Thanks to action by the Virginia General Assembly and the Governor in 2014 authorizing over $6 million to perform the necessary preliminary studies, Virginia is on its way to dredging the Norfolk Harbor to a depth of 55-59 feet and widths up to 1,200 feet, and the Southern Branch of the Elizabeth River to depths up to 45 feet. Total project costs are estimated at just over $322 million, cost-shared between the State and Federal Governments.
The U.S. Corps of Engineers has determined the project will have a beneficial-cost ratio of 4.93 to 1, returning nearly $5 in national economic benefits for each dollar invested.
How are Virginia's Ports Getting Ready for Wider, Deeper, Safer?
Perform Studies for U.S. Army Corps of Engineers General Re-evaluation Report (funded)
Preparation & Approval of General Re-evaluation Report (funded)
Project Engineering & Design - $2 million Commitment Needed
Project Contracting - Funding Commitment Needed
Begin Phased Construction by 2020 - $244 million Commitment Needed
WHY IS DEEPENING THE CHANNELS IMPORTANT TO VIRGINIA?
REDUCE TRANSPORTATION COSTS:
Deeper channels reduce the transportation costs for shipping goods internationally making Virginia-made goods, businesses, and our Commonwealth more competitive in the global marketplace.
KEEP OUR COMPETITIVE ADVANTAGE:
Virginia’s 50-foot channels have given our ports a competitive advantage. As ships continue to increase in size, we must retain our ports’ capability to receive and sail the largest vessels, fully loaded and regardless of tides and weather.
Having benefited from having the deepest channels on the East Coast, Virginia’s advantage is now being lost. New York, Baltimore and Miami have attained 50-foot channels, Charleston has approvals and funding committed to dredge to 52 feet in 2019, and the other major East Coast ports are deepening their channels to compete with Virginia.
The Port of Virginia has the opportunity to keep its competitive edge and market share against other East Coast ports by taking our main channels to 55 feet and the Southern Branch of the Elizabeth River to 45 feet.
Membership with the VMA directly supports advocacy for projects like Wider Deeper Safer.
February 18, 2018 | General Assembly Budget Proposals Include Widening & Deepening The Virginia House of Delegates Committee on Appropriations and the Senate Finance Committee both released their versions of a two-year budget proposal for the Commonwealth of Virginia. Both the House and Senate budgets contain funding for advancing the planning and preliminary engineering requirements for widening and dredging of the Norfolk Harbor Channel to 55 feet and dredging the Southern Branch of the Elizabeth River to 45 feet.
The House budget also contains full bond authorization for the entire dredging project, which sends a very strong signal to the global marketplace that Virginia is committed to this project and is open for business. The Virginia Maritime Association (VMA) strongly supports this full bond authorization, which recognizes the critical importance of widening and deepening the Port of Virginia’s harbor and channels. The VMA believes that now is the time to secure the future of our Port and the economic well being of our Commonwealth.
December 2017 | USACE Recommended Plan for Elizabeth River & Southern Branch The Corps of Engineers will be accepting public comments until January 15, 2018 on the Elizabeth River and Southern Branch Navigation Improvements Draft General Reevaluation Report/Environmental Assessment (Draft GRR/EA). Comments should be submitted to David Schulte, U.S. Army Corps of Engineers, Norfolk District, at 757-201-7009 or email@example.com.
View Report: http://www.nao.usace.army.mil/About/Projects/ElizabethRiverSouthernBranchNav.aspx