The following is the text of a news release from the Port of Virginia:
(NORFOLK, Va.) — At 1,200 feet long and 158 feet wide, the containership COSCO Development is a behemoth. It is 100-plus feet longer that the U.S. Navy’s newest aircraft carrier, Gerald R. Ford, and is bigger than any containership to call the Port of Virginia and the U.S. East Coast.
The vessel can carry 13,092 twenty-foot equivalent units, or TEUs. The previous record was held by MOL Benefactor when it sailed to Norfolk International Terminals (NIT) last summer. By comparison, Monday’s arrival of the COSCO Development breaks the previous record by 3,000 TEUs.
“We’ve seen nothing like her here,” said John. F. Reinhart, CEO and executive director of the Virginia Port Authority. “For years, we have been talking about the ‘next generation’ of vessels and the ‘big ship era.' This is what we have been preparing for: the talk is over, the big ships are here.”
In Monday’s early morning, tugboats eased COSCO Development alongside at Virginia International Gateway (VIG). Soon after, crews descended on the berth, climbed into the ship-to-shore cranes and shuttle trucks and began the process of loading and unloading. During the course of its 30-plus hour stay in Virginia, multiple labor shifts will load and unload nearly 2,000 containers. On average, most vessels are here for 12 to 14 hours.
“What’s truly significant is that Virginia is this vessel’s first East Coast stop,” Reinhart said. “This vessel is taking full advantage of our 50-foot channels and an expanded Panama Canal. As the ships get bigger there are corresponding cargo loads. So our ability to quickly push these slugs of cargo inland by barge to Richmond Marine Terminal and double-stack rail to Virginia Inland Port and then into our markets in the nation’s heartland
becomes even more important.
“Our partnership with labor, our modern terminals, our efficiency, our deep water — all these assets that we have been discussing and investing in are now coming into focus. From this day forward, we’ll be seeing vessels of this size with regularity. The big ship era at The Port of Virginia is truly underway.”
COSCO Shipping is part of the Ocean Alliance, which is an alliance of ocean carriers composed of CMA-CGM, Evergreen Line and OOCL. In an alliance, the members agree to contribute ships and share space on those vessels. The vessel is in the alliance’s South Atlantic Express service and it came to the Port of Virginia via the Panama Canal.
In this weekly Asia-to-U.S. East Coast service there are 11 vessels ranging in size from 11,000 to 13,000 TEUs. The port rotation includes Hong Kong, Yantian, Ningbo, Shanghai, Panama, Virginia, Georgia and South Carolina and then back to China.
Reinhart said the growing vessel sizes and accompanying cargo volumes are behind the port’s $670 million investment to increase overall annual throughput capacity by 40 percent — 1 million containers — by 2020. Heavy construction is underway at VIG and the civil engineering work is nearing its start at NIT.
“We are adding capacity now so we can handle the cargo that will be coming to us on these vessels,” Reinhartsaid. “The big ships are here — more are on the way — and they are carrying significant amounts of containers. In order to be sustainable and competitive for decades to come, we must be ready to accommodate that volume at our inland and water-side facilities.
“The continued investment in people, technology and those capacity projects being undertaken here during the next three to four years are positioning this port to become the East Coast’s premiere port: a true gateway to world trade and a catalyst for commerce in Virginia.”
