Latin America Trade
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Port of Virginia hits 1.1 million teu mark;
July’s numbers up 8% compared with ‘04Since Jan. 1, The Port of Virginia has handled more than 1.1 million teus, a 10.2% jump over the same period in 2004.
In July, Virginia Port Authority’s (VPA) three marine terminals ’ Newport News Marine Terminal, Portsmouth Marine Terminal and Norfolk International Terminals—handled 137,259 teus, which is an eight percent increase when compared with the same month last year. The rolling 12 month average has spiked to 19.9%.
“As we approach peak season, we can expect container volumes to continue to increase,” said Thomas Capozzi, the VPA’s senior managing director of marketing. “We’ve forecast this port will have a record-setting year this year - as far as container volume—and I don’t see any reason to adjust that forecast.”
NIT had a strong July for container throughput, with an increase of more than 17% for the month. Year-to-date, the terminal is up 16.9%.
PMT’s year-to-date breakbulk traffic remains at an increase of 39.4%.
NNMT in July increased container throughput by 11.3%. Year-to-date volumes remain strong with an increase of more than 21%.
The Virginia Inland Port surpassed the 20,000 teu-mark during the first seven months of 2005. Since Jan.1, the VIP has increased throughput 25.9% and July was up 42.8% when compared with the same month last year.
Combined, the VPA’s three marine terminals had 26,143 moves through their truck gates and 4,984 moves by rail in July.
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