Cruise company backs Alaska Railroad’s plan to replace Seward dock

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Royal Caribbean International has signed a 30-year agreement to use the proposed passenger dock, as bonds are being secured for the project.

The Alaska Railroad Company is moving forward with plans to replace a nearly 60-year-old passenger dock in Seward. The $137 million project is for one of three docks in the city operated by the company and handles all of Seward’s cruise ships.

The proposed project includes an almost 748-foot floating dock and 60,000-square-foot terminal building. While the planned dock is only slightly longer than the existing one, the new terminal would be more than double the size of the current building. The project is being funded by revenue bonds, which must be approved by the state Legislature. The Legislature approved $60 million in bonds for the project in 2022, and the railroad company requested additional bonds worth $75 million this year.

Source: News Formal (newsformal.com)

 

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