Skip to content
Search AI Powered

Latest Stories

Port of Virginia handles colossal components for eight offshore wind turbines

Each tubular monopile is 250 feet long and weighs 1,500 tons.

virginia Monopiles 2.jpg

The growth of the offshore-wind energy industry is creating industrial shifts not only in regional electric power grids but also in the specialized logistics processes required to move and install the colossal physical components that support the spinning turbines, according to the Port of Virginia.

Last week, crews at the facility spent two-and-a-half days using specialized handling equipment to offload eight huge monopile foundations. That hardware was the first shipment of components for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. Located 27 miles off the shores of Virginia Beach, the project will someday power up to 660,000 homes. 


Port officials said the job marks their progress in an effort to become the primary logistics center for the Mid-Atlantic’s growing offshore-wind energy industry. In preparation to become a logistics hub in the wind industry, the Port of Virginia recently repurposed its Portsmouth Marine Terminal (PMT) from its original use as a container terminal to become capable of handling the large and heavy components used in the construction of offshore wind turbines.

The 287-acre PMT facility is located on deep water, has on-dock rail access, and offers ample open space for storage/staging. Additionally, the port is investing more than $220 million to reinforce the pavement of the terminal’s cargo yard, rebuild the berth, and rework the vessel mooring configuration.

Those upgrades are necessary because of the sheer heft of the “monopiles” used to erect wind-generating turbines from the sea floor. Each metal tube measures 250 feet long and weighs 1,500 tons, requiring workers to move them one at a time from the delivery vessel to the shore using specially-built mobile cradles.

“We are investing in PMT to ensure it can handle this kind of cargo and it easily passed this first test,” Stephen Edwards, CEO and executive director of the Virginia Port Authority, said in a release. “Our work here is progressing according to schedule and this terminal is well-situated to meet the needs of the CVOW project. There is going to be a lot of activity taking place here during the next year, and The Port of Virginia is going to establish itself as the Mid-Atlantic’s logistics hub for offshore wind.”
 

 

 

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of sectors leasing warehouse space

3PLs claim growing share of large industrial leases, CBRE says

Third-party logistics (3PL) providers’ share of large real estate leases across the U.S. rose significantly through the third quarter of 2024 compared to the same time last year, as more retailers and wholesalers have been outsourcing their warehouse and distribution operations to 3PLs, according to a report from real estate firm CBRE.

Specifically, 3PLs’ share of bulk industrial leasing activity—covering leases of 100,000 square feet or more—rose to 34.1% through Q3 of this year from 30.6% through Q3 last year. By raw numbers, 3PLs have accounted for 498 bulk leases so far this year, up by 9% from the 457 at this time last year.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less