More Money Given to Civil Works Budget

Tuesday, December 14, 2004
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.

"We are grateful for Congress’ growing understanding and recognition of the critical value of our inland navigation system to our Nation’s continued prosperity. As funding for the Army Corps of Engineers continues to increase to allow for the maintenance of the inland waterways’ navigation infrastructure, we as a Nation ultimately benefit,” said R. Barry Palmer, President/CEO of Waterways Council, Inc. "We are, however, disappointed that the WRDA bill failed to pass this session and we will re-double our efforts to see its future passage,” he continued.

The waterways industry transports more than 800 million tons of our Nation’s most critical “building block” commodities such as coal, which supplies 50 percent of the Nation’s electricity, and grain (more than 60 percent of U.S. grain is bound for export). This industry also serves as a critical, integral component of the manufacturing, distribution and industrial economy of the U.S. and our ability to compete in world markets.

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

LNG

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Winch
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: 0.1009 sec (10 req/sec)