• 2017 January 12 13:02

    Port of Virginia container volume up to 2.65 Million TEUs in 2016

    The Port of Virginia® set a new annual record for container cargo volume having handled more than 2.65 million twenty-foot equivalent units, or TEUs, a 4.2 percent increase over last year’s total, the company said in its press release.

    In 2016, import and export volumes were up 6 percent and 2.6 percent, respectively, over the prior year. The port saw increases in TEUs, rail volume and total volume at Virginia Inland Port, the port’s growing intermodal ramp located in Front Royal. Further, Richmond Marine Terminal (RMT) had its most productive year since The Port of Virginia began leasing the facility in 2010.

    “In 2016, we moved 106,000 more TEUs than we did in 2015, which until now, was our highest volume year on record,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “The growth is significant – 8,800 TEUs a month, on average – and we have responded with improved throughput in all facets of the operation, especially rail, where volume was 551,496 containers, an increase of 14 percent when compared with 2015. This record rail result placed The Port of Virginia as the highest rail-volume port on the East Coast, truly solidifying our position as the Mid-Atlantic’s global gateway.”

    The fourth quarter of 2016 was the best in the port’s history: there were double-digit increases in volume and the port increased its market share of East Coast cargo volume from 12.9 percent to 14.5 percent. The port was an influencing force in the announcement of 41 economic development announcements throughout the Commonwealth. Additionally, the National Retail Federation’s November figures show that Virginia’s import volume is growing faster than any US port.

    The calendar year was completed with December’s TEU volumes of 229,624 TEUs, making it the eleventh consecutive month of TEU volumes exceeding 210,000 units. Also in December, rail volume was up 15 percent; total barge volume up 32 percent; RMT volume up 55 percent; and motor-carrier volume up nearly 16 percent.




2017 February 23

19:37 Global bunker market: No firm trend in bunker prices next week, expert says
13:19 Hapag-Lloyd announces FAK rates from Far East Westbound Middle East to Europe North Continent and Mediterranean
13:17 Mitsui Engineering & Shipbuilding delivers a 60,000 dwt type bulk carrier to ARIST MARITIME
13:16 IBIA raises awareness of sulphur compliance verification challenges at IMO
13:13 Fincantieri, CSSC and Carnival Corporation sign MOU for 2 cruise ships with an option for additional 4
13:07 Damen Shiprepair & Conversion announces a reorganisation at three Dutch yards

2017 February 22

19:11 Moody's changes the outlook on Sovcomflot from negative to stable
18:36 JV of Port of London Authority and Peel Ports London Medway buys new pilot boat
18:15 Ban of M/V "BEAM” with IMO number 8408258 has been lifted
18:07 Port of Brisbane hosts two mega cruise ships
17:55 Port of Ipswich receives 743 ships in 2016
17:36 ZIM to add a second Asia-Pacific North West service
17:05 CMA CGM announces FAK rates from North Europe to East Mediterranean
17:01 Ningbo Zhoushan Port receives world’s largest vessel
17:00 Bahri Dry Bulk signs a joint venture agreement with Koninklijke Bunge B.V.
16:40 APM Terminals increases Port Elizabeth investment plans to USD $200 million in preparation for ultra large container ships
16:38 Van Oord partner in PortXL innovation platform
16:35 Konecranes wins order in Paraguay for BOXHUNTER RTGs
16:05 Eimskip starts calling Helsingborg in Sweden
15:49 Exercise on the liberation of the captured vessel held in Saint-Petersburg
15:41 Maersk Line’s Margrethe Maersk becomes the largest vessel to call Vietnam
15:23 Yuriy Orekhov appointed to the position of the Head of the RS Branch Office in Spain
15:18 DAMEN launches the latest 70-metre yacht support vessel with helicopter hangar
14:51 Gazprom Neft reports net profit growth of 82.5 % y-o-y for its FY 2016 financial results
14:35 Gazprom Neft to drill first prospecting and appraisal well at the Ayashsky licence block in the Sea of Okhotsk
14:12 DEME’s subsidiary GeoSea to design, manufacture and install turbine foundations for EnBW offshore wind farm Hohe See in Germany
13:40 Yevgeny Dmitrakov elected as new Director General of Commercial Seaport Vanino OJSC
13:12 Six further shipping lines to call at Wilhelmshaven
12:52 The number of modernised warehouses and buildings at the Port of Gdansk is increasing
12:31 Marseille Fos posts 2016 results
12:26 NOVATEK says its profit in 2016 increased by more than three-fold to RR 257.8 billion
12:22 ICS releases latest Flag State Performance Table
12:01 New Times Shipbuilding announces delivery of product oil and chemical tanker
11:41 Cargo transportation by Ukraine’s water transport in January 2017 fell by 33.9% to 0.1 mln t
11:30 ICS releases latest Flag State Performance Table
11:18 HII authenticates keel for destroyer Frank E. Petersen Jr. (DDG 121)
11:00 DP World Australia progresses to RFP for Port of Townsville Berth 4 upgrade
10:55 MEYER WERFT starts construction of the world's first LNG cruise liner for ADIA Cruises
10:38 DryShips re-enters the tanker market, acquires two modern tankers
10:23 ABS issues industry’s first cyber safety notation
10:12 NYK completes winter safety campaign
10:09 Brent Crude futures price up 0.42% to $56.9, Light Sweet Crude – up 0.35% to $54.52
09:55 Onezhsky shipyard (Karelia) launches workboat of Project ST23WI-M, Yevgeny Vasilyev, built for FSUE Rosmorport (photo)
09:34 Norwegian Minister of Foreign Affairs to visit Russia for first time in three years for ‘Arctic: Territory of Dialogue’ International Arctic Forum
09:15 Baltic Dry Index up to 778 points

2017 February 21

18:11 M/V “RINA” refused access to the Paris MoU region
17:20 'MOL Group Safety, Environmental and Social Report 2016' earns Award of Merit in Environmental Communication Awards
17:02 Kelvin Hughes to supply its SharpEye™ radar for Pakistan Navy submarine upgrades
16:20 Wan Hai Lines again tops the “Container Shipping Line of The Year - Far East Trade Lane” Award
15:41 Igor Ponomaryov appointed as Director General of Severnaya Verf shipyard
15:22 Forland Subsea enters into a time charter party with a major international contractor for the Lewek Inspector
14:51 Vyborg Shipyard to deliver second icebreaking support ship intended for Novy Port in May 2017
14:20 Port of London Authority to discuss 20 year growth plan for the Thames river
14:02 CMA CGM announces GRR from India to West Africa
13:41 Bunker prices go down in the Far East ports of Russia (graph)
13:10 New Times Shipbuilding holds naming ceremony for two oil tankers and announces delivery of cargo lake ship
12:55 Yamal major landing ship of RF Navy's Black Sea Fleet returned to Sevastopol from the Mediterranean Sea (photo)
12:39 IAA PortNews offers a photo release from the 4th International Forum of Dredging Companies
12:23 KCA Deutag secures platform drilling contract with Sakhalin Energy
12:10 Intermodal Asia to launch the Industry Leaders Strategy Summit in Shanghai on 21st – 22nd March 2017