Port of Miami to approve $53 million update to meet Panama Canal requirements

More than $53 million in special obligation bond receipts may soon be shipped over to Miami-Dade's Port of Miami for a fleet of port-wide improvements, many tied to larger cargo ships expected in four years.

 

The county commission is to vote today to approve the funding.

 

Construction is expected to wrap up by 2014, coinciding with the expected influx of larger ships through an expanded Panama Canal.

 

Original source: Miami Today