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 →

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 →

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 →

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 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 →

By Derek Minemyer
KTUU News

Repair work to earthquake-damaged piling at the Port of Alaska is wrapping up ahead of winter, and port managers are looking at what comes next.

Engineer inspections performed after the 2019 snow melt revealed more damage than port managers could see in the aftermath of the earthquake. They found that 20 percent of piles holding up POL2, a dock receiving petroleum, oil and cement imports, had failed. This failure was so severe that the Continue reading →

By Kristen Durand
KTUU News

The Port Commission voted on a plan to finance a project that would bring part of the Port of Alaska – which handles about half of all Alaska inbound marine cargo – to fully operational status. The $81 million project would be partially funded by a raise in tariffs.

The current tariff at the port will be expiring at the end of the year, so Wednesday the commission met to discuss those changes, as Continue reading →

By: Elwood Brehmer
Alaska Journal of Commerce

The traditionally mundane process of updating the fees charged to use the Port of Alaska has turned contentious as city officials search for ways to pay for repairing the ailing docks.

Anchorage Municipal Manager Bill Falsey told the Anchorage Assembly’s Enterprise and Utility Oversight Committee Oct. 17 that port managers had come up with four basic options for updating the tariffs levied on the goods and materials that cross the docks Continue reading →