Home / Knowledge / News / Textiles / US MARAD grants $280 mn for developing port infrastructure

US MARAD grants $280 mn for developing port infrastructure

21
Feb '20
Pic: Shutterstock
Pic: Shutterstock
The US Department of Transportation’s (USDOT) Maritime Administration (MARAD) recently announced awarding more than $280 million in discretionary grant funding through the new Port Infrastructure Development Programme to improve port facilities at or near coastal seaports. The programme provides capital financing and project management assistance to improve port capacity and efficiency.

The programme supports efforts by ports and industry stakeholders to improve facility and freight infrastructure to ensure our nation’s freight transportation needs—present and future—are met. Of the 15 projects that were awarded grants, six are located in Opportunity Zones, which were created to revitalize economically distressed communities using private investments, according to a MARAD press release.

The grant recipients are the anchorage at Alaska; Long Beach, California; Los Angeles, California; Cape Canaveral, Florida; Miami-Dade County, Florida; Savannah, Georgia; LaPlace, Louisiana; Duluth, Minnesota; Harrison County, Mississippi; Cleveland, Ohio; Toledo, Ohio; Charleston, South Carolina; Corpus Christi, Texas; Houston, Texas; and Milwaukee, Wisconsin.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Textile industry, Head honchos

Textile industry
Head honchos

Quality should be the #1 priority

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Madhu Sudhan Bhageria,

Madhu Sudhan Bhageria

Incorporated in August 1990, Filatex India Ltd manufactures manmade...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search