Paulsboro Marine Terminal News

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…

U.S. offshore wind developer Atlantic Shores, a 50:50 partnership between Shell and EDF, has executed a Pre-Commitment and Capacity Reservation Agreement (PCCRA) with EEW American Offshore Structures Inc. (EEW-AOS) to serve as the manufacturing company for monopiles on its 1.5 GW offshore wind project.Located approximately 10–20 miles off the coast of Atlantic City, New Jersey, Atlantic Shores Project 1 will generate electricity for more than 700,000 households.According to the wind farm developer, the project will bring $848 million in guaranteed local economic benefits to the state.

Holt Logistics Corp. says it has entered into a partnership with the South Jersey Port Corporation (SJPC) for the construction of a new, state-of-the-art marine terminal in Paulsboro, New Jersey. The announcement was made at a press conference attended by Governor Chris Christie, Senate President Stephen Sweeney, the Board and staff of the South Jersey Port Corporation, various Gloucester County executives and representatives of Holt Logistics at the future site of the facility, located at the former Paulsboro BP refinery on the banks of the Delaware River in Paulsboro, Gloucester County. The planned 190-acre facility will be the first new multi-purpose marine terminal to be constructed on the Delaware River in over 30 years…