# Port of Virginia and Konecranes finalize $217M contract for 86 automated stacking cranes

The Port of Virginia will finalize a $217 million contract with Konecranes for the manufacture and delivery of 86 automated stacking cranes for expansion projects at Virginia International Gateway and Norfolk International Terminals, with delivery from 2018 to 2020.

- Type: Contract
- Announced: 2016-11-16
- Where: Virginia, United States
- Value: $217.0M
- Status: announced
- Capacity: 1 million containers annually
- Products: rail-mounted automated stacking cranes, automation technology
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (supplier)
- [Port of Virginia](https://endata.com/companies/16359.md) (customer)
- [TMEIC](https://endata.com/companies/16360.md) (partner)

## Sources

- [progressiverailroading.com](https://www.progressiverailroading.com/intermodal/news/Port-of-Virginia-Konecranes-OK-pact-for-86-automated-stacking-cranes--50073), 2016-11-16: "The Port of Virginia will finalize a $217 million contract with Konecranes for the manufacture and delivery of 86 automated-stacking cranes as part of the expansion projects at the Virginia International Gateway (VIG) and Norfolk International Terminals (NIT)."
- [marinelink.com](https://www.marinelink.com/news/konecranes-virginia418347), 2016-11-16: "The Port of Virginia will finalize the $217 million contract with Konecranes for that company to build and deliver 86 specialized cranes that will be at the center of the port’s expansion projects at Virginia International Gateway (VIG) and Norfolk International Terminals (NIT)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.