A new Interior Dept. rule largely echoes changes made in the wake of the 2010 Deepwater Horizon disaster that were later walked back under the Trump administration.
But damage and economic impact cost could reach $6 billion, says a Moody's estimate, as President Joe Biden releases funds for emergency repairs and announces FEMA official as federal coordinator for long-term reconstruction
Weeks Marine, a Walsh-Traylor Bros. joint venture and a Cashman-Trevi Icos JV are on shortlist for key contract on $16B New Jersey-New York rail crossing.