PA harbors plans to up port traffic; Faster dredging will aid economy.(Port Authority of New York and New Jersey)(Brief Article)

From: Crain's New York Business | Date: July 16, 2001| Author: Lentz, Philip | Copyright information

The Port Authority of New York & New Jersey wants to go deeper, faster.

The bistate agency plans to accelerate the dredging of New York Harbor to a depth of 50 feet to accommodate larger ships, as part of an effort to maintain the region's pre-eminence in maritime trade.

Port officials say speeding up the dredging project will save $800 million, double economic activity in the port over the next decade, and help New York take international cargo business away ...

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