Support for the Port of Philadelphia Capital Investment Program

Governor Tom Wolf and Senator Bob Casey are openly showing their support for the $300 million Capital Investment Program at the Port of Philadelphia.

Yesterday, during Gov. Wolf visit to Philadelphia, elected officials and stakeholders talked and exchanged ideas about the comprehensive investment program at the port which was announced in November.

According to Gov. Wolf, by investing more than $300 million in the port’s infrastructure, warehousing, and equipment, thousands of jobs will be created. The initiative will double container capacity, position the port for future growth, improve efficiency, and increase tax revenues when it begins next year and continues through 2020.

This is one of the largest economic development projects in the state,” Sen. Casey said. “I have worked since I was elected to ensure the deepening of the Delaware River, an investment in job retention and creation for the state.”

The state’s $300 million investment is a good deal not just for the Port’s workers and for Philadelphians, but for taxpayers across the entire state,” said Philadelphia Mayor Jim Kenney.This increased capacity will be needed in the years to come, since the deepening of the Delaware River’s main navigation to prepare for bigger ships is scheduled to completed in early 2017. So we are grateful to the Wolf Administration, to state lawmakers, and of course to the hard-working men and women of the Port of Philadelphia.

About $200 million of the Capital Investment Program will be invested in the Packer Avenue Marine Terminal, the Port of Philadelphia’s largest maritime facility.

The improvements at the Packer Avenue Marine Terminal will occur at about the time that the Delaware Main Channel Deepening Project, which is deepening the port’s main shipping channel from 40 to 45 feet, will be completed.

 

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Posted on December 22, 2016

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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