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The U.S. Department of Transportation has awarded $220 million in grants to ports in sixteen states and territories. The discretionary grant funding was announced Thursday by U.S. Transportation Secretary Elaine L. Chao. The funding is provided through the Maritime Administration’s (MARAD) Port Infrastructure Development Program. The program “aims to support efforts by ports and industry… Read More
District 7B Rep. Liz Olson, DFL-Duluth, is looking to the funding to provide jobs and help jump-start Minnesota’s economy. It took five special sessions, but the Minnesota Legislature finally passed a bonding bill Thursday afternoon. That legislation will provide some sorely needed funding to fix seawalls in Duluth and armor much of the city’s shoreline… Read More
Michigan Tech and the City of Marquette were each among those awarded funds. LANSING, Mich. (WLUC) – The Michigan Department of Environment, Great Lakes, and Energy (EGLE) today announced more than $1.1 million in coastal management grants to fund 13 projects and statewide initiatives. EGLE also has opened the application period for project proposals seeking… Read More
The Environmental Protection Agency (EPA) will begin dredging the Gowanus Canal in mid-November, scraping out the thick layer of tar and feces that sits at the bottom of the waterway. But, Christos Tsiamis, the EPA engineer who heads the cleanup, warns that a new layer of gunk could start accumulating after dredging is completed in… Read More
Engineering, consulting and design services supports expansion for Florida’s number one container port DALLAS, Oct. 15, 2020 /PRNewswire/ — Jacobs (NYSE:J) was selected to provide civil, structural and marine engineering consulting and design services for the Jacksonville Port Authority (JAXPORT). The largest container port in Florida, JAXPORT is deepening its shipping channel to accommodate more… Read More
Terminal Portuario de Guayaquil (TPG), a subsidiary of Chile-based SAAM Ports, has inaugurated an expanded dock and other improvements. The expanded dock, additional dredging and reinforced infrastructure and equipment have a total investment of $16m. “The 660m-dock expansion at Terminal Portuaria de Guayaquil gives Ecuador competitive potential to be on par with regional and global… Read More
WASHINGTON – The U.S. Department of Transportation Secretary Elaine L. Chao today announced the award of more than $220 million in discretionary grant funding to improve port facilities in 16 states and territories through the Maritime Administration’s (MARAD) Port Infrastructure Development Program. “This $220 million in federal grants will improve America’s ports with nearly half… Read More
DETROIT — FishPass project construction in Traverse City, Michigan, will kick off with a virtual groundbreaking ceremony October 24. This final phase of the Boardman River Ecosystem Restoration Project is primarily funded by the U.S. Environmental Protection Agency Great Lakes Restoration Initiative and led by the Great Lakes Commission in partnership with the City of… Read More
Boskalis has today financed its mega suction cutter dredger Krios through an innovative Export Credit Agency (ECA) covered loan. This marks the first ECA insured financing of its kind in the Netherlands. With this EUR 121 million facility, Boskalis has refinanced a substantial part of the construction costs of the Krios. The ECA covered loan… Read More
Boskalis has today financed its mega suction cutter dredger Krios through an innovative Export Credit Agency (ECA) covered loan. This marks the first ECA insured financing of its kind in the Netherlands. With this EUR 121 million facility, Boskalis has refinanced a substantial part of the construction costs of the Krios. The ECA covered loan… Read More