US Port Projects Win USD 61.8 Million in TIGER Grants

Image Courtesy: AAPA

Six commercial seaports or projects, that directly aid the efficient movement of goods to and from America’s ports, have been awarded a total of USD 61.8 million in funding, American Association of Port Authorities (AAPA) said.

The funding was awarded as part of the fiscal year 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

The six projects receiving awards in the eighth round of TIGER grants are the Port of Albany, Virgin Islands Port Authority, Port of Everett, Port Authority of Guam, Port of Portland and Little Rock Port Authority, Arkansas.

AAPA President and CEO Kurt Nagle said that direct funding for maritime infrastructure projects, including connections to ports, “will improve freight mobility which helps reduce transportation costs and makes U.S. exports more attractive to overseas buyers.”

In this round of grants, the ports received about 12.36 percent of the total funding of nearly USD 500 million.

In TIGER’s first round in fiscal 2009, port-related infrastructure projects received about 8.6 percent of the original USD 1.5 billion allocated.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >