News & Events

Alaska Journal of Commerce
By: Elwood Brehmer

The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure.

The eight companies that make up the informal “Port of Alaska Users Group” sent similar letters to Anchorage Mayor Ethan Berkowitz June 28 and members of the Anchorage Assembly July 12 urging them to stop advancing work to build a new petroleum and cement terminal.

They contend the municipality’s plan to start building the roughly $220 million petroleum and cement import terminal, or PCT, without having a way to pay for all of it would leave the city with a “trestle to nowhere,” according to the July 12 letter to the Assembly, and could invite tariff increases that would impact business at Anchorage’s other logistics hub.

Read Full Story Here:
http://www.alaskajournal.com/2019-07-17/more-quake-damage-adds-troubles-port-alaska