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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

Hearing on FY11 budget: USCG, MARAD, FMC

The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on the FY 2011 Budget for the Coast Guard, the Maritime Administration, and the Federal Maritime Commission. The Subcommittee noted that budget request for FY 2011 represented a 0.4% decrease for the Coast Guard; a 3% decrease for MARAD; and a 5.8% increase for the FMC. Committee Chair James Oberstar (D - MN) expressed great concern regarding the projected

France: Job-Saving Offer in Bid to End Port Crisis

The French government unveiled proposals on Thursday to save local ferry jobs and end a stand-off in the port of Calais in northern France that has repeatedly disrupted traffic in the Channel Tunnel. Some 500 workers at ferry service MyFerryLink have blocked traffic around the port in a protest

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

Funding Only Bright Spot in President’s Budget - AAPA

the American Association of Port Authorities

  The American Association of Port Authorities (AAPA), the recognized and authoritative voice of the seaport industry, yesterday noted some positive aspects but mostly disappointment over the funding levels and programmatic changes in federal port-related programs that were proposed today in

Waterways Council expresses "disappointment" in White House budget

Waterways Council, Inc., a national advocacy group for ports and inland waterways, expressed "disappointment" today in the Obama administration's proposed FY 2016 budget. “Given recent austere budget proposals for the U.S. Army Corps of Engineers

Proposed Federal Budget Includes Funding for New SUNY Maritime Vessel

SUNY Maritime’s current training vessel Empire State VI is 52 years old (Photo courtesy of SUNY Maritime College)

The proposed 2016 federal budget included funding for the design of new multi-mission vessels that will serve as training ships for the nation’s state maritime academies, including the State University of New York (SUNY) Maritime College.  

Indian Maritime Sector Seeks Govt Sops

Photo: Indian National Ship-owners Association

 The maritime sector, including, ports, shipping industry and merchant navy in India is expecting the government would allocate a substantial amount of provisions and sops in the forthcoming union budget.   Indian Shipping Industry has the potential to ignite growth

Indian Ports to Set Sail on Corporatization

Image: Indian Ports Association

 Indian Finance Minister Arun Jaitley said in Union Budget 2015 that government-run ports in India will be encouraged to corporatize and become companies under the Companies Act.    In an attempt to professionalize Indian ports

Indian Port Workers Drop Strike Proposal

Image: Kandla Port Trust

 The Port and Dock Workers Federation (AITUC) has decided to defer the strike proposed from March 16, in view of the Central Labour Commissioner appointing a committee to study the demands and grievances of workers and employees of major ports.  

Transboundary Oil Pollution Debated in IMO

Transboundary oil pollution damage resulting from offshore activities Courtesy Danish Maritime Authority

   A working group led by Denmark and Indonesia met in the IMO to consider the need to regulate the issue of transboundary oil pollution, on 13 April, 33 countries and a number of international organisations have just met at the IMO headquarters in London under the chairmanship of

British Columbia Signs LNG Deal with Petronas

Agreement between the government of BC and Pacific NorthWest LNG establish signed. Photo: BC Gov News

 B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural gas development on the province's northwest coast.    Hailed as “the largest capital investment in B.C

Long Beach Harbor Commissioners Adopt Budget

Photo: Port of Long Beach

Long Beach forges on with modernization, green programs   The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach.

Jasper Ocean Terminal Budget Approved

Georgia and South Carolina port authorities to each contribute $1.25 million to Jasper Ocean Terminal’s 2016 budget   The Jasper Ocean Terminal (JOT) board of directors met earlier this week to solidify a budget and work plan for FY2016 as well as review work completed during the 2015

Proposed UK Non-dom Tax Changes, No Need to Panic

Gill Smith (Photo: Moore Stephens)

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens says Shipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been urged not to panic by international accountant and

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