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Virginia's Maritime Economic Advantages

 Virginia's Ports  Deliver Business 

Virginia Cargo Map

Virginia provides shippers competitive advantages:

   Virginia's Ports have the ability to handle any type of cargo
  Virginia is the 2nd largest port on the East Coast in tonnage and the 3rd largest in container volume

 

  • LOCATION:  Strategic Mid-Atlantic location with direct open access
  • ACCESS: Virginia, historically known for having the deepest port on the East Coast, is deepening its main channel to 55’.
  • OPERATIONS: Virginia's unobstructed ports are ice free year round.
  • DISTRIBUTION: Robust interstate system and two "Class I" railroads offer extensive inland access
  • CONSUMERS: 118 million consumers can be reached within a day's drive
  • FINANCIAL: Corporate income tax credits are available and port user incentives are offered. 
 "The Port of Virginia’s deep channels, strategic location on the Eastern Seaboard, and great inland connectivity with the two eastern class I railroads, NS and CSX, make it an excellent multimodal logistics hub. The benefits for global commerce extend across all cargo types, including breakbulk, project cargo, dry bulk, liquid bulk, and containers.”
- Chief Commercial Officer, T. Parker Host


 


 

Workforce Development and Educational Partners

The Commonwealth of  Virginia has numerous state supported and private sector educational and training providers. 

“STIHL made the decision to locate our U.S. headquarters and our only U.S. manufacturing plant in Virginia Beach, VA based on the close proximity to our world class port facilities, access to a skilled workforce, and the business friendly environment that Virginia provides.  As both an importer and exporter, we continue to rely on the ports of Virginia to move our goods around the world in a cost effective and efficient manner.” 
- Export and Logistics Manager, STIHL



 

The largest Shipbuilding & Repair Complex on the East Coast

 

 


Reach by Rail and Interstate

In addition to its strategic Mid-Atlantic location with direct open seas, Virginia's ports are served by one of the nations most efficient inland transportation systems, making two-thirds of  U.S. consumers within a 24 hour reach of Virginia's Ports.

 



   

Foreign Trade Zones and Virginia Tax Incentives for Port Users

Companies can benefit by using special procedures to encourage U.S. activity by reducing, eliminating or delaying duties. 

  • Virginia offers six Foreign Trade Zones (FTZ):

#

Trade Zone

Guarantee

Links

20

Southeastern Virginia

Virginia Port Authority

Port of VA

Federal Register

137

Washington Dulles

Washington Dulles Foreign Trade Zone Inc.

Federal Register

185

Culpepper

Culpepper County Chamber of Commerce

Federal Register

204

Tri-City Regional Airport

Tri-Cities Airport Commission

Federal Register

207

Richmond

Capital Region Airport Commission

Federal Register

238

Dublin (New River Valley Airport)

New River Valley Economic Development Alliance, Inc.

Federal Register

 

“The Port of  Virginia is a significant contributor to Canon Virginia’s success.  As the Grantee for Foreign Trade Zone #20, the Port provides Canon VA Inc. with the ability to reduce import duties and helps give Canon a competitive advantage in the US market.”
- Director, Canon Virginia Inc.



Port Partners

“Virginia International Terminal has worked very closely with Lumber Liquidators to establish creative dray programs (free flow and group code), expanded hours of operation at the port, and a Port of Richmond program.  Additionally,  VEDP - VALET Program and VA Maritime Association Membership have ensured Lumber Liquidators is well-informed of the opportunities the state and port provides businesses.” 
- Director, Lumber Liquidators



 

Brochure

"Virginia's Ports Deliver Business"

Download

 

 

Thank you to our Anchor Members

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Contacts

Virginia Maritime Association
236 E. Plume Street Norfolk, VA 23510
Phone: 757-622-2639
Fax: 757-622-6302
vma@vamaritime.com