Search results for: port-of-virginia

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  • 26 October 2018

    The Trump administration has approved the Port of Virginia’s Wider, Deeper, Safer project.

  • 11 January 2018
    Business & Finance

    The Port of Virginia set a new annual record for container cargo volume with 2.84 million TEUS in 2017.

  • 24 February 2015
    Business & Finance

    As forecast, the Port of Virginia in January posted an operating loss, the first one following six consecutive months of positive operating revenue reports. The operating result at the US East Coast port for January is a loss of USD 1 million, which is an improvement over the prior-year result of a USD 4.7 million operating loss, […]

  • 23 July 2015
    Business & Finance

    Governor Terry McAuliffe has announced that the Port of Virginia’s preliminary reports for fiscal year 2015 indicate that it will post its first yearly operating profit since 2008. The Port is forecast to turn a $16.1 million profit, which is a $31.5 million improvement in operating income compared with the prior fiscal year. Speaking at an […]

  • 13 January 2017
    Business & Finance

    The Port of Virginia has just announced that they had an exceptional 2016, filled with lots of activities and great accomplishments. The port set a new annual record for container cargo volume having handled more than 2.65 million twenty-foot equivalent units, or TEUs, a 4.2 percent increase over last year’s total, they said in its […]

  • 10 January 2019

    The Port of Virginia welcomed four new STS cranes – the latest step in the USD 320 million expansion project. 

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 4 July 2014
    Business & Finance

    The  Virginia Maritime Association (VMA) said it was closely monitoring the movement of Hurricane Arthur and was taking precautionary steps to prepare the terminals at the Port of Virginia for any eventuality.   Unlike Port of Wilmington and Port of Morehead City, that closed for traffic and were bracing for impact yesterday, the Virgina Port […]

  • 22 August 2017
    Business & Finance

    The Port of Virginia has signed a contract allowing for the purchase of four new ship-to-shore cranes that are part of the USD 320 million expansion of Virginia International Gateway (VIG). In its July meeting, the Virginia Port Authority Board of Commissioners approved a spending package of USD 44.8 million that covers the cost of […]

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 3 July 2019

    Port of Virginia has become the first port in the United States of America to join LNG bunkering coalition SEALNG.

  • 15 January 2019
    Business & Finance

    Port of Virginia delivered record container cargo volume with 2.85 million TEUs handled in 2018.

  • 16 June 2015
    Business & Finance

    Leaders from the Port of Virginia and the U.S. Army Corps of Engineers, Norfolk District, have signed the Feasibility Cost Share Agreement (FCSA) for the Norfolk Harbor and Southern Branch deepening projects. The Corps was represented by Col. Paul B. Olsen, Norfolk District Engineer, and the Virginia Port Authority (VPA) by John Reinhart, CEO and executive director. […]

  • 26 October 2018
    Business & Finance

    The Port of Virginia’s Wider, Deeper, Safer project to deepen and widen the Norfolk Harbor’s commercial shipping channels has secured full federal authorization with this week’s approval by the President of the America’s Water Infrastructure Act of 2018. “The project’s inclusion in the bill clears the path for The Port of Virginia to become the […]

  • 24 July 2019

    The 800-foot extension allows the terminal to service as many as three ULCVs simultaneously.

  • 18 October 2019

    The works to make the Port of Virginia the deepest port on the US East Coast are set to begin in January 2020.

  • 10 August 2016

    US Port of Virginia plans to extend its gate hours at Virginia International Gateway (VIG) from August 15 until the week ending November 4, 2016, due to the increased seasonal cargo volumes expected to arrive over the next few months. Gate hours at VIG will be extended on Monday and Tuesday each week, until 11:00 p.m. (inbound portal […]

  • 9 January 2017

    Following the passage of Winter Storm Helena, the US Coast Guard (USCG), Captain of the Port (COTP), has fully reopened the Port of Virginia to commercial vessel traffic.  After the winter storm exited the Mid-Atlantic and Hampton Roads Regions, the USCG lifted the restrictions on January 8, 2017. “The port is back open without restrictions. […]

  • 26 March 2014
    Business & Finance

    The Port of Virginia and many of its users stand to benefit from a modification to the regional foreign trade zone that streamlines process for companies applying for FTZ status. “This is a very real tool that can be used to attract business to The Port of Virginia, Hampton Roads and the Commonwealth,” said John […]

  • 18 November 2016

    US Port of Virginia handled a total of 238,567 TEUs in October, making it the single-busiest month in the port’s history despite the challenges presented by Hurricane Matthew. The port recorded a 2.2 percent increase in its TEU volumes this October, compared to 233,466 TEUs seen in the same month last year. In comparison with […]

  • 1 June 2017
    Business & Finance

    The Port of Virginia has approved $1 million in grant awards to eight Virginia localities to upgrade their local ports and waterfront parks, repair and maintain local maritime assets and  spur waterfront development. “Localities throughout the Commonwealth can apply for funding through The Port of Virginia’s Aid to Local Ports Program. The budget for the […]

  • 3 July 2019
    Business & Finance, Rules & Regulation

    Port of Virginia became the first port in the United States to join SEALNG’s growing roster of 36 members.