USDOT Pumps $660M More Into Port Infrastructure

Wednesday, February 8, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP).

The PIDP investment is intended to help modernize the nation’s ports and strengthen supply chains.

“America’s ports play a central role in our supply chains,” said U.S. Transportation Secretary Pete Buttigieg. “With today’s announcement, we are helping make our ports safer, more efficient, and more reliable—strengthening supply chains, reducing costs for the American people, and positioning us for economic success.”

Recent projects funded include installation of fast charging stations and other port electrification components and the development of a scalable plan for transitioning the port and local maritime industry to zero-emission technologies in Jacksonville, Florida; the creation of an intermodal rail yard near an existing port terminal in Kaskaskia, Illinois; and the modernization of electric and stormwater infrastructure and warehouse capacity for the Port of Cleveland by the Cleveland-Cuyahoga County Port Authority in Cleveland, Ohio. A full list of 2022 awarded projects can be found here. 

Categories: Ports Government Update Government Infrastructure Funding

Related Stories

El Niño's Sting: Bulk Vessel Panama Canal Transits drop 22%

Ground Breaks on New Delaware Container Terminal

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

Current News

Russian Seaborne Oil Exports Rise 16.4% in August

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Strait of Hormuz Vessel Traffic Slows to a Trickle

Panama Canal Stress: Is the Worst Dead Ahead?

Subscribe for Maritime Logistics Professional E‑News