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News Anchorage Port Commission seeks petrol tariff increase to support cement terminal repairs

Anchorage Port Commission seeks petrol tariff increase to support cement terminal repairs

Written by Global Cement staff
24 October 2019
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US: The restoration of Anchorage Petroleum Cement Terminal in Alaska to fully functioning docking capabilities for oil well cement offloading operations after its ruin in an earthquake of 30 November 2018 will cost US$81m. At a special meeting on 23 October 2019, the port Commission voted to petition the Anchorage Assembly for a progressive tariff increase on all petroleum imports over 10 years to US$399/t from US$116/t.

The works are scheduled for completion by January 2021, with the possibility of a reduction in the rate of tariff increase subject to grants received from the state.

Last modified on 30 October 2019
Published in Global Cement News
Tagged under
  • US
  • Port
  • Upgrade
  • Duty
  • oil well cement
  • Import
  • GCW429

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