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            may 26, 2018

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Port of Hamburg Marketing

SIL 2018

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Port of Virginia handle record 246,871 TEU in May, up 12.5pc


The Port of Virginia set a new productivity record in May by moving 246,871 TEU, increase of 12.5 per cent compared to May 2016.
"May marks our highest monthly volume at the port, surpassing the previous record set last October by five per cent and with the fiscal year drawing to a close (at the end of June), we are up more than seven per cent," Virginia Port Authority CEO and executive director John Reinhart was quoted as saying in a report by American Shipper.
May cargo numbers at the port include 85,824 TEU of loaded exports, up six per cent from May 2016; 100,594 TEU of loaded imports, a nine per cent jump; 141,218 total containers, which was up 13 per cent; 46,840 rail containers, a three per cent increase; 4,084 barge containers, up 49 per cent; and 90,294 truck containers, an increase of 18 per cent.
May's growth followed back-to-back calls from 13,000-TEU vessels at the port in May.
"The new alliances and the cargo owners are capitalising on Virginia's natural and man-made assets and our team is performing well," Mr Reinhart said. "This kind of volume, combined with the growth we've had throughout the calendar and fiscal year, tells us that the industry is confident in the port of Virginia's ability to handle their cargo."
The Port of Virginia is the top US east coast port for deployed capacity for Asia-US east coast alliance services, with seven services deploying 61,000 TEU each week, according to BlueWater Reporting's analysis of the new ocean carrier alliances.
The number of vessel calls is decreasing due to vessels increasing in cargo capacity. In May, there were 143 vessel calls compared to 173 calls in May 2016, yet cargo surged 12 per cent, according to Virginia Port Authority data.

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