The Port of Oakland, California announced Wednesday that it will receive $18 million from the US Army Corps of Engineers' fiscal year 2011 work plan for the port's 50-foot Harbor Deepening Project.
The initial deepening to 50 feet from 42 feet represented a $433 million total investment. Port of Oakland Executive Director Omar Benjamin said, "It is essential for the Port to be able to accommodate the even larger container ships that require a deeper harbor."