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:

19 May 2016
Container lines and U.S. ports have asked the U.S. maritime regulator for permission to get together to craft a common strategy for dealing with SOLAS.
05 Aug 2015
Eight ports on the U.S. East Coast made substantial gains in import market share in the first six months of 2015. A booming import market, West Coast diversions tied to the recent labor crisis, and port investments helped East and Gulf Coast ports edge out all but one of their West Coast counterparts.
24 Jul 2015
State and federal officials in Virginia broke ground on two major projects this week aimed at relieving congestion at the state port after delays hit near-unprecedented levels earlier this year.
01 Jul 2015
The Port of Virginia’s two main container terminals will operate on Sunday, a day after they are closed on Saturday for the July 4 holiday.
16 Jun 2015
The Port of Virginia and U.S. Army Corps of Engineers have signed an agreement to share the cost to study the feasibility of deepening Hampton Roads port channels to as much as 55 feet.
12 Jun 2015
Just two months after the Port of Virginia’s container volumes broke their all-time high, they did it again — the latest sign that cargo diversions from a still-recovering U.S. West Coast may have more staying power than originally imagined.