The Market Edge Podcast - The Port Report: Energy, Funding and Tariffs Energy, Funding and Tariffs

In this special Market Edge episode of ACEC’s Engineering Influence podcast, host Diana O’Lare is joined by GHD’s Victor Tirado, Americas Market Sector Lead for Maritime & Coastal, and Michael Vanderbeek, North American Maritime & Coastal Planning Lead, for a deep dive into the shifting dynamics of the global ports market. With decades of international experience, Victor and Michael unpack the trends driving change in port planning and design — from the growing role of ports as energy hubs in the global decarbonization effort to the adoption of alternative fuels. Looking ahead, they address the potential of artificial intelligence and automation, and the increasing importance of surrounding real estate — from cold storage to logistics facilities — in sustaining port competitiveness. The conversation also explores the evolving landscape of port financing, as public authorities hit debt capacity limits and increasingly rely on federal, state, and private sector partnerships to deliver billion-dollar projects. Victor and Michael share perspectives on the uncertainty created by tariffs and trade diversification, the pause in offshore wind development, and how ports are adapting to unpredictable market and policy shifts. Looking ahead, they address the potential of artificial intelligence and automation in the maritime space, the realities of labor and regulatory constraints, and the increasing importance of surrounding real estate — from cold storage to logistics facilities — in sustaining port competitiveness. This episode offers practical insights and forward-looking analysis for engineering firms navigating change in one of the world’s most vital and complex markets.