Professional Mariner Article: Coast Guard Receives Historic $25 billion Investment
The $2.3 billion Port of Coos Bay and NorthPoint Development project aims to transform Oregon’s south coast with a new international cargo ship and rail terminal, expected to create 2,500 permanent jobs and another 2,500 temporary construction positions. Backed by $100 million in state funding and nearly $60 million in recent federal grants, the project will widen and deepen the channel for deep-water shipping, enabling large cargo vessels to connect with rail lines serving cities like Eugene and beyond. While the project faces environmental concerns, state and federal support signal strong momentum, with construction targeted to begin in time for a 2030 opening.
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Original Article from DredgeWire | Article Author: DredgeWire Staff
