Global Maritime Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Ports and Terminals

Ports infrastructure investment opportunities

Ports rebounding from pandemic offer large contracts

Editor by Editor
2 years ago
min read4 min
ports infrastructure
Share on FacebookShare on TwitterShare on Linkedin

It is easy for government contractors to overlook opportunities related to ports in the United States. That should not happen though because ports throughout the country have seen a surge in imports over the last several years, and many of them – undaunted by the pandemic – are launching projects that require private-sector partners.

RELATED POSTS

Port congestion ties up ship capacity, but not enough to stop Asia-Europe rate drop

Port congestion ties up ship capacity, but not enough to stop Asia-Europe rate drop

4 months ago
Global-Liner-Performance

Global liner performance: schedule reliability continues to improve in August 2022

4 months ago
supply-chain

Southeast Asian ports record more action ahead of peak season

5 months ago

Take a look at some of these upcoming contracting opportunities.

California

Officials at the Port of Los Angeles are preparing to launch a $24 million project that includes construction of a pedestrian bridge and the development of a 12-acre entry plaza. The bridge design is underway now and will be completed in spring 2021. Design of the railyard expansion, which includes the construction of five new tracks, enhancement of three existing tracks, land preparation and more is scheduled to be completed in 2021. Construction will begin in 2022 on projects that are estimated to cost approximately $40.5 million.

Maine

In 2020, the governor of Maine designated the port of Searsport to support the transportation, assembly, and fabrication of offshore wind turbines and called for a study to further analyze related needs. The study will include recommendations related to port upgrades, and a public-private partnership venture will be considered. Once the study is complete more decisions will be made and contracting opportunities will be outlined with projected costs. Dredging the commercial channel of Searsport, which serves Mack Point, is planned.

Washington State

The Port of Everett’s Capital Improvement Plan outlines plans for development of the Everett waterfront. The objective will be to improve and enhance the area for commerce while developing it as well for recreation for citizens and visitors. The plan includes 74 projects and many that will be launched in 2021. A sampling of upcoming contracting opportunities includes:

Construction of a Norton Terminal and finalizing upland cleanup in 2021 at a cost of $33.4 million.
Development of a new waterfront community area which will begin with the initial infrastructure, construction of new retail buildings, enhancing the wharf’s edge infrastructure, and enhancement of the Millwright District Infrastructure at a cost of approximately $25.7 million.

Development and implementation of a comprehensive marina services plan which will include fuel dock reconstruction planning and Central A Dock rebuild planning at a cost of $546,000.
Construction of additional restroom facilities and new parking infrastructure.
No alt text provided for this image

New York

The Port Authority of New York/ and New Jersey has announced plans to transform the busiest bus terminal in the county. Plans are in place to spend as much as $10 billion on the port’s 70-year-old bus terminal in Midtown Manhattan. The project may include selling rights for the construction of a commercial tower on top of the expanded terminal and possibly the three other high-rises nearby.

The plan requires environmental reviews and then officials will apply for federal funding. Many contracting opportunities will result. Port Authority officials say that the new terminal needs to have the capacity of handling 1,000 buses. Currently, the facility manages about 850 buses. The plan also calls for charging equipment for electric buses.

Texas

The Port of Houston’s planning documents provide for capital projects to enhance the port’s waterway, industrial property, roadways, rail infrastructure, and its port facility. In 2020, the port was awarded more than $100 million in federal grants for these types of projects. And some of the immediate plans include:

An expansion of its shipping channel.
Improvement of its dredged material placement areas.
Rehabilitation of the Barbours Cut Terminal Wharf 4.
Refurbishment of the Barbours Cut Terminal Container Yards 3 and 4.
Construction at the Bayport Terminal Wharves 6 and 7 location.
Expansion and drainage work at the Bayport Port Road area.
Development surrounding the Bayport Complex.
Maintenance and upgrading of a multipurpose port facility.

The Port of Galveston has announced a bulkhead replacement and mooring upgrade project which has an estimated cost of $17.3 million. In 2023, a slip fill project has a projected cost of $16.1 million. Another project at Pelican Island in 2023 has a cost estimate of $21.2 million, and an auto processing berth project has a price tag of $30 million. Within the next 10 years, expect contracting opportunities for several projects that each has a cost estimate of more than $100 million.

Florida

Officials at the Port of Miami plan to invest $756.8 million for six new cruise terminals over the next five years. Planning documents also call for these large projects within the next several years:

  • Improvements to Seaport channels as a result of the new terminal additions at the Port of Miami with costs estimated at $131.5 million;
  • Development of a state‐of‐the‐art inspection and fumigation facility in conjunction with Miami‐Dade Seaport at a cost of $70 million;
  • Preparation work for a new future terminal building at a cost of $63 million;
  • Construction of a new road to handle increased traffic at the new terminals with a price tag of $58 million; and
  • Construction of a new facility for Immigration and Customs Enforcement Operations which is projected to cost $24 million.

Companies that can provide the types of services that port officials will be seeking over the next several years should pay close attention to these opportunities and others across the U.S. Upcoming public-private contracting engagements at ports promise the potential for billions of dollars in new business for private-sector firms.

Source: Mary Scott Nabers

Connect on LinkedIn

Tags: Infrastructure investmentMary Scott NabersPort investment plans
Editor

Editor

Related Posts

Port congestion ties up ship capacity, but not enough to stop Asia-Europe rate drop
Ports and Terminals

Port congestion ties up ship capacity, but not enough to stop Asia-Europe rate drop

4 months ago
Global-Liner-Performance
Ports and Terminals

Global liner performance: schedule reliability continues to improve in August 2022

4 months ago
supply-chain
Ports and Terminals

Southeast Asian ports record more action ahead of peak season

5 months ago
global shipping
Ports and Terminals

Shipping lines and container owners in the US struggle to return empty containers to China

5 months ago
Strikes at Northern European ports add to supply chain disruption
Ports and Terminals

Strikes at Northern European ports add to supply chain disruption

5 months ago
blank-sailings
Ports and Terminals

Alliances have preferential services for blank sailings

6 months ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

January 13, 2023
Boxship-Sale-and-Purchase

Boxship Sale and Purchase market shrinks by 50% in 2022

January 12, 2023
MSC,-CMA-CGM,-Evergreen-and-ZIM

MSC, CMA CGM, Evergreen and ZIM strongest growers in 2022

January 5, 2023

Recent Post

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 04, 2023

January 26, 2023
Containership-demolition-sales

Containership demolition sales fall to 17-year low in 2022

January 26, 2023
Asia-Europe-sailings

Asia-Europe: 27% of sailings axed in first seven weeks of 2023

January 19, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 03, 2023.

January 19, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

January 13, 2023
Boxship-Sale-and-Purchase

Boxship Sale and Purchase market shrinks by 50% in 2022

January 12, 2023

Online platform for sharing information & analysis on trade, shipping, ports and the maritime business more info

Categories

  • Shipping Economic Trends & Regions
  • Ports & Terminals
  • Piracy & Security
  • Emissions, Fuel Technology & Environment
  • Economic Impact
  • Financing
  • Ship Building
  • Hinterland & Intermodal
  • Offshore Vessels
  • Port Environmental Impact
  • Shipping Workforce

Recent Posts

MABUX: Bunker Weekly Outlook, Week 04, 2023

Containership demolition sales fall to 17-year low in 2022

Asia-Europe: 27% of sailings axed in first seven weeks of 2023

Weekly Updates

Sign up to receive our weekly newsletter (each Thursday) with new shipping industry market reports, presentations & analysis.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalMaritimeHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 GlobalMaritimeHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!