Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Sun April 22 2018

Related Information
Related Information
Related Information
Related Information

News » International » New York launches $250m harbour project » published 20 Apr 2012

New York launches $250m harbour project

New York mayor Michael Bloomberg and Port Authority executive director Pat Foye have launched a US$250m (£156m) construction project to boost economic development in New York Harbour.

The project involves digging a new water transmission main – known as a siphon – between Staten Island and Brooklyn. Construction of the new main will allow the removal of two existing tunnels that are currently at a much shallower depth and enable the dredging and deepening of Anchorage Channel. A deeper channel is needed to accommodate increased cargo volumes and larger vessels in the future.

Over the next ten months, the 110t, 100m-long tunnel boring machine will drill a distance of nearly two miles.

“New York Harbour has been a critical part of our economy since the founding of our great city some 400 years ago,” said Bloomberg. “And if we want New York City’s economy to stay competitive, we must accommodate new mega-ships and their cargo.”

As part of the ongoing New York and New Jersey harbour deepening project, the channel is being dredged to accommodate ships with drafts that exceed 15m, the present depth of Anchorage Channel. The dredging project is expected to be completed by the end of 2014 in time for the expansion of the Panama Canal.

This initiative is part of a waterfront vision and enhancement strategy launched in May 2011. The 130 projects are expected to create 13,000 construction jobs and at least 3,400 permanent maritime and industrial jobs.


Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 20 Apr 2012 (last updated on 20 Apr 2012).

More News Channels