Seaports Magazine - Spring 2018 - 8

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FROM THE PRESIDENT'S DESK

The Thrill of Shattering Records
By Kurt J. Nagle
President & CEO
American Association of Port Authorities

s I write this column, the 2018 Winter Olympics are just
about to begin in PyeongChang, though by the time
you read this, they will have just concluded. While I
can't predict the exciting moments or the storylines
that will capture the hearts of citizens throughout the world, I
can predict one thing: like every Olympics in the past, there will
be records broken.
Whether the event is thrilling and fast - like luge or speed
skating - or something that is more subtle and evenly-paced - like
figure skating or curling - there is always an electricity that begins
to spark when someone is close to shattering a record, breaking a
time barrier or setting a new high score. TV announcers begin to
speak a little faster and get a little breathier at the possibility of a
new high (or low, as the case may be). The athlete(s) often become
extra focused, demonstrating an even higher level of physical
prowess than when the competition began. And if a person or
team does manage to set a new Olympic record, the explosion of
excitement and celebration from the crowd and the broadcasters
is contagious, even if a viewer knows little to nothing about the
sport or has never watched it before.
It seems appropriate then, that each week, a new port is issuing
a press release about the records they are breaking. Best month,
best year, highest ever... we are seeing a lot of exciting superlatives
at AAPA headquarters as our members' cargo and cruise levels
return to or far exceed pre-recession levels. In many cases, ports
are announcing that they are setting records for the organization
in its history.
Business these days is booming.
And while this boom is certainly exciting (even if we don't have
broadcasters offering colorful commentary on the efficiency of
new cranes or the throughput potential of automated equipment),
it presents challenges, too. Commissions and communities may
come to expect a high level of performance, which may be difficult
to sustain. Ports may push up against the limits of their physical
space or their ability to grow. Industry partners may expect ports
to use their success to grow in areas that the port doesn't know
well or hasn't had much experience in.
In the United States, a key challenge is that for all the growth
happening at ports, the federal government continues to lag in
its participation at ports. In 2016, U.S. ports and their private

8

AAPA SEAPORTS MAGAZINE

We are seeing a lot of
exciting superlatives
at AAPA headquarters
as our members' cargo
and cruise levels
return to or far exceed
pre-recession levels.

sector partners said they were planning to invest $155 billion by
the end of 2020. Yet ports have identified $66 billion in water and
landside infrastructure needs at the federal level. As Washington
continues discussion on an infrastructure package, AAPA will be
working to ensure that ports' needs are included in any legislation
that advances.
Beyond Washington, ports throughout the Western Hemisphere
are looking for how to make the current growth sustainable.
Many are looking for new or emerging business lines that have
the potential to become significant income streams or part of a
diversified portfolio for years to come. Turning a niche into an
area of expertise is a challenge - but an opportunity that many
can pursue.
At AAPA, we have been reminding ourselves to pause for a
moment and "ring the awesome bell" when things go well, before
moving on to the next challenge or opportunity. At this Olympic
moment in 2018, I think the industry can ring a collective "awesome bell" at the new highs being announced by our members.
This issue of Seaports is a celebration of the industry's success.
Whether your port has already had its own medal ceremony
moment or is just coming up on a major milestone or new record,
I encourage you to revel for a moment in your accomplishments
as an organization and an industry. ●



Table of Contents for the Digital Edition of Seaports Magazine - Spring 2018

AAPA Headquarters
From the President’s Desk
Business Boom: Ports Report Record-Setting 2017
One-Sided Investments – U.S. Ports Call for Federal Support of Long-Term Infrastructure Development
Ship Shape: Ports Navigate Their Niches to Find Their Areas of Expertise
Finding the Right Mix – A Latin American Port’s Perspective
Dredging Demands
Water Resources System Integral to Competitiveness of US Economy and Security
Port-Based Welfare Provision: It’s About Collaboration
Index of Advertisers
Seaports Magazine - Spring 2018 - Intro
Seaports Magazine - Spring 2018 - cover1
Seaports Magazine - Spring 2018 - cover2
Seaports Magazine - Spring 2018 - 3
Seaports Magazine - Spring 2018 - 4
Seaports Magazine - Spring 2018 - 5
Seaports Magazine - Spring 2018 - AAPA Headquarters
Seaports Magazine - Spring 2018 - 7
Seaports Magazine - Spring 2018 - From the President’s Desk
Seaports Magazine - Spring 2018 - 9
Seaports Magazine - Spring 2018 - Business Boom: Ports Report Record-Setting 2017
Seaports Magazine - Spring 2018 - 11
Seaports Magazine - Spring 2018 - 12
Seaports Magazine - Spring 2018 - 13
Seaports Magazine - Spring 2018 - One-Sided Investments – U.S. Ports Call for Federal Support of Long-Term Infrastructure Development
Seaports Magazine - Spring 2018 - 15
Seaports Magazine - Spring 2018 - 16
Seaports Magazine - Spring 2018 - 17
Seaports Magazine - Spring 2018 - 18
Seaports Magazine - Spring 2018 - 19
Seaports Magazine - Spring 2018 - Ship Shape: Ports Navigate Their Niches to Find Their Areas of Expertise
Seaports Magazine - Spring 2018 - 21
Seaports Magazine - Spring 2018 - 22
Seaports Magazine - Spring 2018 - 23
Seaports Magazine - Spring 2018 - Finding the Right Mix – A Latin American Port’s Perspective
Seaports Magazine - Spring 2018 - 25
Seaports Magazine - Spring 2018 - Dredging Demands
Seaports Magazine - Spring 2018 - 27
Seaports Magazine - Spring 2018 - 28
Seaports Magazine - Spring 2018 - 29
Seaports Magazine - Spring 2018 - 30
Seaports Magazine - Spring 2018 - Water Resources System Integral to Competitiveness of US Economy and Security
Seaports Magazine - Spring 2018 - Port-Based Welfare Provision: It’s About Collaboration
Seaports Magazine - Spring 2018 - 33
Seaports Magazine - Spring 2018 - Index of Advertisers
Seaports Magazine - Spring 2018 - cover3
Seaports Magazine - Spring 2018 - cover4
Seaports Magazine - Spring 2018 - divider1
Seaports Magazine - Spring 2018 - divider2
Seaports Magazine - Spring 2018 - 40
Seaports Magazine - Spring 2018 - 41
Seaports Magazine - Spring 2018 - 42
Seaports Magazine - Spring 2018 - 43
Seaports Magazine - Spring 2018 - 44
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Seaports Magazine - Spring 2018 - 49
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