Skip to content
Search AI Powered

Latest Stories

newsworthy

Port of Virginia launches dredging project to attract ultra-large container vessels

Set for completion by 2024, $350 million project will make site the deepest cargo port on the U.S. East Coast, leaders say.

Port of Virginia launches dredging project to attract ultra-large container vessels

The Port of Virginia has launched a dredging project that is intended to make it the deepest cargo port on the U.S. East Coast and to offer improved infrastructure to the ever-larger container ships handling imports and exports.

Dredges took to the water on Dec. 1 to begin digging, commencing the $78 million first phase of a plan to deepen the waters to 55 feet, the port said Monday.


The deepening effort got underway in 2015 when the U.S. Army Corps of Engineers and the port agreed to share the cost of evaluating the benefits of dredging the Norfolk Harbor to a depth beyond 50 feet. The total cost of the project, including the preliminary engineering and design work, is forecast at $350 million.

The work that started Sunday will deepen the western side of Thimble Shoal Channel, which leads into the Norfolk Harbor, to 56 feet. When dredging is complete in 2024, the commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two ultra-large container vessels at once.

The dredging project takes place as many ports race to accommodate the deeper vessel drafts enabled by the 2016 expansion of the Panama Canal.

While previous "Panamax" containerships could be accommodated by a 35-foot channel, more recent designs carry many more shipping containers. Ships carrying more than 5,000 twenty-foot equivalent units (TEUs) require a depth of 42 feet, and those holding above 10,000 TEUs require a depth of 50 feet, according to "The Geography of Transport Systems," a book by Jean-Paul Rodrigue, professor of geography at Hofstra University.

Channel depth limitations at east coast ports currently top out at Halifax's 55 feet, and 50 feet at Baltimore, Hampton Roads, and New York, the book says. Other sources list additional east coast ports with depths of 50 feet including: the Port of Miami, Norfolk International Terminals, Port Newark's Elizabeth Marine Terminal, and Port Jersey.

"This project, combined with all of the investments we are making at our terminals, tells the ocean carriers 'we are ready for your big ships'," John F. Reinhart, the Virginia Port Authority's CEO and executive director, said in a release."The container ships are getting bigger and require more water depth to safely operate and we are committed to working with our customers to meet their needs today, tomorrow and decades from now."

Virginia expects to gain a "significant competitive advantage" by granting the safe, two-way flow of ultra-large container vessels, unrestricted by tide or channel width, Reinhart said.

"The cargo flowing across our terminals is valuable to its owners and the Virginia economy, so we are investing in those systems that ensure the efficient, reliable and safe movement of cargo and ships to and from our port," Reinhart said. "We are positioning ourselves to be East Coast's premier trade gateway. Deep, wide channels will support many Virginia businesses and fuel cargo growth, job creation and economic investment across the Commonwealth. "

Editor's note: This article was revised on Dec. 3 to add information about comparitive port depths.

The Latest

More Stories

Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

Keep ReadingShow less

Featured

aerial photo of port of miami

East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

Keep ReadingShow less
drawing of warehouse for digital twin

Kion Group teams with Accenture and Nvidia to design intelligent warehouses

German lift truck giant Kion Group will work with the consulting firm Accenture to optimize supply chain operations using advanced AI and simulation technologies provided by microchip powerhouse Nvidia, the companies said Tuesday.

The three companies say the deal will allow clients to both define ideal set-ups for new warehouses and to continuously enhance existing facilities with Mega, an Nvidia Omniverse blueprint for large-scale industrial digital twins. The strategy includes a digital twin powered by physical AI – AI models that embody principles and qualities of the physical world – to improve the performance of intelligent warehouses that operate with automated forklifts, smart cameras and automation and robotics solutions.

Keep ReadingShow less