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
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.
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
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
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
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
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
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
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
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
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
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
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
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.
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.
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
Investment in British North Sea projects is expected to fall below 8 billion pounds ($12.35 billion) in 2016 from 14.8 billion last year, and could shrink further due to a rise in costs and fall in prices, industry lobby group Oil & Gas UK said in an annual survey on Tuesday.
Joe McGladdery, a partner with the London law offices of Wikborg Rein & Co, says that, while falling oil prices have exerted pressure on the LNG charter markets, the new generation of low-speed, dual-fuel LNG carriers now in service and on order remain an attractive option for owners and
Britain agreed an 859 million pound ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue with the next phase of design for a new fleet of warships. BAE Systems has been working on plans to provide Britain with 13 new Type 26
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
Manila North Harbour Port Inc. (MNHPI) is budgeting P1 billion ($23 million) capital expenditure this year to finance port expansion. It expects to increase container throughput once a major terminal upgrade completes. According to the MNHP chief executive officer Richard Barclay
Royal Caribbean International has selected ElevenOS as the guest Internet management platform for its entire fleet of cruise ships, and has completed deployment of ElevenOS on all 22 ships at the end of 2014, including smartship Quantum of the Seas
Rig contractor Diamond Offshore Drilling Inc said it expected a significant number of ultra-deepwater rigs to be idled across the industry by year-end as oil producers' capital budget is likely to be lowered by a fifth this year. The company also said it would not pay a special dividend
The President of the Russian Federation Vladimir Putin held a working meeting on Wednesday with the Head of Rosneft Igor Sechin, who reported on the Company’s 2014 operational results to the President of the country. The overall hydrocarbons production at year-end was
Land rig provider Patterson-UTI Energy Inc has halved its full-year rig construction program to 16 new high-tech APEX rigs as oil producers cut back on drilling due to weak prices. Patterson's decision follows rival Helmerich & Payne Inc's announcement last week that it would halve its