March 10th, 2020
New grants will provide critical infrastructure support
HOUSTON – U.S. Secretary of Transportation Elaine L. Chao today joined Port Houston officials at Port Houston to formally award more than $39 million in grant funding from the U.S. Department of Transportation’s Maritime Administration (MARAD) to two Texas ports. This funding comes by way of nearly $280 million in discretionary grant funding awarded under the Department’s Port Infrastructure Development Program, which aims to improve port facilities at or near coastal seaports across America.
“Ports are gateways to the world and port infrastructure investments will improve the regional economy, increase productivity and economic competitiveness, and create more jobs,†said U.S. Transportation Secretary Elaine L. Chao.
Port Houston will receive more than $21.8 million to develop 1,000 linear feet of green space site into a wharf at the Bayport Terminal at Port Houston. This development includes installation of crane rail to facilitate the ability of existing cranes to operate on the newly developed wharf space. This project will enable the terminal to handle 2.4 million Twenty-Foot Equivalent Unit (TEU) container ships annually.
The Port of Corpus Christi will receive $17.6 million to fund Phase 1 of their plan to refurbish docks at the Avery Point terminal that is used by a number of the port’s customers to transload petroleum products. The project will double the capacity of Oil Dock 3, enabling the port to meet the growing demand for berth space to support exports of refined petroleum products. This project is located in an Opportunity Zone.
The Port Infrastructure Development Program supports efforts by ports and industry stakeholders to improve facility and freight infrastructure to ensure our nation’s freight transportation needs, present and future, are met. The program provides capital financing and project management assistance to improve port capacity and efficiency. Of the 15 projects that were awarded grants nationwide, six are located in Opportunity Zones, which were created to revitalize economically distressed communities using private investments.
“We are very excited to have the opportunity to work more directly with America’s ports to enhance their facilities,†said Maritime Administrator Mark H. Buzby. “The grants awarded will ensure that these facilities are operating at their highest, most productive capacities.â€
The United States relies heavily on its maritime services and infrastructure. Our ports are an unsung economic boon, directly and indirectly providing countless jobs for Americans. Improving these facilities benefits the American economy and increases the capacity and efficiency of our transportation and supply network nationwide. back...
HOUSTON – U.S. Secretary of Transportation Elaine L. Chao today joined Port Houston officials at Port Houston to formally award more than $39 million in grant funding from the U.S. Department of Transportation’s Maritime Administration (MARAD) to two Texas ports. This funding comes by way of nearly $280 million in discretionary grant funding awarded under the Department’s Port Infrastructure Development Program, which aims to improve port facilities at or near coastal seaports across America.
“Ports are gateways to the world and port infrastructure investments will improve the regional economy, increase productivity and economic competitiveness, and create more jobs,†said U.S. Transportation Secretary Elaine L. Chao.
Port Houston will receive more than $21.8 million to develop 1,000 linear feet of green space site into a wharf at the Bayport Terminal at Port Houston. This development includes installation of crane rail to facilitate the ability of existing cranes to operate on the newly developed wharf space. This project will enable the terminal to handle 2.4 million Twenty-Foot Equivalent Unit (TEU) container ships annually.
The Port of Corpus Christi will receive $17.6 million to fund Phase 1 of their plan to refurbish docks at the Avery Point terminal that is used by a number of the port’s customers to transload petroleum products. The project will double the capacity of Oil Dock 3, enabling the port to meet the growing demand for berth space to support exports of refined petroleum products. This project is located in an Opportunity Zone.
The Port Infrastructure Development Program supports efforts by ports and industry stakeholders to improve facility and freight infrastructure to ensure our nation’s freight transportation needs, present and future, are met. The program provides capital financing and project management assistance to improve port capacity and efficiency. Of the 15 projects that were awarded grants nationwide, six are located in Opportunity Zones, which were created to revitalize economically distressed communities using private investments.
“We are very excited to have the opportunity to work more directly with America’s ports to enhance their facilities,†said Maritime Administrator Mark H. Buzby. “The grants awarded will ensure that these facilities are operating at their highest, most productive capacities.â€
The United States relies heavily on its maritime services and infrastructure. Our ports are an unsung economic boon, directly and indirectly providing countless jobs for Americans. Improving these facilities benefits the American economy and increases the capacity and efficiency of our transportation and supply network nationwide. back...
