November 18 - The Port of Everett Commission has revealed a USD78 million operating and capital budget for 2016.

The budget has been designed to allow the port to implement its capital initiative portfolio, specifically preparing for larger ships at the seaport and creating a new waterfront community.

John Carter, chief financial officer at the port, said: "A large portion of our budget is subject to external and global economic factors. Therefore, the port is working to build a budget that is sustainable and invests in infrastructure so we can respond to any opportunity or challenge that may come our way in 2016."