Port of NY/NJ to Get More Funding

Monday, September 25, 2006
Annual funding to protect the perimeters of New York's and New Jersey's ports will be boosted nearly fourfold, the Department of Homeland Security was to announce Monday. The increase, from $6.6 million to $25.7 million, follows a public outcry sparked in June, when the agency decided to slash New York City's share of terror grants for cities by 40 percent, or $83 million. The new money is meant to help ports guard against attacks by land or sea but is not designed to pay for cargo screening or container inspections. The change in funding was confirmed Sunday by Rep. Peter King, R-Long Island, who chairs the House Homeland Security Committee. In justifying their decision to cut New York's share, federal authorities said their review process found no national monuments or icons in the city. When that finding was widely derided, authorities said landmarks including the Brooklyn Bridge were counted in other categories.

In response to the decision, The Port Authority of New York and New Jersey said: "We applaud today's decision by the federal government to provide more than $25 million to the Port of New York and New Jersey to enhance the security of the East Coast's busiest seaport. The Port Authority will receive $11.6 million of these funds, and it will be used to improve security monitoring and access systems at our ports. Since September 11, 2001, the Port Authority has invested more than $87 million of our own resources on port security, and nothing is more important to us than keeping this vital part of our economic supply chain safe and secure." Source: AP

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

NordLB Back to Profit

Although the crisis is not over in all segments, Germany's second-largest marine lender, Nord LB, said its shipping loan portfolio turned a corner in the first

Bollinger Appoints Sales VP

Bollinger Shipyards announces the promotion of Eric Bollinger to Vice President of Sales.   President and CEO Ben Bordelon made the announcement, stating, “Eric

Lamprell to Implement Software for Automated Manufacturing

U.A.E based offshore jackup rig builder Lamprell Energy Ltd., will implement SSI's EnterprisePlatform software solution to allow its engineering team to automate manufacturing processes.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | 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: 0.2929 sec (3 req/sec)