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Skanska wins $223M contract for offshore wind farm prep
New York-based Skanska USA won the $223 million contract to redevelop the 72 acres of the Portsmouth Marine Terminal that Dominion Energy Inc. will use as a staging area for its $9.8 billion Coastal Virginia Offshore Wind project. The company announced the award on Tuesday. The CVOW calls for the construction of 176 wind turbine[...]
Port of Va. partnering with Norfolk Southern
The Port of Virginia is part of a new partnership with Norfolk Southern Corp., Hapag-Lloyd and Union Pacific Railroad. The partners will provide expedited train shipping from the East Coast to the western U.S., Norfolk Southern announced last week. The partnership, called OceaNS Bridge Express, will start at the Port of Virginia[...]
Colonna’s Shipyard promotes three execs
Norfolk-based Colonna’s Shipyard Inc. announced Monday it had promoted three executives to senior management positions, effective in July. CSI has promoted Jordan Webb from vice president of contracts to vice president of shipyard operations; Randall Crutchfield from chief experience officer and executive director of Steel[...]
Port, Army Corps formalize dredging cost-share agreement
The Port of Virginia and the U.S. Army Corps of Engineers signed an agreement Friday that formalized their collaboration on the Norfolk Harbor dredging project to deliver the East Coast’s widest and deepest channels by 2024. The Army Corps also will use federal funding to award its first construction contract for the proje[...]
Lambert’s Point Docks in Norfolk to become $100M maritime center
In a deal predicted to bring more than 500 jobs and over $100 million in capital investment, the Lambert’s Point Docks property in Norfolk will become a maritime operations and logistics center to support local offshore wind, defense and transportation industries. The land, owned by Norfolk Southern Railway Co., has been l[...]
CV International subsidiary acquires Ga. shipping company
Norfolk-based CV International Inc. subsidiary Capes Shipping Agencies announced Wednesday that it had acquired Savannah, Georgia-based Ryan Ship Services LLC. Financial terms of the transaction were not disclosed. “This merger will be a great fit for both of our companies, and the timing was perfect,” CVI President and CEO [...]
Setting a course
Each week, MDV SpartanNash LLC, the nation’s leading supplier for overseas U.S. military commissaries and exchanges, loads 100 to 200 containers filled with everything from peanut butter to clothing aboard steamships bound for Europe, Africa, Bahrain, Kuwait and Honduras, as well as Puerto Rico and Guantanamo Bay. “In pl[...]
Port of Virginia
In fiscal 2021, the Port of Virginia set cargo records, generating more than $100.1 billion in ancillary economic impact, according to a report from William & Mary’s Raymond A. Mason School of Business in conjunction with Glen Allen-based Mangum Economics. The six-terminal system generated 436,667 jobs, $47.4 billion in Virginia gross state product, $27.2 billion […]
Next stop — civilian life
“About every 15 minutes,” Shawn Avery’s phone at the Hampton Roads Workforce Council rings with an employer calling to find skilled workers to fill vacancies, he says. Avery is president and CEO of the council, which oversees federally funded workforce development programs and links employers and workers. In the pr[...]
Forward motion
Shenandoah is known for apple blossoms, but something else is popping up this spring in Front Royal: a new 340,000-square-foot warehouse logistics center. About a half-mile from the Virginia Inland Port, the center is one of roughly a dozen projects in the region built by Equus Capital Partners Ltd., a commercial real estate age[...]
Commentary: Adjusting to a new shipping reality
Ocean shipping patterns established during the first year of the pandemic have taken root, and it’s time for shippers to adjust strategies for the long term. That was the takeaway from the first in-person Trans-Pacific Maritime (TPM) Conference in three years, presented in Long Beach, California, in March by IHS Markit Ltd[...]
Executive insights
Leaders from Virginia’s maritime and logistics industries share their thoughts about where their sectors stand amid labor shortages, growing cargo volumes and the pandemic’s lingering impacts. Devon C. Anders President, InterChange Group Inc.; Chair, Virginia Maritime Association Valley Logistics Chapter Harrisonburg VB: How is your company hiring and retaining staff? Anders: We have intensified through […][...]
