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Sailing for the horizon
Tariff wars and the COVID-19 pandemic delivered a one-two punch to the Port of Virginia, but officials are focusing on the positive as expansions are completed at the port’s two largest terminals, and a dredging project to make Virginia the East Coast’s deepest port is running ahead of schedule. The third-largest East Coast [...]
Ship repair company building $64.4M Newport News campus
S23 Holdings LLC, a maritime company focused on ship repair and manufacturing, plans to locate its corporate and industrial campus in Newport News, Gov. Ralph Northam announced Tuesday. The company, which includes among its affiliates East Coast Repair and Fabrication (ECR), will invest $64.4 million and is expected to create 332 jobs. ECR already has […]
Port expansion project nears finish line
The Port of Virginia announced Monday that the final group of stacking cranes needed to complete the $375 million crane addition portion of expansions at both the Norfolk International Terminals and Virginia International Gateway arrived May 14. The offloading process began the next day, Friday, May 15, and continued through the[...]
Virginia Port Authority CEO retiring next March
John F. Reinhart, CEO and executive director of the Virginia Port Authority, which oversees the Port of Virginia, announced at a board meeting Tuesday that he plans to retire in March 2021. “A lot of thought went into this decision, but when I consider the growth and maturity of this organization and the level of […]
Viral load
Like a canary in a coal mine, the Port of Virginia felt the impact of COVID-19 well before others in Virginia started to feel it. In February, the port saw a 9% drop in cargo compared with February 2019, a decrease attributed in part to the outbreak’s origins in China. In 2018, China was the […]
Executive profiles
We asked leaders in Virginia’s maritime and logistics industry for their thoughts on the Port of Virginia expansion and the impact of the COVID-19 pandemic on shipping. Click to expand photos. Interviews follow. VB: How will the Port of Virginia expansion impact Virginia’s economy? Adams: The Central Chapter encompasses the area around Richmond and is […]
In the big leagues
Virginia is strengthening its claim as a leading port on the East Coast. The Port of Virginia is midway through a $700 million project to expand its two largest terminals, which will allow the port to handle an additional 1 million container units per year. The $320 million expansion of Virginia International Gateway in [&h[...]
Inland empire
The Port of Virginia is investing in its two inland ports to boost capacity and maintain efficiency while handling greater volume from its Hampton Roads terminals. A record 2.93 million 20-foot equivalent units, or TEUs, passed through the Port of Virginia system in 2019, a 3% increase over 2018. “As we expand our primary term[...]
A watershed moment
Only a few months ago, the economies of the historic port city of Norfolk and the greater Hampton Roads region, with which it is inextricably intertwined, were continuing to rebound after emerging from what Old Dominion University’s 2019 State of the Region report has called “the lost decade.” During the period from 2007 t[...]
Digging deep
The Port of Virginia’s aim to become the deepest port on the East Coast continues apace, even during the COVID-19 outbreak. The $350 million project to dredge the Norfolk Harbor started more than two years early in December 2019. Meanwhile, the Virginia International Gateway (VIG) in Portsmouth and the Norfolk International Te[...]
Women on board
In early March, 18 women gathered for the first week of a pre-apprenticeship program designed to catapult them into in-demand careers in the ship repair industry. Run by the Hampton Roads Workforce Council, the 12-week, intensive Women in Skilled Careers (WISC) program offers training tracks in welding, marine coating, marine el[...]
A shining light
Welcome to the 2020 Virginia Maritime Guide! This annual publication is distributed to business readers statewide. It highlights the important contributions made by the maritime, distribution center and logistics industries to the economy of Virginia. It also serves as a valuable resource, including information on the companies [...]
