The Port of Virginia is close to wrapping up its $1.4 billion Gateway Investment Program, with one of its most important pieces set to be delivered in early 2026.
In February, the port is scheduled to begin offering the deepest shipping channels on the U.S. East Coast. A years-long effort to deepen and widen Virginia’s channels is nearing completion, marking a major milestone for the port. The $450 million project will result in channels that are 55 feet deep and wide enough to safely handle two-way traffic from the largest ships in Atlantic trade, without tidal restrictions or overhead obstructions. The channel widening portion of the project was completed in February 2024.
“In order to be a twenty-first century port, you must have twenty-first century infrastructure,” said Sarah J. McCoy, interim CEO and executive director at the Virginia Port Authority. “Channel depth has the same level of importance to Virginia as any of our landside assets and investments. To remain competitive, the big ships require deep water and modern terminals. The Port of Virginia is the logical choice.”…