Partner News: Philly Port is poised to get new cranes, bigger ships, more cargo, and more jobs

"These are as big as the cranes at the New York harbor. We’ll be able to compete with anyone on the East Coast."

  — Jeff Theobald, the Philadelphia Regional Port Authority’s Chief Executive Officer

Philly port is poised to get new cranes, bigger ships, more cargo, and more jobs
Linda Loyd / Philadelphia Inquirer

​More cars, more containerized freight, and more cargo such as wood pulp and lumber will all be arriving on larger ships and creating more jobs.

The Port of Philadelphia is getting its first major capital investment in four decades for terminals, wharfs, and cargo cranes, with a $300 million cash infusion from the Wolf administration. The state is landlord and owner of 16 piers and terminals on the Delaware River.
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Fixing ship berths, buying new cranes, updating and relocating warehouses, and doubling cargo-handling space is expected to create 2,000 waterfront jobs, and nearly 7,000 total jobs for truckers, rail workers, suppliers, and port-related businesses...
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 Full Article  (via Philly.com)

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​Breakdown of the Improvements
Linda Loyd / Philadelphia Inquirer

​Here’s how the $293 million (plus money for engineering and design costs) will be spent:

Packer terminal
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Packer terminal is getting four new "post Panamax" container cranes, at $12.5 million each. They are comparable to cranes in the world's largest seaports. Warehouses on dock will be demolished with new ones built off site to free up acreage for containers. Ship berths will be dredged deeper to 45 feet to match the 45-foot channel depth in Delaware...

 Full Article (via Philly.com)