Pennsylvania Governor Tom Wolf announced last week a comprehensive Capital Investment Program at the Port of Philadelphia that will result in more than $300 million in investment in the Port’s infrastructure, warehousing, and equipment. This initiative, which will start next year and continue through 2020, will double container capacity and position the Port for future growth.
The program, ranking among the largest investments by a state on the East Coast, will result in doubling container capacity at the Port, provide increased breakbulk (non-containerized) cargo capacity, and bring a substantial increase in automobile-handling capacity.
About $200 million of the Capital Investment Program will be invested in the Packer Avenue Marine Terminal, the Port of Philadelphia’s largest maritime facility. These improvements will include four new electric post-Panamax container cranes, the relocation of warehouses to facilitate container growth and the construction of new ones, and a deeper 45-foot depth at the terminal’s marginal berths, to match the new 45-foot depth of the Delaware River’s main channel.
Source: Philadelphia Regional Port Authority< Return