Volume 86 No. 1
January 2022
“The Voice of Port Industries”
Photo: CP&O
@VAmaritime
INFRASTRUCTURE BILL PROVIDES $69M FOR HARBOR DREDGING; $250M TO NORFOLK’S FLOOD PROTECTION WASHINGTON | On January 19, 2022, the Biden-Harris Administration announced it will invest more than $14 billion of funding in the FY2022 U.S. Army Corps of Engineers (USACE) program towards increasing climate resilience, port and waterways infrastructure, and natural disaster resilience in the United States. $69 million will go towards improving navigation and expanding capacity at Norfolk Harbor, and $250 million will go towards storm surge barriers, levees, and pump stations to reduce storm risk to the City of Norfolk, Virginia. The full $14 billion from the Bipartisan Infrastructure Law will help more than 500 projects across 52 states and territories. The White House’ fact sheet noted that “these key projects will strengthen the nation’s supply chain, provide significant new economic opportunities nationwide, and bolster our defenses against climate change.” “The Virginia Maritime Association celebrates these federal
investments which will make the greater Port of Virginia’s shipping channels the widest, deepest, and safest on the U.S. East Coast and will protect the region from flooding,” stated David White, Executive Director of the Virginia Maritime Association (VMA). Re-Becoming Deepest Port on the East Coast
In late 2019, the Virginia Port Authority (VPA) began dredging the Thimble Shoals Channels near the Chesapeake Bay Bridge with state funding, but still needed the recently approved “New Starts” designation to begin work on the inner harbor. With the federally approved $69 million, the VPA and USACE will begin dredging Norfolk’s Inner Harbor to 55-feet for completion in 2024, returning Virginia to the title of “deepest harbor on the East Coast.” “This success was made possible through the efforts of our Virginia Congressional delegation, the Congressional delegations Continue Reading on Page 3
CP&O AND CERES CONSOLIDATE NORFOLK | Announced on January 6, 2022, Ceres Marine Terminals and CP&O, LLC, two major stevedoring companies in Hampton Roads, are combining their services under the brand of CP&O, LLC, who provides stevedoring and terminal services at all major terminal facilities in the Port of Hampton Roads. The new company will offer a diverse portfolio of stevedoring services, including container, break bulk, ro-ro, baggage handling, project cargo and ship provisions. “The addition of Ceres Marine Terminals, Inc. as a member of CP&O will provide significant benefits Continue Reading on Page 4
INSIDE THIS EDITION
VIRGINIA AND DENMARK COMMIT TO ADVANCING OFFSHORE WIND RICHMOND | On January 13, 2022, former Governor Ralph Northam signed an agreement with the Danish Ministry of Climate Energy and Utilities to work together to advance the offshore wind industry in both locations. The two parties will share their relative experiences and knowledge in developing offshore wind and its supply chain including successes, challenges, and best practices. Continue Reading on Page 4
h VMA’s New Board of Directors (2)
h New $267M Recycling Facility at Chesapeake Deepwater Terminal (4)
h Study Shows Southwest VA Role in OSW (4)
h Lyon Shipyard’s $24M Expansion (3)
h HRBT Boring Machine Arrives(4)
h Highlight: Biden Webinar (7)
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