You are here: Home > Steel News > Latest Steel News > Port...

Port of Virginia prepares for increased cargo volumes

Thursday, 07 July 2016 22:47:57 (GMT+3)   |   San Diego
       

With the expansion of the Panama Canal almost complete, ports in the eastern United States are bracing for additional port traffic and increased cargo volumes.  The Canal’s expansion will allow the passage of ships with up to 14,000 TEUs, almost three times the current capacity.  High capacity vessels are expected to shift maritime traffic across vital international lanes.

In preparation, the Port of Virigina, the only US east coast port with authority for 55-foot depth channels, has purchased five new container handlers with each offering materials handling capacities up to 105,000 pounds. 


Similar articles

Steel Dynamics to acquire minority stake in New Process Steel

15 Oct | Steel News

Ryerson announces acquisition of Specialty Metals Processing

08 Sep | Steel News

Ohio distributor acquires Allegheny Pipe & Supply

06 Apr | Steel News

Lexington Steel Corp. acquired by UPG Enterprises LLC

22 Sep | Steel News

Tata Steel to introduce new plate product in North America with Steel Warehouse

26 Feb | Steel News

Mill Steel Co. rebrands steel framing subsidiary

11 Jul | Steel News

Maksteel completes acquisition of LexWest Steel

08 Mar | Steel News

Ryerson reports higher net income for Q4, full-year 2018

06 Mar | Steel News

United Pipe&Steel and Merfish merge to form largest pipe distributor in US

08 Feb | Steel News

Industrial Metal Supply Co. appoints new President

14 Nov | Steel News