'We won't begin to feel the impact for a number of years, but we recognize the need to take action,' said Susan Bass Levin, deputy executive director of the agency.
In August the authority appropriated $10 million to determine the best solution to solving the vessel clearance problem, she said. That follows a study by the Army Corps of Engineers that estimated the costs of jacking up the bridge ($1.3 billion), replacing it with a new bridge ($2.2 billion) or a new tunnel ($2.2 billion to $3.1 billion).
'Never underestimate the port authority's resolve and resourcefulness. We will solve the problem of the Bayonne Bridge,' Levin added.
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| Larrabee |
Depending on the tide, ships have 151 to 156 feet of 'air draft' beneath the bridge. The Army Corps study looked at establishing a new height of 215 feet so the port could accommodate the large new ships that are expected to begin calling U.S. East Coast ports from the Far East after the Panama Canal is completed in 2014.
Levin said the port authority's container cargo volume was down about 15 percent in the first half of 2009, but Larrabee said the port expects volumes to rebound and grow at about 3 percent to 5 percent annually over the long term.
To handle that growth, Larrabee said the port can expand capacity through increasing the number of containers handled per acre at the port's terminals (now about 6,800 per acre per year) and through expanding its terminals. The port is planning on building a 110-acre container terminal and an intermodal facility adjacent to the Global Terminal at the site of a former automobile terminal in Jersey City. It also has a 100-acre expansion site in Port Newark and 32 acres on Staten Island.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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F3: Future of Freight Festival
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
