The USA’s port of Virginia has reported a record-breaking year for cargo volumes, with breakbulk traffic also climbing.
It handled just under 3.7 million teu in fiscal year 2022 – up 14.7 percent year on year; 2021 was previously the gateway’s best-ever year. Breakbulk handling figures stood at 172,734 tonnes, up 103.7 percent over FY 2021.
Stephen A. Edwards, the port’s ceo and executive director, said: “We processed a lot of cargo while making significant progress in other areas. We are moving forward on our USD1.4 billion capital investment package that includes expanding rail capacity, widening and deepening our channels to at least 55 ft (16.7 m) deep and modernising the North Berth at Norfolk International Terminals.
“In addition, we are opening up new markets for cargo owners and shippers through reworked vessel services that are offering direct Asia-to-Virginia connections. And we are building the reputation as an East Coast alternative to ports that are having to address congestion issues.”