The Port of Virginia will close one of its terminals due to COVID-19’s impact on global trade.
Starting May 4, 2020, the port’s Portsmouth Marine Terminal will be closed and cargo volumes will be consolidated to other terminals.
“As an industry, we are faced with a record number of blank sailings, and idled containerships, due to the COVID-19 pandemic. We have witnessed a marked decline in current and forecasted volumes from our shippers and ocean carriers,” the port said in a statement.
The Portsmouth Marine Terminal encompasses 287 acres on the west bank of the Elizabeth River and has 3,540 feet of wharf, three berths, 6 Super Post-Panamax STS cranes, and is able to handle containers, break-bulk, and roll-on/roll-off cargo, according to the Port of Virginia website. Its container capacity is 437,500 TEU per year.
In 2019, the Port of Virginia handled a record 2.9 million TEU and 21.9 million tons of general cargo with over 1,500 vessel calls.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,924 members that receive our newsletter.
Have a news tip? Let us know.
CAIRO/DUBAI, April 24 (Reuters) – Houthi militants in Yemen have attacked what they said were two American ships and an Israeli vessel, the group’s military spokesman said on Wednesday, the first such...
One of the world’s leading shipbuilders, Hanwha Ocean of South Korea, is joining forces with New York-based Amogy to fast-track the implementation of Amogy’s zero-emission ammonia-to-power technology for ammonia-fueled vessels....
The Biden Administration has announced a first-of-its-kind national goal to transition the freight sector—including the marine sector—to zero emissions. By Jennifer A. Dlouhy (Bloomberg) — The Biden administration is laying out...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,924 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
