A development at the Port of Philadelphia moved closer with the appearance of United States Senator
Arlen Specter confirming the government's commitment to fund the 45-ft. Delaware River dredging
Absent from the event but ever-present in spirit was Pennsylvania Governor
Edward Rendell, a major supporter of the $300 million dredging, who was able
to convince New Jersey Governor Jon Corzine to support the effort as well.
The channel's current depth of 40 ft. has been the same since 1941. The
channel's new depth will reach 45 ft. With $66 million already secured,
Specter confirmed that the project could begin, as the balance needed from
the federal government will be forthcoming. The state of Pennsylvania will fund about $170m.