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US Ports in Mega Funding Drive

US Ports in Mega Funding Drive

US ports are set to receive US$2.6 billion in funding for coastal navigation projects and studies, as well as $1.2 billion for jetty and maintenance dredging via an omnibus appropriations bill given by US Congress for the 2016 fiscal year, which will soon be passed on to President Obama, according to the Journal of Commerce.

The funding also aims to ensure that harbours at ports are dredged to federally authorised depths and increase capabilities for containership handling.

A Transportation Infrastructure Generating Economic Recovery program could also allow ports to receive $500 million for freight projects.

Read an insight into US port performance

The AAPA said in a statement: “Additionally, we were pleased to see that the conference agreement approved up to seven new navigation planning studies and six new navigation construction starts for America’s 21st century maritime infrastructure.”

It was previously reported that US ports would receive close to $11 billion for funding freight programs as part of a $305 billion plan set out by the US conference committee. 



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