The US Department of Transportation’s Maritime Administration (MARAD) has announced an investment of $580m in 31 port improvement projects across 15 states and one US territory.
This funding, part of the Bipartisan Infrastructure Law, aims to strengthen various ports, from coastal seaports to inland river ports.
MARAD’s Port Infrastructure Development Programme (PIDP), which received $2.25bn from the Bipartisan Infrastructure Law, is the source of this funding.
Among the selected grants is the Don Young Port of Alaska’s Cargo 1 Replacement Project, receiving $50m for the construction of a new general-purpose cargo terminal.
This project will enhance port efficiency and resilience against disasters, improving the delivery of goods to remote Alaskan communities.
The Port of Oakland’s Outer Harbour Terminal Infrastructure Modernisation Project, with a $49.5m grant, will undergo wharf strengthening and other structural repairs to accommodate larger vessels and respond to market demands on the west coast.
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By GlobalData
The US Transportation Secretary Pete Buttigieg said: “America’s ports are essential to our nation’s supply chains, and thanks to the Biden-Harris Administration, we have projects underway all across the country, from Long Beach to Milwaukee to Monroe, that are making it possible for our ports to move more goods each year and keep costs down for families.
“With the investments we’re announcing today, made possible by the Bipartisan Infrastructure Law, we’re building on this good work and funding more projects that will expand capacity, improve efficiency, and facilitate the quicker movement of goods at ports in more than a dozen states.”
The Georgia Ports Authority’s Garden City Terminal Power Resiliency Project, awarded $49.9m, will create an independent power distribution network.
In Illinois, the Hennepin Barge Terminal and Soybean Logistics Asset Project will receive $38.6m to build a new loading dock and storage systems for agricultural products.
The Quonset Development Corporation’s project in Rhode Island and The Lummi Nation Fisherman’s Cove Dock Replacement Project in Washington are also among the beneficiaries, receiving $11.25m and $10.98m, respectively, to upgrade port facilities and replace aging infrastructure.
In 2022, MARAD allocated nearly $39m to support 12 marine highway projects nationwide.
