Latest News for: Port funding


Florida Port Directors Ready for Waves of Infrastructure Improvements and Revenue Recovery from Investments

Space Coast Daily 30 Jul 2021
Port Canaveral will receive $72.21 million from American Rescue Plan Act funds ... This funding fills in for revenue losses and also supports job creation by investing in port infrastructure, which will generate lasting impacts within the State of Florida. Here is what community leaders and port directors are saying about the funding announcement.

Transportation Secretary Buttigieg visits Port of Baltimore to tout President Biden’s infrastructure plan

Carroll County Times 30 Jul 2021
“You see how much more that could be done if the funding were there,” Buttigieg remarked after touring Seagirt Marine Terminal, the port’s bustling container terminal, and Dundalk Marine Terminal, the port’s largest general cargo facility ... That funding will be used to increase the ...

Port A gets grant from Ardagh for ‘Project Lead the Way’

The Bradford Era 30 Jul 2021
PORT ALLEGANY — The Port Allegany School District announced that it will offer Project Lead The Way’s (PLTW) PreK-5 program, PLTW Launch ... The Port Allegany Elementary School is joining more than 12,200 schools across the U.S ... Ardagh Group has pledged $20,000 in funding to the Port Allegany Elementary School for PLTW programs over the next two years.

Cedar: Q2 Earnings Snapshot

Finger Lakes Times 30 Jul 2021
PORT WASHINGTON, N.Y ... The Port Washington, New York-based real estate investment trust said it had funds from operations of $8.5 million, or 61 cents per share, in the period ... Funds from operations is a closely watched measure in the REIT industry.

Imperial is acquiring transport operator J&J Group for R4.4 billion

Independent online (SA) 30 Jul 2021
The deal comes just as Imperial prepares to fall under new ownership following the R12.7bn cash bid by Dubai-based ports operator DP World Logistics to buy Imperial ... The deal would be funded out of cash resources and existing debt facilities and would take place in three tranches, with Imperial initially acquiring 51 percent of the shares of J&J.

Singapore maritime decarbonistion centre established from 1 August

Seatrade Maritime News 30 Jul 2021
The SGD120m ($90m) centre was announced it April with funding from the Maritime & Port Authority of Singapore (MPA) and initial industry partners BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express.

OMERS to buy 19.36% in Azure Power Global

Live Mint 30 Jul 2021
In what may rank among the largest clean energy deals in India, Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS) is set to buy around 19.36% in NYSE-listed Azure Power Global Ltd ... is one of the few pension funds India has granted income tax exemption in May this year for infrastructure investments in India.

Infrastructure debate gets boost from bipartisan bridge building

Bangor Daily News 30 Jul 2021
From repairs to our crumbling roads and bridges to funding to confront the threat of climate change and additional resources for our ports and public transit, this legislation will make a major difference in the lives of American people.”.

White House, Canada state support for new Detroit River span

Seattle PI 30 Jul 2021
“We’re committed to continuing our support to ensure the project’s state-of-the-art ports of entry are fully funded so vehicles can begin crossing the architecturally stunning cable-stayed structure once completed for the benefit of our shared prosperity,” the statement read. It comes as U.S ... Whitmer said in her own statement ... goods among countries.”.

Contractor appointed to Knowsley trade counter scheme

The Business Desk 30 Jul 2021
X Register for free to receive latest news stories direct to your inbox. Register ... Redsun completed the acquisition of the three-acre site from Knowsley Council and secured planning for the scheme in April this year ... Related Articles.   Real estate investor to fund additional logistics scheme at Ellesmere Port’s Aviator Park ... Previous Article ... .

The Roots of Tunisia’s Current Political Crisis

The Washington Institute 30 Jul 2021
After attempts to borrow and unsuccessful negotiations with Arab countries, the Tunisian state found itself forced to come before the International Monetary Fund and the World Bank to mobilize their financial resources in exchange for a clear and viable reform program for public institutions.

What the FY 2022 Defense budget request says about a future fight with China

Federal News Radio 30 Jul 2021
And one of the surprises that we’ve noticed in the budget is that the Navy is continuing to invest in operate funds, which is the funds you need to deploy your forces out at sea ... would be back in port [and] able to get maintenance. There is an increase in maintenance funding.

Angst grips America's most liberal city

The Hill 30 Jul 2021
Sen ... So do most of Seattle’s most prominent labor unions, which still carry tremendous weight in a city that is still home to thousands of longshoremen working the ports and machinists working the Boeing lines. A political action committee funded by those unions recently bought 20,000 pounds of one-ounce packets of dried cherries to sent to voters.

Port Canaveral Gets $72.1 Million Federal Shot in the Arm to Compensate for COVID-19 Losses

Space Coast Daily 29 Jul 2021
PORT RECEIVES American Rescue Plan FUNDS. Port Canaveral CEO John Murray and Florida Secretary of Transportation Kevin Thibault hold the check for $72.21 million from American Rescue Plan Act funds to to assist in recovery from decreased revenue in 2020, and to invest in infrastructure at Florida’s ports.

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