Port of Virginia

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:

16 Sep 2014
The Port of Virginia made strides toward financial stability in August, on the back of volume growth that topped 8 percent.
APM Terminals, Port of Virginia
22 Jul 2014
An infrastructure investment group and a British pension fund have agreed to acquire APM Terminals’ semi-automated container terminal at the Port of Virginia for an undisclosed price.
11 Jul 2014
Container volume through the Port of Virginia rose 6.5 percent as the port handled more than 2.3 million 20-foot-equivalent units, a new record, during its just-ended fiscal year.
04 Jul 2014
Hurricane Arthur appears to have had little impact on the U.S.
03 Jul 2014
U.S. surface transportation providers, ranging from railroads to trucking companies, are preparing for the approaching Hurricane Arthur.
02 Jul 2014
A tropical storm moving up the U.S. East Coast threatens to complicate cargo movement by disrupting vessel schedules at ports already facing a July 4 holiday interruption.
23 Jun 2014
The Port of Virginia has launched its Navis N4 terminal operating system at Norfolk International Terminals two weeks ahead of the scheduled July 4 start date.
16 Jun 2014
The Port of Virginia handled 204,232 TEUs in May, up 6.7 percent year-over-year, marking the third-best month in the port’s history for container traffic.
28 May 2014
U.S. ports outpaced their Canadian rivals on the east coast of North America during the first quarter, with solid growth at Savannah helping the U.S. Southeast surpass other regions.
20 May 2014
Robust April imports through several U.S. ports are at least partly related to initial effects of shippers accelerating import shipments to avoid potential disruption at West Coast ports tied to longshore labor negotiations.
13 May 2014
John Reinhart wears nice suits, but not on Saturdays. That’s when the Virginia Port Authority’s CEO dons casual garb and roams the port’s container terminals.
24 Apr 2014
The Port of Virginia has set a schedule for an appointment system aimed at improving truck turn times at Norfolk International Terminals.