Vi Port Authority Board Oks Overruns For Dredging

The board of the Virgin Islands port authority has covered a US$2.2 million overrun in the cost of dredging around the cruise piers at the Austin Monsanto Cruise Terminal by approving reallocating funds from the 2014 Marine Capital Programme bond series.
Besides, a contract has been approved to begin a feasibility study immediately to identify at least two options for the location of a second cruise ship dock in Crown Bay, St. Thomas.
In 2014, the funding for the dredging came from bonds was issued. The board has budgeted an An initial US$3.5 million for the dredging of the entryway to the Port Authority’s cruise terminal on St Thomas. But the project is costing more than they expected before.