Friday, September 12, 2014

Seattle Port Receives $20 Million Grant

By Mark Edward Nero

The Port of Seattle will receive $20 million from the US Department of Transportation as part of the Transportation Investment Generating Economic Recovery (TIGER) grant program, Sen. Patty Murray revealed Sept. 9.

This investment will go toward modernizing the port’s Terminal 46, a container terminal that serves as a critical export hub and economic engine in Washington State.

“This investment will provide a major boost to the Port’s efforts to lay down a strong foundation for long-term economic growth and job creation throughout the region, which is exactly what I created these TIGER grants to accomplish,” Murray said. “Modernizing Terminal 46 will protect and leverage the investments we’ve made at the Port of Seattle and will help Washington State maintain its cargo leadership for decades to come.”

The TIGER Grant Program was created by Murray in 2009 to provide competitively awarded grants through the US Department of Transportation to transportation projects throughout the country that support economic growth and employ local workers.

The Murray-authored program had provided about $3.5 billion in job-creating transportation projects in every corner of the country before this latest round of investments, which includes $600 million more in critical projects.

Components of the Terminal 46 project include dock rehabilitation, paving, crude rail extension, road improvements and public shoreline access development. Investments are being made at T46 by the port to address maintenance issues that threaten the reliability, cost-effectiveness and efficiency of the trade corridor and to compete with upgrades at Canadian ports.

Maintenance conducted during the project are expected to extend the service life of T46 by 25 to 30 years and make enhancements enabling the terminal to service two super post-Panamax vessels simultaneously.