Virginia Port Authority begins work on terminal expansion
Date: Thursday, February 16, 2017
Source: American Shipper
The Virginia Port Authority (VPA) said work has commenced on a $320 million expansion project at the Virginia International Gateway (VIG) container terminal in Portsmouth, which will nearly double the terminal's annual cargo handling capability.
The project is the first of two large-scale expansion projects that, together with a project at Norfolk International Terminals (NIT), will increase the port’s overall annual container handling capacity by 40 percent, or 1 million container lifts by 2020.
“This is an important day in the history of the Port of Virginia; it is an important milestone in our effort to increase sustainability and to prepare this port for what is to come,” VPA CEO and Executive Director John F. Reinhart said. “We are adding capacity now so we can handle the cargo that will be coming to us in the very near future. The big ships are here - more are on the way - and they are carrying significant amounts of containers and Virginia will be ready to accommodate that volume.”
This morning, survey crews began the preparatory work to expand the rail/container stacking yard at VIG. From a wider perspective, today’s work signals the start of the effort to double the existing container capacity at VIG. The overall project includes expanding the container stacking yard, doubling the on-dock rail operation and expanding the truck gate.
The cost of the work will be shared by Alinda Capital Partners and the Universities Superannuation Scheme (USS), the owners of VIG.
“The Port of Virginia is investing for the long-term and we will be able to service the vessels of any ocean carrier here at what will be one of the most modern and efficient container terminals in North America for decades to come,” said Virginia Gov. Terry R. McAuliffe.
The wharf work will create new berth space, which will be used to handle larger containerships
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