WTC Towers Approved in Deal for New Bayonne Bridge

Friday, August 27, 2010

According to an August 26 report from www.NorthJersey.com, the Port Authority agreed to allow developer Larry Silverstein to build office towers at the World Trade Center site, with the help of more than $1b in public financing and subsidies. At the same time, state and local officials have called on the Port Authority to begin work to raise the Bayonne Bridge, noting that container ships have grown in size and need more room to pass under the span. The Port Authority has been studying ways to accommodate the larger ships once a widening of the Panama Canal is finished this decade. Last year, the U.S. Army Corps of Engineers said raising the bridge to 215 ft, or 60 ft higher, would be the best solution.

(Source: www.NorthJersey.com)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

Diana Charters Out Two Bulkers

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels,

Long Beach Port Maintains Strong Bond Rating

Fitch Ratings, one of the top three U.S. credit analysis agencies, has affirmed the Port of Long Beach’s “AA” rating on its outstanding debt. Fitch stated the AA rating — its highest for U.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0832 sec (12 req/sec)