Cover Story
On deck
With the Navy rebuilding its fleet, maritime industry is hiring thousands
There’s massive work underway in the Hampton Roads maritime industry, with much more on the horizon. The region is hiring, big-time. But are there enough qualified candidates to fill the jobs? Regional leaders want to get ahead of the question, they say, considering the window of opportunity and what’s at stake for the area’s economic
Interview
Executive profiles
Published
We asked leaders in Virginia’s maritime and logistics industry for their thoughts on the Port of Virginia expansion and the impact of the COVID-19 pandemic on shipping. Click to expand photos. Interviews follow. VB: How will the Port of Virginia expansion impact Virginia’s economy? Adams: The Central Chapter encompasses the area around Richmond and is
Opinion
A shining light
Published
Welcome to the 2020 Virginia Maritime Guide! This annual publication is distributed to business readers statewide. It highlights the important contributions made by the maritime, distribution center and logistics industries to the economy of Virginia. It also serves as a valuable resource, including information on the companies and organizations serving these industries. Over the past
From This Issue
Maritime Guide 2020
Published
Welcome to the Virginia Maritime Guide 2020! Below is a table of contents to direct you to all articles that appear in the guide. On deck — With the Navy rebuilding its fleet, maritime industry is hiring thousands Executive profiles — We asked leaders in Virginia’s maritime and logistics industry for their thoughts on the
Viral load
Port feels effect of coronavirus early but remains busy
Published
Like a canary in a coal mine, the Port of Virginia felt the impact of COVID-19 well before others in Virginia started to feel it. In February, the port saw a 9% drop in cargo compared with February 2019, a decrease attributed in part to the outbreak’s origins in China. In 2018, China was the
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In the big leagues
Port’s expansion projects put state in a leading position
Published
Virginia is strengthening its claim as a leading port on the East Coast. The Port of Virginia is midway through a $700 million project to expand its two largest terminals, which will allow the port to handle an additional 1 million container units per year. The $320 million expansion of Virginia International Gateway in
Inland empire
Ports in Richmond, Front Royal receive upgrades
Published
The Port of Virginia is investing in its two inland ports to boost capacity and maintain efficiency while handling greater volume from its Hampton Roads terminals. A record 2.93 million 20-foot equivalent units, or TEUs, passed through the Port of Virginia system in 2019, a 3% increase over 2018. “As we expand our primary terminals
Ice age
Refrigerated storage expands while port’s growth heats up
Published
As the Port of Virginia expands its terminals, it’s prompted warehousing and logistics firms to also create space for more imported and exported goods. One of the largest areas of recent growth has been in the refrigerated storage industry. Here are some of the highlights: Preferred Freezer Services In April 2019, Preferred Freezer Services LLC
Offshore windfall
Hampton Roads will be East Coast center for wind energy
Published
Two massive wind turbines are scheduled to begin spinning off the coast of Virginia Beach by the end of 2020, providing electricity to 3,000 homes and paving the way for Dominion Energy Inc. to build the nation’s largest offshore wind farm. And even amid the coronavirus outbreak, plans are still proceeding on course, says
Tech support
New ODU center focuses on maritime cybersecurity
Published
Cybersecurity may not be the first idea that springs to mind when thinking about the maritime industry, but it is an increasingly important field. And the new Coastal Virginia Center for Cyber Innovation (COVA CCI) at Old Dominion University is proof enough. The center’s $2.5 million, two-year budget supports its mission to close the cybersecurity
Digging deep
Port expansion projects move ahead
Published
The Port of Virginia’s aim to become the deepest port on the East Coast continues apace, even during the COVID-19 outbreak. The $350 million project to dredge the Norfolk Harbor started more than two years early in December 2019. Meanwhile, the Virginia International Gateway (VIG) in Portsmouth and the Norfolk International Terminals (NIT) are both
Confronting COVID-19
A ‘black swan’ event presents unusual challenges
Published
Maritime shipping accounts for 90% of global trade, supplying us with many of our personal needs. The Port of Virginia is a major driver of the Virginia economy, generating 7.5%, or $39 billion, of Virginia’s gross product, $23 billion in labor income, about 400,000 jobs and $2.1 billion in state and local taxes and fees
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