Port of Virginia

Established in 1952, the Virginia Port Authority owns and is responsible for the operations of the Port of Virginia — three marine terminals: Norfolk International Terminals, Portsmouth Marine Terminal and Newport News Marine Terminal, as well as the Virginia Inland Port, an inland intermodal facility located in Front Royal. Subsidiary Virginia International Terminals was incorporated in 1981 to operate the terminals owned by VPA.

Virginia’s ports came in No. 6 in JOC’s ranking of the Top 25 North American container ports for 2012, with a market share of 4.3 percent, as they benefited from double-digit growth in container volumes. The Port of Virginia hopes to benefit from its ability to handle post-Panamax vessels — one of just two ports on the U.S. East Coast that can do so at present.

VPA and VIT are in the midst of a restructuring after the VPA’s board of commissioners rejected proposals to privatize operations at its container terminals. Development is also continuing apace, with a new container terminal at Craney Island, near Portsmouth, under construction.

In a recent video, JOC Associate Editor Mark Szakonyi discusses what the Port of Virginia is doing to enhance its competitive position:

 
17 Jun 2013
The Virginia Port Authority has chosen Boyden to help find its new CEO.
container stacks at Port of Virginia
 
13 Jun 2013
The Port of Virginia handled 191,368 20-foot-equivalent units in May, rising 7.2 percent or 12,784 units from May 2012.
 
11 Jun 2013
U.S. East Coast ports experienced widely varying impacts from the months-long threat of labor strife that began last year with the breakdown of talks for a new International Longshoremen’s Association contract.
 
04 Jun 2013
The Port of Virginia plans to halt work for four hours June 12 for a meeting to allow employers to make their case for gradually reducing the size of some container-handling gangs in the local International Longshoremen’s Association contract.
 
29 May 2013
The Virginia Port Authority’s board of commissioners has approved a long-term restructuring plan for the authority and its terminal operating company, Virginia International Terminals.
 
24 May 2013
Hanjin Shipping’s Busan container terminal and the turnaround times it affords are enough to make eyes water.
Port of Virginia
 
20 May 2013
The Port of Virginia is aiming to boost container traffic by capitalizing on its post-Panamax draft, tapping improved intermodal service, increasing customer service and developing distribution centers.
 
15 May 2013
The Senate authorized the federal government to convey the eastward expansion of Craney Island to the Virginia Port Autho
 
14 May 2013
The Port of Virginia handled 179,370 20-foot-equivalent units in April, rising 5.7 percent or 9,726 TEUs from April 2012.
APM Terminals, Port of Virginia
 
14 May 2013
It’s been a rocky several years for the Port of Virginia, but the waves — including a leadership shake-up and unsolicited privatization bids — appear to have calmed. Now, the Virginia Port Authority and its arm, the Virginia International Terminals, can focus on a restructuring aimed at improving port customer service and better capitalizing on the port being one of two U.S. East Coast ports ready to handle post-Panamax ships, port leadership says.
The VPA's Russell J. Held (left) and Port of Ningbo's Chang Boaping signed the memorandum of understanding this week. Virginia Gov. Bob McDonnell (standing row, fourth from left) helped facilitate the agreement.
 
02 May 2013
The Virginia Port Authority and China’s Ningbo Municipal Port Administration signed a memorandum of understanding this week to promote the all-water route between the two ports.
Port of Virginia's import TEUs rose 13.1 percent year-over-year in March.
 
15 Apr 2013
The Port of Virginia handled 179,518 20-foot-equivalent units in March, increasing 12,799 units, or 7.7 percent, compared with March 2012.