DOT awards $20 million infrastructure development grant to Port of Alaska

DOT awards $20 million infrastructure development grant to Port of Alaska

KTVA News
By: Joe Vigil

Anchorage municipal manager Bill Falsey called Tuesday a “good day” after it was announced that the U.S. Department of Transportation awarded a $20 million infrastructure development grant to the Port of Alaska.

Municipal leaders say the Port Infrastructure Development Program grant is on top of a $25 million Better Utilizing Investment to Leverage Development grant DOT awarded last November.

The grant will go toward the port’s modernization project, which includes construction of a Continue reading

Another bump in federal cash coming to the corroding Port of Alaska

Another bump in federal cash coming to the corroding Port of Alaska

Alaska Public Media
By: Zachariah Hughes

The Port of Alaska is getting another boost in federal funding.

U.S. Sen. Dan Sullivan’s office announced Tuesday that the federal Department of Transportation Maritime Administration is awarding a $20 million grant to pay for infrastructure improvements.

“This grant will help restore the Port of Alaska’s status as a safe, cost-effective, reliable and resilient piece of infrastructure,” Sullivan said.

This follows a separate $25 million grant from the Department of Transportation for the Continue reading

MARAD grants the Municipality of Anchorage $20 million for Port of Alaska project

MARAD grants the Municipality of Anchorage $20 million for Port of Alaska project

ANCHORAGE, AK— The U.S. Department of Transportation Maritime Administration (MARAD) announced today that it awarded a $20 million infrastructure development grant to help replace aging Port of Alaska docks.

MARAD’s Port Infrastructure Development Program (PIDP) offered $292.7 million in nationwide grant opportunities in 2019 to pay up to 80 percent of project costs for U.S. coastal seaport improvements. Port of Alaska applied for PIDP funding to help offset construction costs of its new petroleum and cement terminal (PCT) that starts Continue reading

New tariffs on commodities take effect at the Port of Alaska

The Associated Press

The cost of operating some businesses at the Port of Alaska is expected to increase following new tariffs on commodities that took effect with the onset of the new year.

The Anchorage Assembly unanimously approved the tariff increases Dec. 17, The Alaska Journal of Commerce reported Tuesday.

The tariff hikes include charges on fuel that will increase 4 to 5 cents per year to reach 56.3 cents per barrel by 2029. The final tariff on Continue reading

Tariff increases funding Port of Alaska expansion take effect

Tariff increases funding Port of Alaska expansion take effect

Anchorage Daily News
Author: Elwood Brehmer , Alaska Journal of Commerce

It’s a little more expensive for most companies to move fuel and cement across the docks at the Anchorage port.

The Anchorage Assembly approved new tariffs on the commodities on Dec. 17. While the import charges are regularly updated to account for inflation and operational costs at the port — renamed the Port of Alaska in 2017 — the latest tariff hike is significantly greater than normal Continue reading

Assembly approves tariff increase to fund Port of Alaska work

Assembly approves tariff increase to fund Port of Alaska work

Alaska Journal of Commerce
By: Elwood Brehmer

Beginning Jan. 1 it will be a little more expensive for most companies to move fuel and cement across the docks at the Anchorage port.

That’s because the Anchorage Assembly approved new tariffs on the commodities on Dec. 17. While the import charges are regularly updated to account for inflation and operational costs at the port — renamed the Port of Alaska in 2017 — the latest tariff hike is significantly greater than Continue reading

Municipal leaders ask state to borrow cash for Anchorage port and other harbor projects

Municipal leaders ask state to borrow cash for Anchorage port and other harbor projects

Anchorage Daily News
Author: James Brooks

The Alaska Municipal League is asking state lawmakers to take out a loan to pay for needed port and harbor improvements across Alaska, including work at the Port of Alaska in Anchorage.

But top lawmakers aren’t yet willing to go along, saying the state first needs to resolve a $1.5 billion deficit forecast for the fiscal year that starts July 1.

Alaska has slashed its capital budget for years, leading to a billion-dollar Continue reading

Port of Alaska discusses 7.1 earthquake and efforts to minimize damage in another quake

Port of Alaska discusses 7.1 earthquake and efforts to minimize damage in another quake

KTVA News
By: Joe Vigil

The Port of Alaska recently showed KTVA damage from the 7.1 earthquake. Several piles, which hold up docks at the port, split at the weld points.

“It’s put together like a paper towel roll, like those Pillsbury rolls, dinner rolls,” said Port Director Steve Ribuffo.

Ribuffo added, “You can’t use that anymore because once it’s untwisted you can’t twist it back and weld it back.”

The port has been working to repair piles, with Continue reading

$25 million for port Fed grant helps fund petroleum, cement dock, but tariff increases remain

$25 million for port Fed grant helps fund petroleum, cement dock, but tariff increases remain

Petroleum News
By: Steve Sutherlin

The Port of Alaska has garnered a $25 million grant from the federal “Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program,” to build the third and final phase of an upgrade to its petroleum products and cement handling facilities, U.S. Secretary of Transportation Elaine L. Chao said Nov. 12.

The cost of the project is $81 million, based on current engineering projections, said Jim Jager, director of external affairs for the port. Continue reading

Anchorage secures $25M grant for Port of Alaska

Anchorage secures $25M grant for Port of Alaska

Alaska Journal of Commerce
By: Elwood Brehmer

Anchorage is getting a $25 million shot in the arm to help rebuild its long beleaguered port.

Municipal officials announced Nov. 6 that they will receive a $25 million grant from the federal Department of Transportation to help complete the $214 million petroleum and cement terminal the Anchorage Assembly approved construction of earlier this year.

The money is coming from the federal agency’s Better Utilizing Investment to Leverage Development, or BUILD, Grant program. Continue reading