AAPA: Administration Budget Shortchanges Dredging in Ports

Wednesday, February 04, 2004
American Association of Port Authorities expressed alarm that the Administration’s FY ’05 budget for the U.S. Army Corps of Engineers’ Civil Works projects fails to adequately fund critical deep-draft navigation projects. This is an ongoing problem for the nation’s maritime transport system, which is facing imminent crisis as a result of continued insufficient federal funding for the Corps of Engineers to perform channel maintenance dredging. Especially troubling is misuse of the Harbor Maintenance Trust Fund (HMTF), which receives ad valorem taxes paid on imports and coastwise movements. The HMTF was established by Congress in 1986 to recover costs of maintaining the nation’s deep-draft navigation channels. Rather than releasing the funds for their intended purpose, however, a significant portion remains idle. In fact, surplus funds in the HMTF have grown from year to year. Based on the FY ’05 budget just announced, the fund surplus is expected to grow by an additional $377 million between FY ’04 and FY ’05, to over $2.6 billion. "While denied access to these much needed funds, our nation’s waterways are suffering the effects of inattention," said AAPA President Kurt Nagle. "Unless this situation is rectified, America will soon face dire consequences as our system of transport for global trade is seriously compromised." As a case in point, a major channel connecting east New Orleans to the Gulf of Mexico is filling with silt due to insufficient funds to dredge it. As a result, some deep-draft ships are no longer able to make it into the port. The Louisiana shipping industry estimates that the U.S. Army Corps of Engineers needs to invest $23 million into dredging the state’s three main shipping routes or face losing business – or even worse, ships running aground and spilling their cargo. The scenario is mirrored throughout the nation, with dredging needs going alarmingly unaddressed. "Channel maintenance needs are increasingly mounting to crisis proportions with each year that passes without sufficient funds for dredging," Nagle said. "We strongly urge the Administration and Congress to release the HMTF funds in 2005, or face the prospect of crippling America’s waterways and rendering them unable to support the nation’s projected growth in international trade."
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

TESSCO Installs Chesapeake Bay Police Boat Video System

Leading networking company, TESSCO Technologies Incorporated, informs it has worked closely with the Maryland Department of Natural Resources (DNR) to successfully implement,

Livingston Appoint Candace Sider V-P Regulatory, Canada

Customs brokerage and trade compliance advisors, Livingston, say that to better reflect the company’s integral role in regulatory affairs for its clients, Livingston

Ingram Barge Order 20 Tank Barges for 2015

Ingram Barge Company say they will be building 20 tank barges in 2015 to meet growing demand for chemical shipments. While most of the company’s recent tank barges have come through acquisitions,

Ports

South Carolina Ports Container Volume Up by 13%

SC Ports Authority reported container volumes up 13 percent fiscal year to date, a strong start to the first two months of the fiscal calendar. The SCPA handled 163,

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

MM&P Hopes to Pad Ranks with Brown Water Mariners

New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote on Joining New Union Uniting with the International Organization of Masters,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.1430 sec (7 req/sec)