WSP has served as a consulting engineer for the Port Authority of Guam on several major projects for more than a decade, including preparation of its master plans in 2007 and 2013. The most recent master plan focused on phasing of Port improvements, budget allocation and investment priorities. Over $100 million has been invested in the Port Modernization Program since 2013, with much of the funding coming from MARAD and the Department of Defense. The bond-funded projects will continue this critical updating of the Port facilities.
Among the strategic recommendations in the 2013 master plan was the issuance of a bond that would support a long-term focus on improvements that maintain the Port’s operational and economic sustainability.
“The bond is a major step forward for the ongoing Port modernization,” Johansen said. “This allows the Port to take control of its next set of projects and prepare for the island’s growth and the military personnel increases.”
As part of the bond application, the firm prepared cargo throughput projections and multi-year forecasts of the Authority's revenues and expenses from 2018 to 2022.
The Port currently benefits from expanded facilities and upgraded equipment that were outlined in the short-term aspects of the 2013 master plan, and with the bond closing, the Authority is now prepared to move forward with upgrades to facilities that support its long-term sustainability.
Future projects include revitalization of the Port’s access road and the long out-of-use Hotel Wharf section of the Port; repairs and improvements to Golf Pier; construction of a new administration building, which will free up space in the container yard and provide modernized facilities to the Port and its tenants; repairs and upgrades to Warehouse I; equipment maintenance and repair; building repairs and upgrades; and waterline replacement and relocation.
“Among the most important assets on the Port are the gantry cranes,” Johansen said. “Guam is a corrosive environment because of the natural conditions, and it is critical that the Port Authority of Guam has instituted a program to continually replace aging crane assets.”
Modernization plans for the Port also include:
• continuing to optimize the new terminal operating system (TOS) to record, control, and report cargo movements into and out of the port along with cargo storage protocols within the terminal;
• a gate operating system (GOS) that will automate the link of cargo gate transactions with the TOS, further enhancing operations;
• further upgrades to the financial management system will link the accounting system seamlessly with the TOS for cost tracking and billing.
“WSP worked with the Guam Economic Development Authority on debt issuance, and helped the Port establish confidence from oversight agencies, including the Public Utilities Commission and Guam Legislature, in the Port’s ability to manage its finances,” Wolinetz said.