OREGON's Port of Coos Bay and NorthPoint Development have jointly presented a proposal for the second round of Mega grant funding, for the Pacific Coast Intermodal Port (PCIP) initiative, reports Rotterdam's Dredging Today.

The PCIP holds national significance as it aims to establish a fresh entry point for imports and exports on the west coast, specifically facilitating container movement through the Port of Coos Bay.

The project's overall investment is projected to exceed US$2 billion, fostering the generation of numerous job opportunities and crucially augmenting the capacity to streamline the flow of commodities across the US western coastline.

The venture encompasses three integral facets: the enhancement of the Coos Bay Federal Navigation Channel through deepening and widening, comprehensive system upgrades to the Coos Bay Rail Line (CBRL), and the construction of a rail-connected maritime terminal situated on the port's North Spit property.

Should the endeavour prove successful, mega grant funding will be channeled into enhancing public assets encompassing the Federal Navigation Channel and the CBRL.

The core objective of this endeavour is to accommodate the transit of larger neopanamax vessels within the harbour, capable of carrying up to 13,000 TEU.

In this pursuit, the port collaborates closely with the US Army Corps of Engineers to craft and design this pivotal undertaking.