The construction of the five-part Port of Alaska (Anchorage) modernization project began in 2020 and is still well underway, with an expected completion date of 2028. Currently, the project’s first phase has been completed, and the total cost of the project could reach as high as $1.8 billion.
The port is a key transport hub for freight movement, linking marine, road, rail, pipeline and air cargo systems with communities all across Alaska’s 665,4000 square miles. The port handles more than 3.5...