If you remember, our previous discussion focused on Norfolk’s banner year and the expansions of Southeastern inland ports from the explosion of cargo being handled there. We come back again, just a few weeks later with another great announcement; CMA CGM agreed with the Port of Virginia to add the Port of Richmond as a destination for cargo booked on their ships.
The Port of Richmond is 90 miles up the James River from the Port of Norfolk and serviced by barges at a 121-acre facility south of downtown Richmond. The rail facility offers more than 1,500 feet of wharf with 22 feet of draft and 300,000 sq.ft. of warehouse space. The barge service currently moves three days a week, but that’s expected to grow as more cargo moves thought the port by CMA-CGM. The Port of Virginia’s lease ends this year and it’s working on renegotiating a longer term lease with the city, hoping that the longer lease term will instigate deeper investments in the facilities available.
Considering the current strength showing in all Southeast ports, including the powerhouse of Norfolk, the state of Virginia has an incredibly bright future. Nelson International remains strategically placed in Norfolk and excited about the new CMA-CGM offering at the Port of Richmond. With the new inland ports being opened around us and the busy pace at Norfolk, we are at a hub of import and export commerce. We’re excited by the pattern of growth in our area and stand ready with cargo and freight solutions to utilize each of these new benefits for our customers.