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Works Budget

Port Manatee Gains Funding for Harbor Deepening Study

Photo courtesy: Port Manatee

Port Manatee and its stakeholders look to benefit from full federal funding of a feasibility study related to deepening of its channel and harbor area, the port said. Manatee Harbor, near the Gulf of Mexico entrance to Tampa Bay, is one of only 10 waterways in the continental United States identified for such U.S. Army Corps of Engineers funding in the fiscal 2016 civil works budget announced by President Obama Monday, February 2. “Port Manatee is deeply appreciative of this funding, which represents a milestone in our efforts to reach our target harbor depth of 45 feet, which will allow us to accommodate the majority of vessels transiting the expanded Panama Canal,” said Carlos Buqueras, executive director of Port Manatee, the closest U.S. deepwater seaport to the canal, where a new, larger traffic lane is slated for opening in early 2016. Manatee Harbor, which currently has a depth of 40 feet, is targeted to receive $700,000 in feasibility study funding in the federal budget for the fiscal year that begins Oct. 1, 2015, covering the complete expense of the study. In addition, the budget includes $300,000 for maintenance and $100,000 for operation of Manatee Harbor. “We are thrilled at the prospects of being able to serve larger ships for generations to come,” Buqueras said


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.


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


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


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


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


Hedging Your Bets

Courtesy of Hedge Solutions

Up and Down brown water bunker pricing is giving small-to-medium sized operators heartburn. It doesn’t have to be that way. The recent free fall in oil prices is grabbing the attention of many in the commercial marine business. Ferry services, cruise lines, tour boat operators, tugs, etc


Tight Budget Hampers Malaysia's Naval Ambitions

Budget constraints are jeopardising Malaysia's defence spending plans, which include replacing ageing fighter jets and beefing up its maritime capabilities, at a time when Beijing is growing more assertive in the disputed South China Sea.  


Linn, Quantum Energy Tie Up to Buy Oil and Gas Assets

Private equity firm Quantum Energy Partners will invest up to $1 billion in a new entity for acquisition and development of oil and gas assets that will be managed by Linn Energy LLC. Linn will be able to take a 15-50 percent direct working interest in the acquired assets


Brazil to Lease 29 Ports to Private Companies

  A plan to attract private investment to Brazil's strained port infrastructure is even more important in the face of federal budget cuts that will curb public investment, Brazilian Ports Minister Edinho Araújo said in an interview.  


Zukunft Delivers State of the Coast Guard Address

U.S. Coast Guard Commandant Adm. Paul Zukunft (USCG photo)

U.S. Coast Guard Commandant Adm. Paul Zukunft delivered the 2015 State of the Coast Guard Address at U.S. Coast Guard Headquarters in Washington, D.C., Tuesday.   "Countries in our hemisphere are on the cusp of instability," Zukunft said


Singapore Budget Sops for Maritime

Image: Singapore’s Maritime & Port Authority

 With a focus on improving maritime business sectors through a series of incentives to raise productivity, innovation, and internationalization the government of Singapore extended a number of its maritime incentives in its 2015 budget.  


Iran War Games Target Mock-up U.S. Ship

Iran's elite Revolutionary Guards staged war games in the Strait of Hormuz on Wednesday, including a gunboat attack on a model U.S. warship, in Tehran's latest display of military muscle in a Gulf shipping channel vital to world oil exports.


Investment Now Means Continued Prosperity in the Future

(Photo: United States Department of Transportation)

Our transportation network consists of different modes like roads, railroads, ship channels and ports. But when it comes to transporting food, building materials, bulk commodities, items used in manufacturing and finished products, each of those modes must be firing on all cylinders and in sync


USCG Leaders Testify on Budget Requests

USCG Commandant, Master Chief Petty Officer of the Coast Guard testify before the House Subcommittee on Coast Guard and Maritime Transportation   U.S. Coast Guard Commandant Adm. Paul Zukunft and Master Chief Petty Officer of the Coast Guard Steven Cantrell testified Wednesday on the Coast


Keppel FELS to Deliver 100th Jackup Rig

Photo courtesy of Keppel FELS

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time


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


Hospital Ship Brought up to Speed with AMOS

Africa Mercy (Photo: Mercy Ships)

SpecTec will work with long term partner Mercy Ships to migrate its current system Business Suite to AMOS Enterprise Management Suite (EMS).   Mercy Ships’ Africa Mercy, the world’s largest hospital ship, will now receive a brand new update of the latest version of AMOS EMS


Ghana Slashes 2015 Oil Revenue Forecast by 64%

Ghana's finance minister said on Thursday that the forecast for oil revenues in 2015 had been slashed to 1.5 billion cedis ($416.7 million), down from 4.2 billion cedis forecast in the budget presented in November due to falling oil prices.  


US Navy Sub’s Motor Generator Restored

USS Rhode Island (SSBN 740). (U.S. Navy photo by Rex Nelson)

Portsmouth Naval Shipyard (PNSY) has completed the restoration of the motor generator set for the Ohio-class ballistic-missile submarine USS Rhode Island (SSBN 740) on February 23 – three days ahead of schedule, the U.S. Navy reported.  


Austal Delivers Fifth Cape Class Patrol Boat

Cape Class Patrol Boat - Cape Jervis (Photo: Austal)

Austal Limited has delivered Cape Jervis, the fifth of eight 58-meter aluminum monohull Cape Class Patrol Boats for the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract.  






 
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