Additional $214 million Allocated for Soo Lock Construction
IIJA included $1.2 trillion to improve highway, rail, aviation, navigation, water, broadband and energy infrastructure. The law provided the Corps with $17 billion for its civil works program. In January of this year, the Biden Administration announced that $479 million of IIJA funds would be dedicated to completing construction of the new lock at the Soo. That number has now been revised to include an additional $214 million.
In late winter of this year, the Corps updated its project cost estimate for the new lock to $3 billion, surpassing the $1.4 billion earlier estimate. In July, the U.S. Senate passed the Water Resources Development Act of 2022, which includes a revised authorization for the project of $2.9 billion. These new funds are contingent upon this revised project authorization eventually being enacted by the full Congress. The new lock is currently under construction.
LNG Dual Fuel Bitumen Tanker Joins McAsphalt
McAsphalt Marine Transportation Ltd. has welcomed the McAsphalt Advantage to its fleet. Powered by liquefied natural gas (LNG), the vessel has an overall length of 459.3 feet, a beam of... Read More
Great Lakes Limestone and Iron Ore Trade in 2024
Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023. 2024’s loadings were below the trade’s five-year average by... Read More