Port of Virginia

WELCOME

The Virginia Port Authority (VPA) is an autonomous agency (political subdivision) of the Commonwealth of Virginia that owns the Port of Virginia; a group of facilities with their activity centered on the harbor of Hampton Roads, Virginia.

The principal facilities of the Port of Virginia are four marine terminals and one intermodal container transfer facility: Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal, APM Terminals Virginia at Portsmouth, all on the harbor of Hampton Roads, and the Virginia Inland Port at Front Royal, Virginia. A site on the harbor at nearby Craney Island has been identified for future expansion.

Virginia International Terminals, Inc. (VIT), the Virginia Port Authority’s non-stock, non-profit affiliate, has operated the Port of Virginia since its creation by the state in 1981[1] and is headquarterd in downtown Norfolk, Virginia. The agency also employs regional managers throughout the United States and in Belgium, Brazil, Japan, Hong Kong, India, and South Korea.

In May, 2012 global port operator APM Terminals submitted a conceptual proposal under Virginia’s PPTA guidelines to give the Commonwealth of Virginia its $540 million Portsmouth container terminal and additional cash payments in exchange for running Hampton Roads’ port operations.[2] APM Terminals has operated in the port for more than 30 years. The $540 million investment in the Portsmouth facility is one of the largest private investments ever made in Virginia. The Commonwealth of Virginia is currently considering the proposal.

ABOUT PORT OF VIRGINIA

The Port of Virginia is located in the east coast of the United States. It is an agency of the Commonwealth of Virginia, reporting to the Secretary of Transportation. It is the state's leading agency for international transportation and maritime commerce, charged with operating and marketing the marine terminal facilities through which the shipping trade takes place.

The Port of Virginia owns four general cargo terminals-Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal, and the Virginia Inland Port in Front Royal-which are operated by its affiliate, Virginia International Terminals, Inc.

Virginia's strategic mid-Atlantic location and unparalleled transportation infrastructure offer steamship lines and shippers unbeatable access to two-thirds of the U.S. population with more than 75 international shipping lines and one of the most frequent direct sailing schedules of any port. Virginia has the best natural deepwater harbor on the U.S. East Coast.

Fifty-foot-deep, unobstructed channels provide easy access and maneuvering room for the largest of today's container ships. Virginia ports are located just 18 miles from the open sea on a year-round, ice-free harbor. Virginia ports have long maintained a reputation for efficient and uncongested intermodal service.

The bottom line is in the numbers: The Port of Virginia transports more intermodal containers to more cities faster and more efficiently than any other port in the United States. As the largest intermodal facility on the U.S. East Coast, Virginia offers six direct service trains to 28 major cities each day.

More than 50 motor-carrier companies offer full freight-handling and load-consolidation services. A modern network of interstate and local highways permits fast, direct inland motor-freight transportation to any point in the United States.

CORPORATE PRESENTATION

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