Search results for: Virginia Port Authority

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  • 24 July 2018
    Business & Finance

    The heavy-load vessel Happy Buccaneer was on berth yesterday at Norfolk International  Terminals (NIT) with the first group of six rail-mounted gantry cranes (RMGs) that are the  centerpieces of the $375 million capacity expansion project, the Virginia Port Authority (VPA) said in its latest release. The Happy Buccaneer’s arrival signals the start of an 18-month […]

  • 15 September 2015
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers and the Virginia Port Authority announced the initiation of the Norfolk Harbor and Channels Deepening Project General Reevaluation Study on September 12. The Corps and its project partner, VPA, are now inviting the public to attend a National Environmental Policy Act, or NEPA, scoping meeting on September 24, from […]

  • 9 June 2016
    Business & Finance

    The Virginia Port Authority Board in Norfolk has awarded Middlesex County a $118,000 grant for dredging the mouth and channel leading into Jackson Creek in Deltaville, according to the Southside Sentinel. Commenting this, Middlesex County Administrator, Matt Walker, said that the grant is going to cover most of the cost of dredging. “We were up […]

  • 3 December 2019
    Business & Finance, Project & Tenders

    A dredging project that will make the Port of Virginia the deepest port on the U.S. East Coast is now underway, according to the port officials. Following the finalization of the contract, the project’s initial phase started Sunday, reported the Virginia Port Authority. “The container ships are getting bigger and require more water depth to […]

  • 29 January 2018
    Business & Finance

    The effort to make the Norfolk Harbor wider, deeper and safer took a significant step forward last Friday as the plan outlining the project’s national economic benefits was approved by U.S. Army Corps of Engineers to take its next step forward. “This is an infrastructure project that holds value for Virginia, the national economy and […]

  • 25 January 2019
    Business & Finance

    The U.S. Army Corps of Engineers and Virginia Port Authority are proceeding with design measures to expand Norfolk Harbor’s shipping channels, which will improve navigation and energize the national, state and local economy. The “Wider, Deeper, Safer” dredging project will deepen the Inner Harbor channels to 55 feet, Chesapeake Bay’s Thimble Shoal Channel to 56 […]

  • 26 October 2018
    Business & Finance

    The Port of Virginia’s Wider, Deeper, Safer project to deepen and widen the Norfolk Harbor’s commercial shipping channels has secured full federal authorization with this week’s approval by the President of the America’s Water Infrastructure Act of 2018. “The project’s inclusion in the bill clears the path for The Port of Virginia to become the […]

  • 12 April 2010

    GALVESTON — A year ago, something happened at the Virginia Port Authority that sent ripples across waterfronts everywhere… [mappress] Source:galvestondailynews,April 12,2010;

  • 26 June 2010
    Business & Finance

    APM Terminals, the independent port operating division of the A.P. Moller Maersk Group, and the Virginia Port Authority today each… [mappress] Source: apmterminals, June 26, 2010

  • 22 April 2010

    State officials are proposing the financially troubled Port of Richmond become part of the Virginia Port Authority, a move that could significantly reduce freight traffic on highways and save millions in road construction along Interstate 64… [mappress] Source:styleweekly,April 22,2010;

  • 23 September 2011

    Virginia Port Authority’s top-to-bottom shake-up will leave no stone unturned in its quest to make the port more competitive on the US East Coast (portstrategy) [mappress] Source: portstrategy, September 23, 2011

  • 10 October 2019
    Business & Finance

    The Port of Virginia processed more than 241,416 TEUs (twenty-foot equivalent units) in September 2019 – an increase of more than 9 percent vs. September 2018 – putting the port’s cargo volume growth for the first quarter of fiscal year 2020 at more than 4 percent. Commenting the latest news, John F. Reinhart, the CEO […]

  • 24 May 2019
    Business & Finance

    The Assistant Secretary of the Army for Civil Works, Mr. Ricky R.D. James, traveled to the U.S. Army Corps of Engineers’ Norfolk District recently to meet with Virginia Port Authority leaders.  During the visit, the Assistant Secretary James said: “Norfolk District is preparing to ‘Move Dirt’ in Norfolk Harbor and start dredging to allow for […]

  • 10 June 2019
    Business & Finance

    The opening of the newly dredged channel in Neabsco Creek was recently made official with a ribbon cutting ceremony held on a pontoon boat on the creek waters leading to the Potomac River. About a year ago, the U.S. Coast Guard closed the channel to boat traffic because silt and sediment in the channel made […]

  • 8 January 2020
    Business & Finance

    The Virginia Port Authority (VPA) has just announced that the company will host applicants for the Waterway Maintenance Fund program on Tuesday, February 11, 2020. As reported, applicants are invited to attend this meeting to present new project requests or to provide updates to the community on existing dredging projects. In May 2018, the Virginia […]

  • 16 June 2015
    Business & Finance

    Leaders from the Port of Virginia and the U.S. Army Corps of Engineers, Norfolk District, have signed the Feasibility Cost Share Agreement (FCSA) for the Norfolk Harbor and Southern Branch deepening projects. The Corps was represented by Col. Paul B. Olsen, Norfolk District Engineer, and the Virginia Port Authority (VPA) by John Reinhart, CEO and executive director. […]

  • 2 October 2020
    Business development

    A couple of weeks ago, the CMA CGM Brazil was brought alongside the berth at VIG during the course of her 24-hour stay in Virginia. At more than 1,200 feet long and nearly 170 feet wide, the containership is massive. Moreover, it is bigger than any containership to call The Port of Virginia or come to the U.S. […]

  • 26 September 2014
    Business & Finance, Equipment, Technology

    U.S. Vice President Joe Biden visited Norfolk Wednesday to promote a $15 million federal TIGER grant for the Virginia Port Authority. The grant would help the City’s infrastructure at Norfolk International Terminals, easing transportation, which, in turn, will create commerce and employment. “What most people don’t realize is that our economic maritime power is just […]

  • 9 November 2015
    Business & Finance

    Virginia’s congressional delegation is urging President Obama to support funding to expand the Port of Virginia. In a bipartisan letter signed by the delegation, the members urged the Administration to support funds for a project to expand the current dredge fill facility at Craney Island in Hampton Roads and allow for a marine terminal on […]

  • 24 May 2012

    APM Terminals of Portsmouth, Va., has submitted a proposal to the Commonwealth of Virginia for a strategic partnership with the Port of Virginia. APM Terminals is offering to be responsible for the operation of all Port of Virginia facilities in Hampton Roads and related inland locations. APM Terminals will bring efficient operations through global knowledge, […]

  • 22 September 2016
    Business & Finance

    Governor Terry R. McAuliffe on Wednesday announced that The Port of Virginia has signed a new, long-term lease for Virginia International Gateway (VIG) that clears the way for the port to begin work on doubling capacity at the deep-water container terminal. “This is an historic event for The Port of Virginia,” McAuliffe said. “This new […]

  • 1 June 2017
    Business & Finance

    The Port of Virginia has approved $1 million in grant awards to eight Virginia localities to upgrade their local ports and waterfront parks, repair and maintain local maritime assets and  spur waterfront development. “Localities throughout the Commonwealth can apply for funding through The Port of Virginia’s Aid to Local Ports Program. The budget for the […]

  • 23 July 2015
    Business & Finance

    Governor Terry McAuliffe has announced that the Port of Virginia’s preliminary reports for fiscal year 2015 indicate that it will post its first yearly operating profit since 2008. The Port is forecast to turn a $16.1 million profit, which is a $31.5 million improvement in operating income compared with the prior fiscal year. Speaking at an […]

  • 1 September 2014
    Business & Finance, Equipment, Technology

    Often referred to as the jewel of Hampton Roads, the Norfolk District put Craney Island Dredged Material Management Area on display through a partnership of port, state and corps officials for Sen. Tim Kaine last week. Kaine, who is on a two-week tour throughout Virginia, saw and heard firsthand how vital the facility’s continued use […]

  • 11 October 2019
    Business & Finance, Project & Tenders

    The Port of Virginia and Weeks Marine of Cranford, NJ, have signed a $78 million dredging contract to make this port the deepest one on the U.S. East Coast. According to the Virginia Port Authority (VPA), this is the contract for the first phase and the total cost of the project, including the preliminary engineering […]

  • 19 June 2012

    The Virginia Port Authority and the Norfolk District, U.S. Army Corps of Engineers recently signed an agreement reaffirming Craney Island’s Eastward Expansion project. Jerry Bridges, VPA executive director, and Col. Paul Olsen, Norfolk District commander, signed the Project Partnership Agreement for the Eastward Expansion, which formalized the federal/state partnership and cost-sharing agreement between the two […]