Delaware River Deepening Project
This dredging project scheduled to be completed by the end of this year, will create a 45-foot deep channel that will enable the Port of Philadelphia to handle 95 percent of the world’s container vessels.
The value of this dredging project is about $360 million including the allocation of $29 million fron the Army Crops of Engineers.
Gov. Wolf to allocate an additional $300 million of state resources to expand the port through the relevant people’s efforts. The project will more-than-double the port’s container volume, grow our job base from 10,000 to 17,000 workers, and provide high-quality, family-sustaining jobs while generating millions of dollars in local and state tax revenue.
The news is collated by Globaldredge.com – Dredging Pipeline Supplier.