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Trump administration invests almost $500 million in US ports

The US Maritime Administration provides enormous amounts of funding to the country’s own ports. The government plans to restore America’s “maritime supremacy” – but the funding is less than before.

According to the Maritime Administration (MARAD), a total of $488.6 million is to be made available to promote the ports as part of the Port Infrastructure Development Program (PIDP). This is part of the strategy to “revitalize” the country’s ports, shipyards and general maritime facilities.

The wording refers to “American supremacy”. The funding is to flow into several projects, including increasing port capacities, streamlining supply chains, modernizing infrastructure and strengthening the fishing industry.

“The Trump administration is getting back to basics and investing hard-earned American dollars in restoring the nation’s maritime supremacy,” said US Secretary of Transportation Sean P. Duffy. “We’re refocusing on what matters – modernizing our ports with the latest technology and infrastructure to keep our economy moving.”

“Thanks to President Trump and Secretary Duffy, we are investing in much-needed port infrastructure that will strengthen our supply chains,” said MARAD Administrator Stephen M. Carmel. “America’s ports drive our economy, strengthen domestic energy supplies and lower costs for hardworking families, which is why they deserve taxpayer investment.”

The program will also allocate at least 25% of the funds – the equivalent of $122 million – to projects at smaller ports. The goal of this measure is to expand access to federal funds beyond major transportation hubs, he said. Port authorities, state and local governments, indigenous tribes and other public entities are eligible to apply.

Compared to past years, funding for ports is low this year. During the Covid-19 pandemic, the government under President Joe Boden made a total of $2.25 billion available to the program over five years (2022-2026). This significantly increased the annual funding, which peaked in 2022 at $703 million. Nevertheless, the importance of the program remains high: PIDP investments are a key instrument for the government to ensure the efficiency and competitiveness of the more than 300 ports in the USA.

The Trump administration recently presented the “Maritime Action Plan” announced a year ago. The document focuses primarily on shipbuilding in the United States, into which several billion dollars are to flow. Among other things, the funds are to be made available through fees for foreign ships docking at US ports.

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Caption: (© Photo courtesy of the Port of Los Angeles)