Sign In
Free Newsletter
Rock and a hard place
The global shipping industry is currently juggling crises taking place more than 7,000 miles apart: Houthi rebels’ attacks on ships in the Red Sea, and a drought that has slashed ship crossings in the Panama Canal. And those came before the East Coast was hit with additional supply chain stresses following the collapse of Baltimore’s […]
Crisis in Baltimore
Since the March 26 container ship collision that collapsed the Francis Scott Key Bridge in Baltimore, ships previously bound for the Port of Baltimore have been diverted to other ports, including the Port of Virginia. The Singapore-flagged container vessel Dali hit the Key Bridge at about 1:30 a.m. March 26 after issuing a mayday following […]
Deep dive
The Port of Virginia has set the stage to offer the widest and deepest harbor on the East Coast by 2025, with the recent widening of Thimble Shoal Channel West allowing for two-way traffic for all vessels, including ultra-large container vessels (ULCVs). Completed in March, the shipping channel is now as much as 1,400 feet […]
Top Five May 2024
The top five most-read daily news stories on VirginiaBusiness.com from March 13 to April 12 were led by news that Altria would sell a large portion of its stake in Anheuser-Busch InBev. 1 | Altria plans to sell 35 million Anheuser-Busch InBev shares The Henrico County-based Fortune 500 tobacco manufacturer holds about 197 […]
Baltimore bridge collapse will drive ships to Port of Va.
After a container ship struck the Francis Scott Key Bridge in Baltimore early Tuesday, causing the bridge to collapse and possibly claiming multiple lives, ships bound for the Port of Baltimore will be diverted to other ports, primarily the Port of Virginia and the Port of New York and New Jersey. The Virginia Port Authority, […]
