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February 21, 2019

Study: Steep tariff hikes needed to pay for $200M in repairs to Port of Alaska dock

ANCHORAGE, Alaska (AP) — Steep tariff hikes could be on the way at the Port of Alaska if the Municipality of Anchorage has to pay for repairs to the dock, a recent study says.

An analysis, prepared by economic consulting firm Parrish, Blessing and Associates, considers how much tariffs on refined petroleum products and cement would have to be raised to cover the cost of borrowing $200 million to pay for replacing the port's petroleum and cement terminal, the Alaska Journal of Commerce reported on Monday.


 
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