After a successful floor vote in the U.S. House of Representatives today to approve passage of a Water Resources Development Act (WRDA) authorization bill, American Association of Port Authorities (AAPA) President/CEO Kurt Nagle applauded committee and subcommittee leaders for championing the legislation, noting that this is a prelude to conference and final passage of one of the most critically-needed authorization bills of this session. “America’s ports depend upon a regular, biennial cycle of new project authorizations to improve federal navigation channels to accommodate calls from a modern world fleet of deep-draft ships,” remarked Nagle. “This bill is critical to maintaining America’s position as a dominate world trading partner and ports as engines of the nation’s economic growth.” Nagle said that AAPA and its U.S. member ports “are very appreciative” of the support provided by Transportation and Infrastructure Committee Chair Don Young (R-AK) and Ranking Member James Oberstar (D-MN), along with Water Resources and Environment Subcommittee Chair John Duncan (R-TN) and Ranking Member Eddie Bernice Johnson (D-TX). The last WRDA bill was signed into law in 2000. In the intervening half-decade, as demand for critical water resources projects has accumulated, so have the costs to implement them, making it more difficult to secure passage of a new WRDA.
The Senate passed the Coast Guard Authorization Act of 2004. Negotiations can now commence to resolve differences between this bill and the version adopted by the House of Representatives some time ago. The major difference between the two bills regards security plans for foreign vessels subject to the ISPS Code. The House bill would, in accordance with language in the Maritime Transportation Security Act of 2002 (MTSA)
The United States Senate voted 56-40 to pass bill H.R. 83 which funds the federal government for the remainder of the fiscal year. The funding ensures the construction of a 12th LPD-17 amphibious ship at Ingalls shipbuilding in Pascagoula, Mississippi. The ship will maintain more than 3,000 jobs at Ingalls Shipbuilding, and its estimated economic impact to the region could be as much as $2 billion. Congressman Steven Palazzo said in a statement
The Conferees on the Defense Authorization Bill, S.1059, for fiscal year 2000 wrapped up their conference after providing "Extended Lease" authority of 20 years or more to the Secretary of the Navy for the services of non-combatant ships, and rejecting an attempt by Senator John McCain (R-AZ) to repeal the three-year waiting period before foreign-built ships are eligible to carry preference cargo. The House Armed Services Committee has been working for three years to provide the Secretary of
The United States Congress this week enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of 1936. The measure was included as part of the National Defense Authorization Act (H.R. 3979), which noted that the national security benefits of the domestic maritime industry and the Jones act are “unquestioned.” The bill states that the Jones Act and the American domestic maritime industry are vital
Congressman Gene Taylor declared Defense Secretary Donald Rumsfeld's list of recommended base realignments and closures as "yet another bone-headed decision." "Back in February 2001, Rumsfeld announced his intention to hold a round of base closures. February 2001 was a whole different world than the one we're in now," said Taylor. "On September 11th, 2001, we were attacked. Since then, we've gone to war in Afghanistan and Iraq. We've declared a global war on terrorism
U.S. Sen. Fritz Hollings announced today that he has secured a total of $29.5 million for port security efforts at the Port of Charleston as part of the fiscal year 2004 Omnibus Appropriations bill. The funding is directed to Charleston's Project Seahawk, the nation's first port security command and control center and a project Hollings helped create. The Omnibus spending measure, approved by the Senate Thursday, encompasses the 7 appropriations bills that have yet to be approved
The year 2000 has enjoyed special significance as a transition year bridging two centuries. Similarly it has significance with U.S. lawmakers for the Second Session of the 106th Congress. As the last year of the currently elected Congress, this year anticipates action on a series of pending legislative measures and yet to be introduced proposals affecting the maritime industry. Specifically tax-related legislation and maritime policy-related legislation could be addressed.
The Board of Norsk Hydro ASA will at the company's Annual General Meeting May 11, 2004, ask for authorization to buy back shares. Under this authorization, the Board may buy up to 2,808,810 of the company's own shares in the market, over the 18 months period commencing May 12, 2004. Each share may be purchased at prices ranging from NOK 200 to NOK 700 per share. The Board will at a subsequent General Meeting propose to cancel the purchased shares
Insurance accountant and consultant Moore Stephens has joined with international law firm Clyde & Co to provide specialist advice to intermediaries on all aspects of the authorization process and on continuing compliance with FSA requirements. The rigorous FSA regime comes into effect on January 15, 2005. Intermediaries have until July 14 this year to submit their completed registration packs to the FSA. The new rules are not voluntary
According to United Nations, Libyan authorities need an international maritime force to help as they are unable to halt the illicit trade in oil or the flow of weapons in and out of the country, says a Reuter's report. UN likely increase pressure on major world powers to consider
The Board of Directors of Aker Philadelphia Shipyard ASA yesterday resolved to pay a dividend to the shareholders of AKPS as of expiry of 3 March 2015, of USD 0.25 per share, in aggregate USD 3,026,975.25. The dividend is classified for accounting purposes as a repayment of previous paid in
Korean Register (KR), an IACS member classification society, has been fully authorized by the Marine Safety and Security Division of Transport Canada to perform statutory services on behalf of the government of Canada. KR is now able to conduct relevant surveys
The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural gas, a measure that even if passed by the Senate and signed into law by President Barack Obama, is not expected to help bring much new fuel to global markets.
The U.S. Treasury Department, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) has publish revised Cuba sanctions regulations opening trade with Cuba for the first time in decades
The U.S. Navy authorized ships in the Aegis Combat Weapon System baselines 5.3 and 3.A.0 series to carry the Raytheon Company Standard Missile-6. The authorization expands the missile's use from five ships to more than 35 ships. "SM-6 is the longest range integrated air and missile
Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading.
Indian Register of Shipping Approved as Recognized Organization by Flag State Bahamas. Indian Register of Shipping is pleased to announce that it has obtained authorization to act as ‘Recognized Organization’ & ‘Recognized Security Organization’ to carry out
In an effort to make the pilotage market more efficient, the Danish Maritime Authority (DMA) issued several new regulations following on amendments to the pilotage act. A number of DMA measures to launch January 1, 2015 will target simpler regulation of the pilotage area.
Container volume up 13 percent at South Carolina Ports Authority; Charleston benefiting from federal appropriations The SC Ports Authority announced another month of double-digit container growth, with fiscal year-to-date volumes up 13 percent year over year.
Korean Register authorized to deliver statutory services to Grand-Duchy of Luxembourg Korean Register (KR), an IACS member classification society, announces that it has signed an MOU governing the delegation of statutory certification services for vessels registered in the Grand-Duchy of
U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners. Barton, a Republican from Texas
Following its usual summer break over August 2014, Congress came back from its five-week summer recess and spent a whopping eight days or so back in session before recessing once again, approximately a week early, to hit the campaign trail for the November elections
U.S. lawmakers on the Senate Energy Committee will vote on a bill this week aimed at speeding up the Department of Energy's review of liquefied natural gas export applications. The panel will weigh a bill introduced by Senator John Hoeven, Republican of North Dakota
Korean Register (KR), an IACS member classification society, has been authorized as a “recognized organization” of the Latvian government to deliver statutory services. The authorization means KR is now able to conduct relevant surveys