View the latest container traffic data.
Virginia FY 2016 Container Tally Hits 2.57 Million TEUs; Gains for Barge, Rail, Inland Port Traffic
The Port of Virginia reports a fiscal year container traffic total for 2015-16 of 2.6 million TEUs, a 2.5 percent increase from FY 2014-15. The June count alone was up 1.5 percent, thanks to a 7.5 percent import gain.
"We finished fiscal year 2016 in positive territory, but our gains were very modest," said John F. Reinhart, CEO and executive director of the Virginia Port Authority. "We forecast for muted container volumes and that was on-target. We are approaching peak cargo season and we expect to see some gains, but they will also be modest."
Other fiscal year (July 1 – June 30) highlights:
• Total containers: 1,460,704 (+1.3 percent)
• Total rail containers: 511,096 (+9.7 percent)
• Virginia Inland Port (VIP) containers: 40,499 (+12.3 percent)
• Richmond Marine Terminal barge containers: 16,347 (+ 15.8 percent)
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The port on July 11 hosted the first of a new class of 10,100 TEU container ships that will be regular callers following the opening of the new Panama Canal locks. MOL Benefactor is also the largest container ship ever to visit Virginia, exceeding by 500 TEUs the capacity of the previous record holder.
"Starting at the end of this month, we will see a series five vessel calls, each with 10,300-TEU capacity, come to Virginia," Mr. Reinhart said. "During the next 12-18 months, the ships calling here will get progressively bigger – the 12,000-TEU range – and there will be larger cargo volumes associated with those vessels. There will be another jump in size after that, so we are preparing accordingly and are discussing those plans out in the market."