Belanger Park River Rouge
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  1. #1
    Join Date
    Mar 2017
    Posts
    1,639

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    Detroit is on the river, so "having" a port is a no brainer.
    Effectively making economic gains year after year is a bit tougher

    GM’s interest was enhanced due to the decision by the
    vessel operator Spliethoff, a Dutch based ocean carrier
    offering container service between the Great Lakes and Northern Europe,
    to increase its service offering to the Great Lakes.

    https://www.michigan.gov/documents/m...t_578070_7.pdf

    "Port Authorities play a critical part and economic
    development role through the issuance of bonds
    to finance facility development.
    Unfortunately, in the State of Michigan, State law limits the Port bond financing to “facilities owned by a Port Authority”.
    This has stymied the ability of the Agency to assist private
    terminals in the Detroit area.
    In order to remedy this situation, the Port Authority in 2015
    began working with the Michigan House Commerce and Trade Committee on modification to the Port Authority Act to address this limitation."
    Last edited by O3H; December-23-17 at 10:21 PM.

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