Commercial opportunities between Ports in Virginia and CubaStaff writer ▼ | January 6, 2016
The Virginia Port Authority has signed a Memorandum of Understanding (MOU) with the Cuban National Port Authority to evaluate commercial opportunities between the Port of Virginia and Cuba’s newly opened Port of Mariel Special Development Project.
Cooperation Information sharing between Cuba and Virginia
Under this agreement, the two port authorities may undertake initiatives including data interchange, market studies, training and technological interchange.
Cuba’s $1 billion port project will make Mariel the largest port in the Caribbean, with a capacity to handle approximately 1.3 million shipping containers a year. It will also allow Mariel to serve as a trans-shipment hub for the region. ■