The state of Pennsylvania plans to invest $300m over four years on infrastructure, warehousing and equipment upgrades to the Port of Philadelphia it announced on Tuesday.
Around $200m of that sum will go to capital improvements to the Packer Avenue Marine Terminal at the port. These will include increasing the container handling capacity from over 400,000 teu to 900,000 teu with the possibility of further increases to 1.2m teu.
The addition of four new electric-powered post-panamax container cranes will be among the most conspicuous improvements.
There will also be spending on deepening the terminal’s marginal berths to 45 feet.
Other spending will go on expanding breakbulk and vehicle handling terminals with the latter earmarked for $90m.