Saturday, April 18, 2009

US ports receive government grants

With US President Obama’s American Recovery and Reinvestment Act of 2009 now on a roll, American ports can apply for funds totalling US$787.

So far, the Port of Tacoma has been allocated US$15.4 million while the Port of Portland will receive US$16.13 million for projects including a US$8.9 million crane modernisation project. The Port of Corpus Christi has been granted US$8.5 million for surrounding road improvements and the Port of Oakland will receive US$32 million, most of which will be allocated towards its harbour deepening project.
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