© Dave Proffer (CC BY 2.0)

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USA, 703 million dollars for ports

by Port News Editorial Staff

The US Department of Transportation has decided to allocate millions of dollars for ports and port infrastructure. 41 projects, worth a total of 703 million dollars, are to be financed.

Over $150 million, or 21.3% of the total, will be invested in quay electrification while another $100 million will be used to finance the development of wind-power.

The funds were made available by the 2021 Infrastructure Act. The decision taken by the Biden administration responds to the objective of making supply chains more reliable, which had proven to be rather vulnerable during the pandemic, due to the well-known dynamics that led to port congestion and significant delays in goods delivery.

Translation by Giles Foster

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