Moffatt & Nichol Assesses Philadelphia Port

Wednesday, March 11, 2009

Moffatt & Nichol announced that the Philadelphia Regional Port Authority (PRPA) has selected the firm to perform a strategic assessment of the Port’s facilities by identifying, evaluating and prioritizing the Port’s capital improvement needs. Work on the study will be performed by Moffatt & Nichol’s Baltimore and New York offices.

The objective of this study is to perform a condition inspection of the facilities owned by the PRPA to determine whether these facilities need to be rehabilitated, reconstructed or replaced over the next 10 years. The study will establish a program of phased capital improvements geared to meet both system preservation and market driven needs.

Aside from conducting waterside and landside condition inspections, to complete the study, Moffatt & Nichol, using a series of in-house models, will perform market assessments focusing on cargo and vessel forecasts, capacity analysis of existing facilities, determine facility needs to accommodate the disparity between existing capacity and forecasted growth.

The firm will also generate development options to address facility needs for market demand and system preservation as well as carry out financial assessments and estimate economic benefits for both existing facilities and proposed development options.

Moffatt & Nichol is headquartered in Long Beach, California and operates from 25 offices throughout North America, Europe, Latin America and the Pacific Rim. The firm serves a variety of public and private entities worldwide in several primary areas – ports and harbors; coastal, environmental and water resources; urban waterfronts and marinas; transportation; inspection and rehabilitation; energy; and construction management.

(www.moffattnichol.com)

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

COSCO China's Piraeus Bid Back on Track

China Ocean Shipping (Group) Co will bid for a majority stake in Greece's port of Piraeus after the country's new socialist government apparently reversed course

Sea Star Continues Puerto Rico Investments

Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico.   The

Rand Logistics Announces Debt Refinancing

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1155 sec (9 req/sec)