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

Anchorage receives $25M grant for Port of Alaska upgrades

Anchorage receives $25M grant for Port of Alaska upgrades

Seattle Times
By: The Associated Press

Anchorage has been awarded a $25 million grant to assist with upgrades to the Port of Alaska, officials said.

The U.S. Department of Transportation grant will help fund construction of a new $214 million petroleum and cement terminal that is part of a $2 billion modernization project.

An estimated 85% of Alaska’s homes and businesses rely on cargo from the port, which has fallen into disrepair over the years.

State and other federal funds Continue reading

Alaska Public Media
By: Zachariah Hughes

The Port of Alaska is getting $25 million in federal funds to help improve and modernize. The money was announced Wednesday by Alaska’s congressional delegation. It was awarded by a grant from the U.S. Department of Transportation. Though it’s only a small piece of what’s needed for essential upgrades, officials in Anchorage are pleased.

“It was a very competitive process, but we are happy to receive the maximum award,” said Anchorage Municipal Continue reading

$25M grant awarded for Port of Alaska project

$25M grant awarded for Port of Alaska project

KTVA News
By: Joe Vigil

Alaska’s congressional delegation is announcing a $25 million grant that will help offset the costs of the Port of Alaska’s $2 billion modernization project.

“The Port of Alaska – which provides the vast majority of the food, construction materials, fuel, and other vital goods that Alaskans rely on – is in danger from crumbling infrastructure,” the delegation wrote in a news release Wednesday.

U.S. Sens. Lisa Murkowski and Dan Sullivan plus Rep. Don Continue reading

Anchorage lands $25M grant for construction of cement and petroleum terminal at port

Anchorage lands $25M grant for construction of cement and petroleum terminal at port

Anchorage Daily News
By: Aubrey Wieber

The city of Anchorage has been awarded a $25 million federal grant to help pay for fixing the damaged Port of Alaska.

The money will be used to construct a new petroleum and cement terminal, a $214 million project, Mayor Ethan Berkowitz said Wednesday.

“This enhances Anchorage and Alaska’s resilience in the face of any disruptions such as earthquakes,” Berkowitz said.

The grant from the U.S. Department of Transportation helps offset an $80 million Continue reading