Port of Virginia looks to increase efficiency with new stevedoring venture

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Port of Virginia

CP&O LLC and Ceres Marine Terminals have consolidated their stevedoring services at the Port of Virginia under the CP&O brand.

The new venture will combine the two organisations under one name, aiming to provide opportunities for growth and efficiency. This is said to become useful in light of the mass surge in consumer demand driven by the COVID-19 pandemic.

“The Port of Virginia has provided best-in-class service in 2021 and has been rewarded by our customers with 25% year-over-year growth,” said Stephen Edwards, Executive Director and CEO of the Virginia Port Authority.

“As we move into 2022, we will further improve, and this new venture will help us turn more ships faster and move more cargo. Our steamship line customers will be provided with an excellent choice for their stevedoring services from either CP&O or Virginia International Terminals.”

Additionally, CP&O LLC has also signed a 10-year Stevedoring License Agreement with the Virginia Port Authority to provide container stevedoring services at the Virginia International Gateway and Norfolk International Terminal. This comes into effect from 2 March 2022.

Under the agreement, port customers will be given the choice of using CP&O or Virginia International Terminals.

George Brown, President of CP&O, added “The addition of Ceres Marine Terminals, Inc. as a member of CP&O will provide significant benefits to the Port of Virginia, including improved services and higher efficiency and improved equipment utilisation to the benefit of our customers.

“The combination of CP&O’s and Ceres’ experience and resources will further CP&O’s mission to safely and efficiently serve our customers, all while strengthening the Port of Virginia’s position as one of the leading container ports in the US.”

The Virginia Port Authority Board of Commissioners has also recently approved plans to expand its central rail yard to handle over a million containers a year.

Announced in November 2021, the port aims to greatly expand its Central Rail Yard at Norfolk International Terminals to handle 1.1 million containers a year via the rail system by 2023.

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