The Port of Virginia announced Friday it has completed phase one of the $375 million expansion project at the Norfolk International Terminals (NIT) terminal with the addition of 12 new container stacks.
Construction on the NIT expansion got underway in January 2018, with the project completion scheduled for 2020.
The centerpiece of the project is the construction of 30 semi-automated container stacks at South NIT, served by 60 new rail-mounted gantry (RMG) cranes. The project will expand NIT’s annual throughput capacity by 400,000 container units, going from 850,000 to 1.25 million container units; a 46 percent increase.
“The $700 million investment being made in The Port of Virginia puts it in the best position to become the US East Coast’s premiere port and a major hub for ultra-large container vessels,” Reinhart added.