You cannot have offshore wind without ports — and the Oceantic Network reports that it has already seen $4 billion in new investments being made in offshore wind ports up and down the U.S. East Coast, putting thousands to work building enormous civil infrastructure projects.
The Oceantic Network has identified 25 U.S. ports currently involved in offshore wind or undergoing development to support the industry, with dozens more rumored or planned. These range from $20 million projects, like...
Seabury Maritime acted as the transaction advisors to the Connecticut Port Authority (“CPA”) in a public and private investment to redevelop State Pier into a world-class 21st century port facility, expanding its economic potential while capturing emerging opportunities.
The estimated $93 million investment will transform State Pier into a world-class state of the art facility, while creating a platform for heavy lift cargo, such as offshore wind components, to utilize Connecticut’s ports.
“This...
https://container-news.com/seabury-capital-advises-connecticut-state-pier-expansion/
The Connecticut Port Authority (CPA) has reached an agreement with Gateway New London LLC for the long-term operation of State Pier in New London. The decision comes after a rigorous competitive selection process designed to determine the highest and best use of State Pier and to find a partner with the capability to deliver expanded economic opportunity to the state.
“Gateway shares the CPA’s vision for strengthening Connecticut’s maritime economy and creating new jobs through expanded...
http://container-news.com/connecticut-ports-deal-terminal-operation/