THE State of Delaware has announced it will join Enstructure, the operator of the Port of Wilmington, to build a new port terminal in Edgemoor in a US$635 million project, reports Transport Topics of Arlington, Virginia.
'This investment to expand the port will position Delaware to compete for container cargo and larger ships. It will bring new, well-paying union jobs to Wilmington,' said state Governor John Carney.
The plan is to create a single Port Delaware that will consist of two terminals less than two miles apart: Port Delaware South (the current Port Wilmington) with a 400,000 TEU capacity and Port Delaware North (the new Edgemoor site), which will be able to handle 1.6 million TEU.
Once construction of the Edgemoor port is completed in about three years, Delaware will see its port container cargo capacity quadrupled and be able to handle larger new vessels through improvements such as deeper drafts to accommodate bigger ships along with efficient modern equipment that meets industry standards.
Construction will be done in three phases. The first phase will span more than two years and focus on waterside construction such as building a seawall and high deck as well as dredging. The terminal will be built at a higher elevation to be resilient to potential impacts from climate change.
Enstructure plans to handle construction during the second and final phases. The Edgemoor industrial site was bought in 2017 by taxpayer-owned Diamond State Port Corp, which secured permits to build the new terminal.
Delaware will fund 31 per cent ($195 million) of costs, and Enstructure will pay $170 million toward the first phase and $165 million to complete Phases 2 and 3. Federal and state funding is expected to pick up the remaining $105 million.
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'This investment to expand the port will position Delaware to compete for container cargo and larger ships. It will bring new, well-paying union jobs to Wilmington,' said state Governor John Carney.
The plan is to create a single Port Delaware that will consist of two terminals less than two miles apart: Port Delaware South (the current Port Wilmington) with a 400,000 TEU capacity and Port Delaware North (the new Edgemoor site), which will be able to handle 1.6 million TEU.
Once construction of the Edgemoor port is completed in about three years, Delaware will see its port container cargo capacity quadrupled and be able to handle larger new vessels through improvements such as deeper drafts to accommodate bigger ships along with efficient modern equipment that meets industry standards.
Construction will be done in three phases. The first phase will span more than two years and focus on waterside construction such as building a seawall and high deck as well as dredging. The terminal will be built at a higher elevation to be resilient to potential impacts from climate change.
Enstructure plans to handle construction during the second and final phases. The Edgemoor industrial site was bought in 2017 by taxpayer-owned Diamond State Port Corp, which secured permits to build the new terminal.
Delaware will fund 31 per cent ($195 million) of costs, and Enstructure will pay $170 million toward the first phase and $165 million to complete Phases 2 and 3. Federal and state funding is expected to pick up the remaining $105 million.
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