Marine link
 

Works Budget

More Money Given to Civil Works Budget

Waterways Council, Inc. expressed its appreciation to Congress which, in the recently completed lame duck session, passed an omnibus spending package which allocates $4.7 billion in FY 2005 to the U.S. Army Corps of Engineers’ civil works program. The bill includes $331.5 million for the Inland Waterways Users Board’s priority navigation projects – a $61 million increase over last year’s appropriations and $64.6 million over the President’s FY 2005 request for these projects. Specifically, the Omnibus Bill appropriated funds to the following critical infrastructure projects on the inland waterways system: Inner Harbor ($14.5 million); Kentucky Lock ($32.5 million); Lower Mon 2,3 &4 ($35.5 million); Marmet ($75 million); McAlpine ($68.5 million); Olmsted ($69 million); Chickamauga ($17 million); and major rehabilitation on L&D 11 ($1.5 million); L&D 19 ($4.8 million) and L&D 24 ($8.8 million). Despite last minute House-Senate negotiations, a final agreement on the Water Resources Development Act (WRDA) failed to reach agreement in the lame duck session, a disappointment to the waterways industry. Even though WRDA did not pass this year, the omnibus measure contains $355,000 to continue the Upper Mississippi-Illinois Waterways navigation study and another $13.5 million in planning funds to start preconstruction engineering and design.


Omnibus Bill Boosts Funding for USACE Projects

Michael J. Toohey, President/CEO, WCI

Upon review of the Consolidated Appropriations Act of 2014, Waterways Council, Inc. (WCI) is pleased with the FY 2014 Energy & Water Development Appropriations funding level of $5.467 billion, a $748 million increase over the FY 2013 post-sequester enacted level. Within the Civil Works budget, the Construction General Account receives $1.656 billion and provides $163 million for the Olmsted Lock and Dam project


Ports – US Harbor Maintenance Funding

House of Congress budget debate includes discussion on problem of underfunded harbor maintenance Some detail of the discussion follows: Unlike the past several years, this year's budget debate included some discussion of the longstanding problem of underfunded harbor maintenance.  This recognition of the harbor maintenance issue by the House Budget Committee is a positive small step forward.  The text of H. Con. Res


UK Shipping Carbon Budget Decision Deferred

UK Government announce its decision on international aviation and shipping emissions. Government will defer a decision on whether to include international aviation and shipping emissions in carbon budgets until the setting of the fifth carbon budget in 2016, by which point there should be more clarity on how aviation emissions will be tackled at an EU and global level. Last month, the European Commission proposed that it would suspend international aspects of the aviation EU Emissions


U.S. Port Security and the Impact of Sequester & Budget Woes

Coast Guard transportable port security boats attached to Port Security Unit 308 and riverine command boats from Riverine Squadron (RIVRON) 2 practice maneuvers together in the Intracoastal Waterway in North Carolina. (U.S. Navy photo by Mass Communication Specialist 1st Class Richard Brunson)

Impact of the Sequester and Budget Showdowns on Ports and Port Security & the Outlook for WRDA   This article describes the impact of the “sequester” and budget showdowns on ports and port security, and also gives a preview of the House-Senate Conference on the Water Resources Development Act (WRDA).  On the one hand, ports and port security have been severely hampered by the ongoing budget battles, as has the rest of the U.S. Government and economy


Harbor Commission Approves Port Budget - Long Beach

Capital improvement projects move ahead with $579 million in funding for Long Beach Port

  The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program. For the fiscal year starting Oct. 1, 2014, the Harbor Department plans to spend $579 million on capital projects ? part of a decade-long, $4 billion investment in Port upgrades and efficiency improvements


Shipbuilding Industry Bears Brunt of Cuts in Pentagon Budget

Strained by the demands of a major ground war and a sweeping overhaul of U.S. forces for an uncertain future, the Pentagon faces a severe budget challenge. According to the Providence Journal, while Congress and the Bush administration are working on a very large spending program for the military, the outlay for shipbuilding will be tight -- a prospect that is hurting the industry. The Navy's problem, says one Washington analyst, is not a lack of ships


FY’09 Federal Budget Proposal Falls Short For Ports

The American Association of Port Authorities (AAPA) announced it is disappointed that the Bush Administration has proposed still another annual budget that would significantly underfund the Department of Homeland Security's (DHS) Port Security Grant Program and the portion of the U.S. Army Corps of Engineers' Civil Works Program that provides crucial navigation access to ports. While the Administration did increase its funding request for a key program that provides incentives to reduce


AAPA: Mixed Reaction on Proposed 2013 Budget

With the release of President Obama’s fiscal 2013 budget, the American Association of Port Authorities (AAPA) expressed both accolades, and some disappointment, over various aspects of the budget pertaining to ports and the efficient and secure movement of freight. Kurt Nagle, AAPA’s president and CEO, said that, even though the Administration’s budget includes cuts in order to meet the Budget Control Act passed by Congress last year, there are bright spots for seaports


Port of Los Angeles Adopts Fiscal 2014-15 Budget

 Ambassador Vilma Martinez: Official photo

The Los Angeles Board of Harbor Commissioners informs it has approved a US$938.8-million fiscal year (FY) annual budget for the Port of Los Angeles. Nearly $350 million (37 percent) of the approved budget will go toward capital expenditures to help the Port maintain its global competitive position. “In the face of fierce and increasing competition from around the world, we must do whatever we can to maintain our position as the nation’s premier trade gateway


BP Freezes Pay in 2015 to Cut Costs

BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.   Over the past year, oil majors have been selling assets to protect cash flows and shareholder dividends.  


Tanker with Kurdish Crude Leaving U.S. After 6-month Dispute

After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S. waters after Baghdad and the Kurds reached a deal to share oil revenue. The United Kalavrvta tanker, which had been anchored in the U.S


Denmark's Budget Gap May Flirt with EU Limit if Oil Stays at $50

Denmark's government estimates its budget would lose 7.5 billion Danish crowns ($1.1 billion) if oil prices remained around $50 a barrel, according to a document submitted by the finance minister to a parliamentary committee. That figure, which takes into account the positive financial impact


PHA Budgets $ 275 mi for Capital Improvements

Courtesy Port of Houston

  In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut


Paxton Joins Adams and Reese

Adams and Reese partner Paxton, who also serves as President of the Shipbuilders Council of America (SCA)

Adams and Reese Adds Four to Bolster Federal Governmental Relations Practice. Adams and Reese is proud to announce the addition of Partner Matt Paxton and Governmental Affairs Advisors Joe Carnevale, Ian Bennitt and Ashley Godwin, who join our firm in our Washington DC Office from the law firm


McDermott Completes Pemex Compression Module

McDermott’s China Joint Venture fabricates process module for fast-track delivery to Mexico_HR

McDermott International, Inc. announced today that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd. (“QMW”), recently completed a fast-track compression process module fabrication subcontract for Jord Oil & Gas Systems B.V


Meercat Delivers First Workboat Under New Ownership

Falls of Lora is now in operation with Dawnfresh Farming

Meercat Workboats have delivered its first vessel under the umbrella of new owners Burgess Marine with the hand-over of a 14m. workboat to Scottish fish farming specialists Dawnfresh Farming. Meercat completed the steel build, named the Falls of Lora, at its facilities in Portchester, Hampshire


Major Oil Rig Contract for Harland and Wolff

Image: Harland and Wolff

In a multi-million pound boost to the Northern Ireland economy, Belfast ship builder Harland and Wolff has secured a contract to carry out major work on an oil rig.  Dolphin Drilling Limited has awarded H&W the contract for the drydocking and Renewal/Special Periodic Survey of its Byford


EFC Delivers Equipment to Chinese Shipyard

EFC Group has completed a $2.2million contract to design and build a BOP and diverter control system for China-based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore).   The system is installed onboard DSIC’s newbuild jack-up drilling rig


Canada Picks Irving to Build Arctic Patrol Ships

Image courtesy of Irving

Canada has picked Nova Scotia's Irving Shipbuilding Inc to build at least five Arctic patrol ships for the country's navy for C$2.3 billion ($1.9 billion) and has increased the overall program's budget, government officials said on Friday.


Cost Overrun Hits Panama Canal Expansion

Image: Panama Canal Authority

Widening the Panama Canal will cost more than budgeted due to billions of dollars in overruns by the consortium carrying out the work says a report from AFP.  The canal's administrator Grupo Unidos por el Canal (GUPC), which is overseeing upgrades to the canal's locks


Two Executive Changes at HII

William Ebbs (left) and  Andrew Hicks (right). (Photos: HII)

Huntington Ingalls Industries announces two executive changes to its government relations team   Huntington Ingalls Industries (HII) announced that William Ebbs has taken on the new role of vice president, federal policy, and Andrew Hicks has been promoted to vice president


Bayonne Drydock Logs Successful '14

Mike Cranston, President of BDD

Bayonne Drydock kicked off last year with the repair and drydocking of the U.S. Navy Ship, Pomeroy followed by the successful drydocking and repairs of the USNS Watkins. It closed the year with the completion of the USNS Seay; all were completed on time


Oil Majors Seek to Claw Back Costs from Service Firms

Global oil majors say they are demanding cheaper but better services from engineering and service companies, or simply taking work back in-house, after losing hundreds of billions on cost overruns in the last five years. Cost overruns and delays were the main reason why oil majors generated


Indian Shipping Ministry Seeks Tax Sops

Image: Indian Ministry of Shipping

India's shipping ministry is asking for a tax holiday and more incentives for the shipbuilding industry in the upcoming Union budget, according to a report in the Economic Times. The Ministry has also prepared proposals to give a fillip to Prime Minister Narendra Modi’s Make in India campaign






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright