NEWS:NY/NJ to Receive Federal Funds

Tuesday, January 28, 2003
The Federal Transit Administration (FTA) will provide approximately $54.8 million for ferry-related projects in the New York City-Northern New Jersey metropolitan area to support the expansion of interstate ferry services due to the loss of Port Authority Trans-Hudson (PATH) train service between New Jersey and Lower Manhattan on September 11, 2001.

This funding for ferry-related projects supplements $100 million that was previously approved by FTA and distributed to the region for emergency transit capital improvements, and is a part of President Bush's $20 billion commitment to rebuild and revitalize Lower Manhattan.

"Today we are providing $54.8 million dollars in funding to support the much needed expansion of interstate ferry services," said Mineta. "As a result of September 11, transit service was severely impacted, disrupting the daily commute of thousands of people who lived, worked and visited one of the largest employment and financial centers in the world. The economic impact was enormous," stated FTA Administrator Jennifer L. Dorn. "This funding will expand and improve ferry service and go a long way towards restoring the quality of life for all residents and commuters."

The FTA will administer approximately $32.8

million in funding for the following projects:

• $19 million to New Jersey Transit toward the restoration of the historic Hoboken, New Jersey Intermodal Ferry Terminal. An interim pier currently serves over 24,000 daily ferry passengers;

• $2.4 million to New Jersey Department of Transportation for reconstructing the Sussex St. Pier, at Exchange Place in Jersey City, New Jersey. A nearby interim pier currently serves approximately 10,000 daily ferry passengers;

• $11.4 million to the New York City Department of Transportation and Economic Development Corporation toward the funding of a new West Midtown Intermodal Ferry Terminal at West 38th Street in Manhattan. The existing facility, which currently serves approximately 17,000 daily ferry passengers, will be replaced.

The Federal Highway Administration will administer approximately $22 million to assist in the financing of the following projects:

• $19 million for replacing the Port Imperial Intermodal Ferry Terminal in Weehawken (NJ), currently serving over 11,000 daily ferry passengers;

• $3 million for the South Amboy (NJ) Intermodal Ferry Terminal. A permanent terminal will replace a temporary facility erected shortly after 9/11 that currently serves approximately 600 daily ferry passengers.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

UN Throws the Book at North Korea Ship Operator

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling Soviet-era arms,

Desulfurization of Exhaust Gases in Shipping

Are shipowners prepared to enter SECA zones?   Due to existing regulations on air exhaust emissions from the International Maritime Organization (IMO), and with

Tanker with Iraqi Kurdish Oil Anchors off Texas Port

A tanker carrying crude oil from Iraqi Kurdistan was anchored near the Port of Galveston, Texas, and must undergo a routine safety inspection by the U.S. Coast

Bulk Carrier Trends

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Diana Shipping Invests in Diana Containerships

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0962 sec (10 req/sec)