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The U.S. Department of Transportation\u2019s Maritime Administration (MARAD) has set up a new online resource intended to help U.S. ports plan, evaluate and finance freight transportation projects.<\/p>\n
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The new Marine Highway module of the Port Planning & Investment Toolkit (Toolkit) was produced as part of a cooperative agreement between MARAD and the American Association of Port Authorities (AAPA) and is designed to be easy-to-read, easy-to-understand and easy-to-execute, helping to guide ports toward fruitful investments.<\/p>\n
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The goal of the Port Planning & Investment Toolkit is to provide U.S. ports with a common framework and examples of best practices, MARAD said. Its analytical tools and guidance are designed to aid ports in developing \u201cinvestment-grade\u201d project plans and obtaining capital for their projects in a variety of ways, including: (1) assisting metropolitan and regional planning organizations and state agencies in qualifying for formula funding or aid; (2) better positioning marine highway projects for federal aid; and (3) assisting ports in obtaining private sector investments.<\/p>\n
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\u201cThis Toolkit will help the development of future port projects and improve the nation\u2019s long-term efficiency and economic competitiveness,\u201d said U.S. Transportation Secretary Elaine L. Chao.<\/p>\n
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\u201cBy working together, we are helping to support investments in our ports that will pay dividends for years to come,\u201d said Maritime Administrator Mark H. Buzby. \u201cI am pleased that the new module of the Toolkit focuses on investments in America\u2019s Marine Highways, which can help reduce traffic congestion and related pollution by moving cargoes off our crowded highways and onto to our Nation\u2019s navigable waterways.\u201d<\/p>\n
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The marine highway module of the Port Planning & Investment Toolkit provides an overview of America\u2019s Marine Highway Program and educates readers on how marine highway services can become designated projects by USDOT. It explains how to plan a new marine highway service, determine its feasibility and identify possible funding mechanisms. This module of the Port Planning & Investment Toolkit will be updated periodically as new regulations and policies affecting marine highway planning, feasibility and investment requirements related to the applicable laws discussed in the document are developed.<\/p>\n
maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
The U.S. Department of Transportation\u2019s Maritime Administration (MARAD) has set up a new online resource intended to help U.S. ports plan, evaluate and finance freight transportation projects. The new Marine Highway module of the Port Planning & Investment Toolkit (Toolkit) was produced as part of a cooperative agreement between MARAD and the American Association of …<\/p>\n","protected":false},"author":1,"featured_media":19016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[3146,1586,1001,5339,953,12086],"class_list":["post-19015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-investment","tag-launches","tag-marad","tag-planning","tag-port","tag-toolkit"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/19015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=19015"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/19015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/19016"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=19015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=19015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=19015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}