US Awards Nearly $3 Billion for Clean Port Projects

Tuesday, October 29, 2024

U.S. President Joe Biden on Tuesday announced a $3 billion investment from his Inflation Reduction Act to improve the country's port infrastructure.

The investment includes $147 million in awards for the Maryland Port Administration, which owns the Port of Baltimore, the White House said in a statement.

The funding will be used to create union jobs and upgrade port infrastructure to cleaner equipment, the statement added.

The announcement comes after the three day port strike on the U.S. East Coast and Gulf Coast earlier this month, where work stoppage briefly halted the flow of about half the country's ocean shipping.


(Reporting by Disha Mishra, editing by Ed Osmond and Jason Neely)

Categories: Ports North America Americas Green Ports

Related Stories

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Boskalis, Van Oord to Expand Swedish Port with $570M Dredging Job

Cavotec Inks Southern California Shore Power Order

Current News

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Subscribe for Maritime Logistics Professional E‑News