Port Of Virginia
Port Of Virginia News
New Tug Enters Service for McAllister Towing
McAllister Towing announced its new tug Jane McAllister has entered service as one of the most advanced and powerful shipdocking tractor tugs operating in the Port of Virginia.Recently delivered from East Boothbay, Maine shipbuilder Washburn & Doughty, the 6,770 horsepower vessel is equipped with 3516E Tier IV Caterpillar engines powering twin Schottel SRP 490 Z-drive units. The 93- by 38-foot tug…
Port of Virginia Secures Funding for Channel Deepening
The Port of Virginia and the US Army Corps of Engineers today signed the agreement committing the federal government to begin its financial investment in the construction effort to widen and deepen the commercial shipping channels and Norfolk Harbor.With a group of federal and state officials in attendance, Virginia Port Authority CEO Stephen A. Edwards and Col. Brian P. Hallberg, the US Army Corps of Engineers’ Norfolk District commander, signed the Project Partnership Agreement.
Port of Virginia Gets Final Funding for Channel Dredging
The recently approved federal work plan contains the final piece of funding for The Port of Virginia’s dredging project that will create the deepest and widest shipping channels on the U.S. East Coast by late 2024.The work plan, released last week by the U.S. Army Corps of Engineers, allocates funding from the Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) and contains $72 million for the dredging project.
Port of Virginia Providing Berth Space for Cruise Ships
The Port of Virginia said it has opened its doors to cruise ships idled by the coronavirus pandemic.Since the outbreak of the virus and the cruise industry’s voluntary suspension of U.S. operations, empty cruise ships have been seeking temporary berth opportunities at multiple ports, with Florida taking the greatest share of the vessels. For a cruise ship, it is more economical to idle at a port rather…
Virginia Port Signs Pact with Ørsted
Danish energy giant Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging…
Port of Virginia Posts Record July Volumes
July is Second Busiest Month in Port of Virginia’s History.The Port of Virginia in July processed 265,559 TEUs (twenty-foot equivalent units) in July, making it the second busiest month in the port’s history.The strong cargo performance was driven by an increase of more than 4 percent in loaded import containers, and a jump of nearly 18 percent in export empty containers, which are being repositioned across the globe to handle peak season cargo.“We are continuing to set volume records.
SHORTSEA CRANE OPERATIONS: Lifting a Port to Prosperity
A Liebherr LHM 420 Crane is at the heart of a rapidly expanding shortsea shipping success story. Reliability is the key for a port that’s turned the corner, with…
Port of Virginia Posts its Busiest May
Record cargo volumes are moving across The Port of Virginia and doing so with efficiency as a result of expanded container handling capacity at its two primary container terminals.In May, the port processed nearly 261,000 TEUs (twenty-foot equivalent units) making it the busiest May in the port’s history. The month’s strong cargo volumes were a follow-up to the best April in the port’s history, when nearly 246,000 TEUs were processed.May saw increases across almost all phases of the operation.
Port of Virginia Expansion Work is Underway at VIG
The Port of Virginia moved 220,376 twenty-foot equivalent units (TEUs) in February, 351 TEUs lower than February 2016, but placing its fiscal-year-to-date growth at 6.9 percent.
Port of Virginia to Close Ahead of Winter Storm
The U.S. Coast Guard said the Port of Virginia will close Friday at midnight in anticipation of Winter Storm Helena, which is expected to bring snow and wind which…
Port of Virginia Cargo Volumes Mount in July
The Port of Virginia handled 226,000 TEUs in July, the highest amount ever recorded for that monthly period in the port''s history. The Virginia Port Authority, which operates terminals in Portsmouth…
Study: Port of Virginia a Key Economic Driver
The Port of Virginia continues to be a significant economic force in the Commonwealth’s economy, according to an economic impact study conducted by The College of William & Mary. This fall, the port contracted with the college’s Raymond A. Mason School of Business to measure the economic impact the port had on the Commonwealth during fiscal 2013 (July 1, 2012 – June 20, 2013). The results of the 36…
ICE to Add Port of Virginia as Coffee Delivery Point in 2016
ICE Futures U.S. will add the Port of Virginia as a delivery point for the arabica coffee futures contract, effective with the September 2016 contract, the exchange said in a notice on Tuesday. An exchange spokeswoman declined to comment on the reason for the addition. There are currently no exchange certified coffee warehouses in Virginia. (Reporting by Marcy Nicholson; Editing by James Dalgleish)
