Port of Newport may tie moorage increase to upgrades

Faced with a growing stack of infrastructure improvements needed to keep the Port of Newport operational, its management is floating a plan that would tie an increase in commercial moorage directly to electrical upgrades on Port Dock 5 and Port Dock 7. Rates would increase each of three years under a proposal for which the port is now seeking feedback. The money would be a sure source of construction funds rather than the port relying on grants, which are questionable in their availability and how they can be used, said Director of Operations Aaron Bretz. “Other ports are wrestling with the same thing — they’re trying to raise rates and not succeeding and they have these infrastructure needs,” Bretz said. >click to read<18:02

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