Sign In
Upcoming Event
Free Newsletter
The Port of Virginia at a glance
An overview of the commonwealth's ports and shipping
The Port of Virginia at a glance
An overview of the commonwealth's ports and shipping
In fiscal 2024, the Port of Virginia moved 3.5 million 20-foot equivalent units (or TEUs), its second highest number in history, just below 2022’s 3.7 million record. The six-terminal port hit a major milestone in March 2024, completing the widening of its channels up to 1,400 feet at the Norfolk International Terminals, and the deepening phase is expected to be complete late this year. However, the Port of Virginia and every other port on the East and Gulf coasts shut down cargo handling for three days in October 2024 during a strike by the International Longshoremen’s Association over wages and automation conflicts during contract negotiations. In March, ILA members confirmed a new six-year master contract that includes 62% higher pay over that period, costs that could impact Virginia’s port and others in the future. At the Portsmouth Marine Terminal, Dominion Energy has leased space to use as a staging area for its Coastal Virginia Offshore Wind farm, which is halfway complete 26 miles off the coast of Virginia Beach, and is expected to be finished in 2026.
t
