Posted on December 11, 2018
The Port of Redwood City announced the allocation of $7.95 million from the U.S. Army Corps of Engineers that advances a critical federal dredging project in 2019 that will ensure continued ship access and further economic activity to the Silicon Valley region.
Dredging allows the port to better support existing customers, grow operations serving larger cargo vessels in the future and move more cargo by ship, which takes trucks off the road, alleviating congestion and reducing gas emissions. The Port of Redwood City is the only deep-water port in the South San Francisco Bay, with a channel depth of 30 feet mean lower low water. The port recently announced their best year in history generating $8.6 million in revenue and over 2.3 million metric tons of cargo moving across the Port docks, a 49 percent increase in cargo over the prior year. The last record-breaking year was in 2005, which generated 1.9 million metric tons of cargo. The Port anticipates continued growth in revenue and cargo activities in 2019, according to the port.
Source: The Daily Journal
