By Tom Gresham The COVID-19 pandemic disrupted plans around the world. Ports, for instance, faced an array of challenges in 2020 that tested their resources in ways that were unprecedented – a series of vicious curve balls thrown at every aspect of their operations. However, ports responded with creativity and resolve to excel in the face of the pandemic and ...
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By Ed Royce, Policy Director, Brownstein Hyatt Farber Schreck In a 1938 fireside chat, President Franklin Delano Roosevelt told Americans, “To reach a port we must set sail. Sail, not tie at anchor. Sail, not drift.” He was pitching his vision for defeating the Great Depression. Today, FDR’s words could take on a more literal meaning. The ports he spoke ...
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Sound Investments, Innovative Solutions Keep Many Projects on Track, Though Most Cruise-Related Ones Are on Pause By Sandy Smith While the COVID-19 impact on global trade created plenty of economic uncertainty, it did not necessarily stop ongoing port infrastructure projects. Though it might have made some of the challenges of construction a little steeper. “There is capital out there for ...
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Crafting the right project scope – whether seeking a bid or request for proposal – requires caution and an ability to learn from past mistakes.
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Capital investment in port infrastructure is essential, but to ensure long-term financial sustainability it is also important to consider cost-effective financing of strategic infrastructure, resiliency planning and revenue enhancing projects. * By Christine Choi, Director, PFM Financial Advisors LLC * Capital investment in port infrastructure is essential to improve efficiency, remain competitive, and attract business. Container shipping industry consolidation has ...
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