Hearing on FY11 budget: USCG, MARAD, FMC

Monday, March 01, 2010

The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing on the FY 2011 Budget for the Coast Guard, the Maritime Administration, and the Federal Maritime Commission. The Subcommittee noted that budget request for FY 2011 represented a 0.4% decrease for the Coast Guard; a 3% decrease for MARAD; and a 5.8% increase for the FMC. Committee Chair James Oberstar (D - MN) expressed great concern regarding the projected decrease in the Coast Guard’s operational capabilities mandated by the proposed budget and the fact that the budget would provide no monies for either the Assistance to Small Shipyards program or the Title XI Loan Guarantee program. Subcommittee Chair Elijah Cummings (D-MD) noted that the Coast Guard would lose over 1,000 military billets under the proposal. Admiral Thad Allen, Commandant, US Coast Guard, testified about how the service will accommodate the reduced funding envisioned in the budget request. Mr. David Matsuda, Acting Administrator, Maritime Administration, testified that the proposed funding level is sufficient to sustain current service levels for the full range of MARAD program operations and activities. Mr. Richard Lidinsky, Chairman, Federal Maritime Commission, explained the role of the FMC. Mr. Stephen Caldwell, Government Accountability Office, focused on the Coast Guard budget and testified that the Coast Guard is reducing funds for current assets and missions to increase funds for its top budget priority – long-term recapitalization of vessels and aircraft. This will result in a short-term decline in mission performance. (2/25/10).

(Source: Bryant’s Maritime News)

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

Finance

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

FortisBC Starts Expansion of Tilbury LNG Facility

FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Government Update

USS Milius Departs on Deployment

The guided missile destroyer USS Milius (DDG 69) departed Naval Base San Diego Oct. 20 on an independent deployment to the Western Pacific and Indian Oceans.

Continership Alliance Expands to US Trades

The CKYHE Alliance (COSCO, "K" LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has announced they will expand their cooperation scope to U.S. Trades and CKYHE

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1146 sec (9 req/sec)