• 2017 December 8 12:01

    Port of Virginia posts results for Nov 2017

    The Port of Virginia in November moved 240,570 twenty-foot equivalent units (TEUs), handled nearly 20,000 tons of breakbulk (non-containerized) cargo and processed more than 6,500 new import cars, the company said in its press release.

    “Our TEU volume was modest, up nearly two percent, we showed slight container growth at Virginia Inland Port and our efforts to diversify our cargo mix with non-containerized cargo are showing promise – November was the fourth consecutive month of growth in import autos for us,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority (VPA). “Though we are still processing peak-season volume, we are beginning to see a tapering-off trend, as anticipated.

    “The work at Virginia International Gateway continues in earnest — the first bundle of RMGs (rail-mounted gantry cranes) will arrive in January — and the pace of work at Norfolk International Terminals (NIT) is going to pick-up significantly in January. Our focus is managing these two projects while staying safe and maintaining our service and efficiency levels. This will add cost while we manage through the expansion and we are prepared for that eventuality.”

    On a calendar year basis, TEU volumes are 7.3 percent ahead of last year; containers, up 7.6 percent; trucks, up 9.5 percent; rail, up 3.3 percent; and barge volume, up nearly 25 percent.

    “There are several positive things happening that are going to help build business and drive efficiency,” Reinhart said. “We are preparing to put into service on the Richmond Express (barge) a 40-plug mobile power unit that will serve owners and shippers of refrigerated cargo to Richmond Marine Terminal. Further, VDOT is nearing completion of the I-564 Intermodal Connector and this ramp will give motor carriers using the NIT North Gate unimpeded interstate access. Finally, our wider, deeper, safer effort to deepen Norfolk Harbor and the channels to 55-feet continues to move forward in a positive direction.”

    November Cargo Snapshot
     Loaded Export TEUs – 87,695, down 6.9%
     Loaded Import TEUs – 110,673, up 8.7%
     Containers – 135,469, up 1.7%
     Virginia Inland Port Containers – 2,667, up .8%
     Truck Containers – 83,488, up 4.9%
     Rail Containers – 47,816 down 3.1%
     Total Barge Containers – 4,165, down 2.6%
     Richmond Barge Containers – 2,363, up 1.5%
     Vehicle Units – 6,584, up 170.6%

    The Virginia Port Authority (VPA) is a political subdivision of the Commonwealth of Virginia. The VPA owns and through its private operating subsidiary, Virginia International Terminals, LLC (VIT), operates four general cargo facilities Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal and the Virginia Inland Port in Warren County. The VPA leases Virginia International Gateway and Richmond Marine Terminal. In fiscal year 2013, The Port of Virginia provided more than 374,000 jobs and generated $60.3 billion in total economic impact throughout the Commonwealth.




2018 July 18

17:36 DP World announces closing of Continental Warehousing Corporation (India) transaction
17:12 Marine Technics to participate in International Far East Maritime Show-2018
16:44 Oleg Bukin elected as Chairman of Tuapse Commercial Seaport BoD
16:23 Transocean and Chevron Australia ink 11-well contract
15:45 Stena Bulk positions itself in crude oil
15:19 Transocean announces 13-well contract for Transocean 712
14:57 AGCS issued Safety & Shipping Review 2018
14:43 Scandlines Helsingborg-Helsingör kicks off the holiday traffic season without delay
14:18 Intermarine UK promotes Portland Port to Government minister
14:00 Szczecin to become the capital of Baltic seaports in September
13:31 OHT to order ULSTEIN-designed heavy lift transport and installation vessel
12:59 Ports of Szczecin and Świnoujście announce 12-pct increase of cargo handling in HI’18
12:22 Dorian LPG confirms receipt of director nominations from BW LPG
11:50 Throughput of Ukraine’s seaports in HI’18 fell by 3.1% Y-o-Y to 53.8 million tonnes
11:25 TTS Colibri 3D compensated crane passes FAT
11:03 Overseas Shipholding Group places order for cemical tanker duo with Hyundai Mipo Dockyard
10:41 Yaroslavsky Shipbuilding Plant launches Svetlyak-class patrol boat Balaklava
10:32 Brent Crude futures price down 0.35% to $71.91, Light Sweet Crude – down 0.36% to $66.92
10:16 ICS encouraged by IMO progress on 2020 global sulphur cap implementation issues
09:59 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:40 Throughput of Russian seaports in 6M’18 grew by 2.8% Y-o-Y to 394.8 million tonnes (detalization)
09:16 Baltic Dry Index up to 1,721 points

2018 July 17

18:24 North P&I Club and 24Vision ink partnership agreement
18:07 Lockheed Martin awarded Navy's contract worth more than $450 million in FMS funding for MMSC project
17:55 TransContainer announced its operating results for the second quarter and the first half of 2018
17:27 Equinor buys shares for use in the group's Share saving plan
17:11 Vigor Marine LLC gets Navy's contract for USNS Mercy mid-term availability
16:56 Okskaya Sudoverf puts into operation Belmax 4, fourth non-self-propelled barge of Project ROB20
16:34 Prosafe awarded important contract in Brazil
15:47 Orsted opts for Tekmar's CPS for Borssele 1 and 2 offshore wind farm projects
15:28 Port of Rotterdam places a bee colony in the port area
14:44 Baltic Ports Conference 2018 will focus on financing, economy and energy supply
14:23 Jan De Nul launches ultra-low emission vessel Diogo Cão in China
13:41 Severnaya Verf will lay down a longline factory vessel Gandvik-1 on July 20
13:16 Tidewater and GulfMark to combine to create global offshore leader
12:48 Containership MOL Truth earned 'Ship of the Year 2017'
12:19 15,000 TEU container ship “Afif” named in London Gateway
11:27 Huntington Ingalls begins post-delivery work on USS Gerald R. Ford (CVN 78)
11:17 Boskalis secures contract of total value of $65 million
10:53 Fuel oil prices are flat at the Far East ports of Russia (graph)
10:29 ABS to class FSRU for Turkey’s oil and gas distributor
10:00 Brent Crude futures price up 0.28% to $72.04, Light Sweet Crude – down 0.01% to $67.06
09:14 Baltic Dry Index up to 1,695 points

2018 July 16

18:31 APL adds port calls to West Asia Express Service
18:16 Diana Shipping announces signing and drawdown of a US$75M Term Loan Facility with BNP Paribas
17:55 Director Kopczynska addresses WMU students and faculty on maritime Europe
17:40 Great Lakes announces receipt of $70 million San Jacinto award
17:33 Bollinger Shipyards commits USCG icebreaker program to Florida
17:31 New vehicle terminal announced at the Port of Southampton
17:18 Hapag-Lloyd hikes rates for East Asia-Arabian Gulf trade
17:08 ING Bank signed a USD 80 million syndicated loan agreement with NIBULON
16:43 Minimum training standards for fishers under review
16:25 USCG rescues 7 people from capsized boat near Horn Island
16:20 Port of Antwerp sets new records with best half year ever
15:56 Freeport of Riga showed good growth in the first half of 2018
15:32 Maersk Drilling secures two contract extensions in the North Sea
15:19 Container throughput of port Hong Kong (China) down 3.6% to 9.88 million TEUs in Jan-June’18
15:03 Van Oord will acquire MPI Offshore
14:44 Average wholesale prices for М-100 HFO down to RUB 17,589 in RF spot market
14:35 Wärtsilä to assist Transocean with thruster maintenance optimisation and dry-docking cost reductions