US Awards More than $653 Million for Port Projects
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP).The investments—part of the largest dedicated funding for ports and waterways in history, nearly $17 billion through the President’s Bipartisan Infrastructure Law—are intended to help grow capacity and increase efficiency at coastal seaports, Great Lakes ports and inland…
Portland Gets Boost from Oil Rig Project
Portland’s marine commercial shipbuilding industry is getting a boost thanks in part to construction of the “Pride Portland” and the “Pride Rio de Janeiro,” two huge oil rigs built by crews working for Cianbro and funded with a $342 million loan guarantee from the U.S. Maritime Administration (MARAD). Maritime Administrator Captain William G. Schubert recently visited the “Amethyst Project” at the terminal where the two 12,000 ton oil rigs that symbolize the city’s revitalization efforts were constructed.
Portland Waterfront Gets Boost from Oil Rig Construction Project
Portland’s marine commercial shipbuilding industry is getting a boost thanks in part to construction of the “Pride Portland” and the “Pride Rio de Janeiro,” two huge oil rigs built by crews working for Cianbro and funded with a $342 million loan guarantee from the U.S. Maritime Administration (MARAD). Maritime Administrator Captain William G. Schubert today visited the “Amethyst Project” at the terminal where the two 12,000 ton oil rigs that symbolize the city’s revitalization efforts were constructed. Captain Schubert called the working waterfront an asset that will provide jobs and keep America moving. “This project alone has employed close to 1…
Blue Marlin Arrives In Portland Harbor
The world's largest submersible lift ship arrived in Portland Harbor today at 10:00 a.m. where it docked at the International Marine Terminal. Measuring 712 ft. (217 m), the vessel is owned by Offshore Heavy Transport (OHT) of Lysaker, Norway. Viktor Lenac Shipyard in Rijekak, Croatia has chartered the vessel to lift and carry the 50-year-old 844-ft. (257.2 m) dry dock, used by the Bath Iron Works (Portland) Ship Repair Facility. The Croatian yard purchased the dry dock from the State of Maine for $3 million earlier this month. It is scheduled for renovations for eventual use in the Croatian shipbuilding and repair industry. During the first week of May, the dry dock is scheduled to be moved to the Maine State Pier and divided into two sections.
