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Budget Proposal

USACE Programs Come Under Bush Gaze

The Bush administration may require independent reviews of Army Corps of Engineers' plans for projects that are expensive or controversial to avoid a repeat of the Mississippi River dams study that was found rigged in favor of the project. "The administration is evaluating additional steps, including the need for independent review of Corps planning reports involving controversial or costly projects," the White House said in its fiscal 2002 budget proposal. The Corps is responsible for building dams, flood plains and other public works projects. The president's proposed budget for the federal government included $3.9 billion for the Army Corps of Engineers, a 14 percent cut from last year. The National Academy of Sciences was to issue a study later on Wednesday analyzing the Corps' handling of a billion-dollar project to upgrade aging locks and dams on the Mississippi River. A U.S. special counsel recently accused top Corps officials of manipulating data in a pre-construction study to justify the huge public works project that would create jobs for the agency and please farm and shipping groups. Environmentalist groups contend the Corps' study was based on inflated estimates of future barge traffic on the Mississippi River, and that the construction project would threaten wildlife. On Tuesday, Corps chief Major Gen. Robert Flowers told a Senate subcommittee the agency would delay releasing a draft study on the Mississippi River project until September. Republican Sen


Organizations Shoot Down Budget with HSF

The Administration's FY 01 budget request for the USACE' Civil Works program calls for nearly $1 billion in new taxes on the maritime industry to fund a Harbor Services Fund (HSF). The Administration has proposed a replacement for the Harbor Maintenance Tax, which the U.S. Supreme Court declared unconstitutional in March 1998, with a new tax on commercial vessels that use federal navigation channels in U.S. harbors. A variety of maritime organizations reacted strongly to inclusion of the HSF


Navy Budgets for Future Force

President Bush submitted his 2007 fiscal year (FY) budget request to Congress recently, which included the Navy's $127 billion budget proposal. The president's budget request was also accompanied by the recently released Department of Defense's Quadrennial Defense Review (QDR). The Navy's proposed budget boasts a $4.4 billion increase from last year's baseline appropriations. If approved, the FY07 - FY11 budget provides the necessary funding levels to sustain current readiness


Port Industry Urges Congress To Fund Investments

During testimony today before the House Transportation and Infrastructure Subcommittee on Water Resources and Environment, port director Erik Stromberg urged Congress to provide adequate funding for deep draft navigation projects. Stromberg is executive director of the North Carolina State Ports Authority in Wilmington, N.C. He testified on behalf of the American Association of Port Authorities, a trade association representing ports in the Western Hemisphere.


Navy Budget Proposal Causes Commotion on Capitol Hill

Just when it seemed as though the U.S. Navy, which has served more than any other military sector as the budget whipping post in the post Cold War era, was positioned to attract long overdue funds, the budget rug was once again pulled. In proposing a Pentagon budget of $379 billion … a $48 billion increase … the Bush administration has again shorted the U.S. Navy. Reaction from Capitol Hill was swift and without censor, as lawmakers and lobbying groups weighed in with equal fury


Senator Nelson Calls for More Security Money

U.S. Sen. Bill Nelson called on Congress and the administration to do more to sufficiently fund port security or risk a potentially devastating attack at one of the nation's coastal sites believed to be highly vulnerable to terrorists. Without more funds for seaport security, Nelson told port officials in Tampa today, the United States won't be able to significantly increase the inspection rate of arriving shipping containers, which is now at just 3 percent.


Civil Works Budget Proposes $4.06 Billion Program

President Clinton's budget transmitted to Congress includes $4.06 billion for the USACE Civil Works program. In addition the program will include $322 million in non-federal contributions and trust fund receipts. Funding in this request will be used to continue the development of the nation's water resources, the efficient operations, maintenance and management of the nation's navigation, flood damage reduction, and multiple-purpose projects, the equitable regulation of wetlands


No Leg Left to Stand On -- An Obituary for MarAd?

Unless things change dramatically, I am writing as the last Deputy Administrator of the Maritime Administration (MarAd). At least the MarAd we have known, sometimes loved, but always needed for the last 50 years. As I look at the Administration's budget proposals to transfer management of the Maritime Security Program (MSP) to the Department of Defense (DOD) and eliminate funding for the Title XI shipbuilding loan guarantee program


US Rep. Expects Congress to Add Ships to Defense Budget

U.S. Rep. Gene Taylor, D-Miss., said that lawmakers will try to add extra ships to the Navy budget, in addition to whatever the Pentagon requests, The Marketplace reported. Taylor said that President George W. Bush isn't fully focused on military needs as the White House prepares its 2008 budget proposal. As a result, Congress ought to use earmarks or other tools to step in, he said. Taylor is a member of the House Armed Services Committee and leads its subcomittee in charge of


SCA: More Naval Vessels Protect Economy, Provide Security

Matthew Paxton, SCA President

Shipbuilders Council: Proposed Budget Enables Naval Forward Presence and Protects U.S. National Security Interests. The Shipbuilders Council of America (SCA) today recognized the House Armed Services Seapower Subcommittee for its robust markup of the 2017 shipbuilding budget.  Under the proposal, the Navy’s shipbuilding budget would be increased to $19.9 billion and a separate account, the National Sea Based Deterrent Fund


Indian Budget Proposals for Maritime Sector

Pic: Shipping Corporation of India

 Finance Ministry Arun Jaitley in Union Budget for financial 2016-17 (Apr-Mar) has announced imposition of 14% service tax on services provided by domestic shipping companies transporting goods from outside India.    “The service tax on services provided by shipping


Moore Stephens: UK 2016 Budget to Impact Shipping, Offshore Sectors

Moore Stephens tax partner Gill Smith.

UK Budget 2016 provides surprises for shipping and radical measures for offshore maritime sector. Leading accountant and shipping adviser Moore Stephens says the UK Budget 2016 contains a number of surprise developments which are likely to be of interest to the shipping sector


Damen’s Offers Solutions for Laid Up PSVs

Photo Damen PSV series

Damen Shipyards Group has developed a committed response to the increasing number of laid up Platform Supply Vessels (PSVs) resulting from the current predicament facing the offshore oil and gas industry. The Dutch company’s solution involves converting idle PSVs into vessels capable of


Oregon State Seeks Shipyard Input for New Research Ship

(Rendering: The Glosten Associates)

Oregon State University to issue RFI on ship project after design completion   The design phase for a project to construct a new regional class research vessel to replenish the United States academic fleet is complete, and Oregon State University will issue a request for information (RFI)


US Regulators Revise Proposal on Commodity Position Limits

U.S. derivatives regulators are revising their proposal to limit the positions that traders can hold in commodity markets to make it easier for some hedge funds and banks to keep large trades.   The Commodity Futures Trading Commission wants to allow financial firms to count their market


Indonesian Parliament Okays Subs from Russia

Image: Russian Navy

 Indonesia signaled its intent to purchase two submarines from Russia to bolster its current fleet, reports the Jakarta Post.   The government's plan to purchase Kilo-class submarines from Russia has received support from the House of Representatives Commission I overseeing defence and


GPA to invest $152M in Brunswick

The Port of Brunswick moved 680,414 cars, trucks and tractors in Fiscal Year 2015, making it the second busiest port in the nation for roll-onroll-off cargo.

  At the annual Brunswick State of the Port event Tuesday, Georgia Ports Authority Executive Director Curtis Foltz discussed an ambitious capital improvement plan for Brunswick terminals. "In order to ensure efficient processing of cargo


NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.   Although next year's debt issuance represents a decline from this year


Setting Sail for 2017: A New Boost for European Shipping Policy

Photo: Danmarks Rederiforening

 On the 8th of December European Community Shipowners’ Associations (ECSA) launched their proposals for the European Maritime Strategy 2017, which proposes actions in fields of short sea shipping, lifelong careers in the maritime industry, European leadership globally


US Coast Guard Moves Forward on New Icebreakers

USCG photo by Rob Rothway

The U.S. Coast Guard released a proposed acquisition timeline and requirements for two new heavy U.S. icebreakers that could cost $1 billion each and said it would meet with interested companies during an industry day in March.   Coast Guard Commandant Admiral Paul Zukunft told an event


AIWA Highlights Investment Needs on the Nation’s Marine Highways

Pickel

Nowhere is that more important than on the Atlantic Intracoastal Waterway. As 2016 begins, we at the Atlantic Intracoastal Waterway Association (AIWA) are looking forward to participating in the ongoing dialogue regarding the need for strategic investments in the Nation’s Marine


Obama’s Budget ‘Grossly Imbalanced’ For US Ports -AAPA

Kurt Nagle (Photo: AAPA)

Landside freight transportation funds would increase; navigation, port security and emission reduction funds would drop    The American Association of Port Authorities (AAPA) said today it is encouraged by the potential of significant gains for landside freight transportation programs


WCI Reacts to President's Budget Request

Waterways Courtesy Waterways Council Inc.

Waterways Council, Inc. (WCI) reacted to the FY 2017 budget request made by President Obama earlier today, as detailed below.   The Budget   •  proposes $4.620 billion for the U.S. Army Corps of Engineers’ Civil Works program, a 29.8% cut from the $5


Aids to Navigation Receives Funding of $4.6 mil

The Mariners’ Advisory Committee for the Bay and River Delaware, the Pilots Association for the Bay and River Delaware, and the Maritime Exchange for the Delaware River and Bay applaud the inclusion of a $4.6 million request for aids to navigation, or ATONs, in President Obama’s FY17 U


Zukunft Lauds Largest Ever Acquisition Budget

Coast Guard Commandant Adm. Paul Zukunft delivers the 2016 State of the Coast Guard Address (U.S. Coast Guard photo by Petty Officer 2nd Class Patrick Kelley)

 U.S. Coast Guard Commandant Adm. Paul Zukunft delivered the 2016 State of the Coast Guard Address at U.S. Capitol Visitor Center Congressional Auditorium Tuesday. This was Adm. Zukunft’s second State of the Coast Guard Address and he welcomed the opportunity to recognize Service






 
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