFITS OF THE PORT OF BOSTON

• Economic Engine . $2.4 billion annual economic impact . 34,000 jobs . Makes local business more competitive . Keeps prices on goods more affordable for consumers • Better for the environment • Key cargos (14M tons/year): . petroleum products . road salt . scrap metal . seafood . footwear and clothing . furniture . beer/wine

3 MASSPORT’S STRATEGIC VISION

• Increase the amount of foreign and domestic water-borne commerce (primarily containers) through the Port of Boston • Develop facilities and related access infrastructure to support growth in container, cruise, bulk cargo and commercial fishing business lines • Develop other Maritime properties to support core businesses and provide financial return to make capital investments in port facilities

• Operate in a fiscally, environmentally and socially sustainable manner

4 Everett

Chelsea LOCATION AND OWNERSHIP OF THE PORT East Charlestown Boston OF BOSTON

North Massport End Property

Other Public Financial (USCG & BRA) District

Private Port Facilities

5 CONLEY CONTAINER TERMINAL • Largest container terminal in New England – 101-acre facility with two 45’ deep berths – Owned and operated by Massport – Approx. 200,000 TEUs and 1.5 million tons per year throughput – Weekly services to North Europe, Med, and Far East.

• Over $150 million invested in capital improvements over past 20 years

6 Port of Boston Advantages

• Only full-service container port between NY/NJ and Canada • Closest U.S. port to Europe and Suez Canal • Strong Boston export market • Loyal New England shipper base • Cost savings to import NE cargo through Boston vs. NY/NJ • Adequate terminal capacity • Direct interstate connections

7

Why Deepen Boston ?

Drivers: • Global Trade Volumes Projected to Increase • Shipping lines want larger ships to reduce costs and maximize profits. • Expanded Panama Canal to open mid-2015 – EC racing to deepen!

To preserve the Value of the Port of Boston:

– 34,000 jobs and 2.4 Billion annual economic benefit connected to Port – $11.4 billion in Commodities move through the Port of Boston annually – 67% of region’s petroleum and all jet fuel for Logan imported through Port – 1600 companies (over 600 in MA) use the Port to receive and ship their goods

8

FACT SHEET 2 FACT FIGURE

– PLANS A & B A & PLANS FOR CONTAINERSHIP TRAFFIC FOR MAIN CHANNELS IMPROVEMENT MAIN , MASSACHUSETTSBOSTON HARBOR, DEEP DRAFT NAVIGATION DRAFT DEEP IMPROVEMENT FEASIBILITY STUDY

9

Feet Feet

RIVER 40 Feet

- 51 North North - Channel Entrance 40 Feet Island Broad Sound Lovells -

and to and to

0 Feet Wide 0 Feet Feet

47 -

by 60 by

Channel and Lower Reserved Reserved andLower Channel

45 Feet 45 - Finns Ledge FIGURE 46 , Widened the Bends , in

DEEP DRAFT NAVIGATION NAVIGATION PROJECTDEEP DRAFT

Foot Chelsea River Channel Foot to Chelsea River - Deer Foot Area of Mystic River Channel Foot Mystic to of Area Island - for Port of Boston? of Port for 35 Roads RECOMMENDED PLAN OF IMPROVEMENT PLAN RECOMMENDED President President

, Turningto , Basin Anchorageand North Entrance ChannelEntrance North BOSTON HARBOR BOSTON HARBOR BOSTON HARBOR, MYSTIC RIVER AND CHELSEA RIVER MYSTIC BOSTON HARBOR, AND the the

hannel

WINTHROP Widen and Deepen Lower Main Main Ship Widen Lower and Deepen C in Areato theTurning above ShipExtend Deepening Main Channel Terminalat the Marine Massport ofDeepen Portion WidenDeepen 38 and

Area

Island Turning Spectacle

N

Island LOGAN LOGAN AIRPORT Castle

River CONLEY TERMINAL CONLEY Chelsea MARINE MARINE TERMINAL ed Channel in this Drawinged shows area

T.W. TUNNEL Recommended Plan Plan Recommended Channel Reserved Reserved

d Note: Reserv Note: Alternative. Turning Alignment Basin the Northern Detailed Channel Maps Reserved see of the Please Details on All Alternatives. for Area

ORD ST ORD Scale -

River TERMINAL Un Mystic Mystic MEDF

Boston Harbor De ep Draft Final Feasibility Report March 2013

Navigation Improvement Study What is is What

Key Project Assumptions & Benefits

• 3 ExistinCarrier Services Use Larger Ships and New England Cargo Currently Handled by NY/NJ Shifts to Boston Harbor • 218,800 TEUs annually shift to ships via Boston • 18.5 million less truck miles annually • 3 million gallons of diesel fuel saved annually • On-Road Truck air emissions reduced • Traffic safety and congestion improved.

10 CONLEY GREEN INITIATIVES

• Conley Terminal Environmental Management System and ISO 14001 certification • Recycling of specialized waste • ULSD conversion for yard equipment • Equipment retrofits • “Green” equipment replacement program • Truck idling reduction • Clean Truck program • Designated/dedicated truck routes • Buffer zones

11 PROPOSED CONLEY DEDICATED HAUL ROAD and BUFFER ZONE

12 CRUISE PORT BOSTON

• Largest cruise terminal in NE; owned and operated by Massport • Over 380,000 passengers on 116 vessels visited Boston in 2013 – expect double volume by 2025 – 50% /50% port-of-call

• 4 ships based in Boston offer cruises to Bermuda, Canada and Europe • Estimated $18M in annual economic benefit to city, state and region • Existing terminal built in 1980’s for much smaller ships – fender system was upgraded in 2009 and an $11M upgrade completed in 2010. • Need for a modern 2nd terminal to handle ships carrying up to 5,000 PAX

13 BOSTON AUTOPORT

• 80-acre auto import, export, processing and distribution facility in addition to salt terminal, passenger vessel maintenance and various port support activities

14 • Home of the Boston fishing fleet • Owned/operated by Massport – tenants run seafood processing, auction and restaurant on 1st floor; offices on 2nd floor

15 MASSPORT MARINE TERMINAL

• 40-acre site created by Massport as filled land and leased from EDIC through 2070 • Site offers excellent highway access, deep water berth and potential for future rail service • Two seafood processing facilities currently in operation • Construction expected to begin shortly totaling over 400,000 sq ft of cold storage and additional processing space.

16 PETROLEUM

1 Global 1 Everett 2 2 Irving Chelsea 3 3 Gulf 7 6 5 4 C. Philips 4 5 Atlantic Fuel East 6 Exxon Mobil Charlestown Boston 7 Suez

• Approximately 415 ships per year • 41% of New England’s petroleum products • Provides 66% of distillate oil, 79% of gasoline, and 100% of jet fuel consumed in Mass 17

KEY PORT CHALLENGES

• Capital Intensive

• Ships Keep Getting Bigger

• Very Competitive Business Drives Port Rates

• Geographic Location Not Ideal

• Proximity to Residential Neighborhoods

• Proximity to Logan Airport

18

QUESTIONS ?

19