March 9, 2018 — New Bedford city officials have unveiled a draft plan to expand the business opportunities for the city’s lucrative port.
The Port of New Bedford is the number one commercial fishing port in the country, hauling in $9.8 billion each year. Ninety percent of that economic value is tied to the fishing industry.
However, city officials are looking to diversify the port’s business and they’re betting on offshore wind.
Mayor Jon Mitchell said according to a study by the federal Department of Energy, one of the windiest spots along the Eastern seaboard is about 25 miles south of Martha’s Vineyard.
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