Two Great Lakes Ports Receive MARAD Funding
The Agricultural Maritime Export Facility at Port Milwaukee will receive $9,276,352 in funding for Phase 2 of its expansion project. The money will be used to construct two grain storage silos, make electrical service upgrades and fund the purchase of additional grain and cargo handling equipment to expand the capacity of the port to handle the movement of grain commodities.
The Port of Ogdensburg received $5,107,649 in funding for its terminal expansion project. The project includes an approximately 435-linear-foot expansion of the Port of Ogdensburg’s main dock terminal along with installation of a mooring dolphin system and associated dredging necessary to establish a new roughly 100-foot-wide by 500-foot-long berthing area immediately adjacent to the new terminal dock wall structure.
Projects were selected based on their ability to improve the safety, efficiency or reliability of the movement of goods, as well as how well they would improve port resilience. Other factors included the amount of non-federal funding an applicant committed to the project and how well the project enhanced economic vitality, supported workforce development and addressed climate change and sustainability.
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced plans to invest $653 million in 41 port improvement projects across the nation, including two along the Great Lakes. As... Read More