Federal Budget Released

Tuesday, February 08, 2005
The Office of Management and Budget (OMB) released the President’s 2006 Budget. The Departments of Defense and Homeland Security generally did well. Other departments and agencies are slated for significant cuts. The Coast Guard’s budget would be increased 9.9%. The budget for the Office of Border and Transportation Security (which includes the Customs and Border Protection) also would be increased 9.9%. The budget for the St. Lawrence Seaway Development Corporation would remain unchanged, but only if Congress enacts a proposal to collect user fees. The budget for the Maritime Administration would be cut by 3%, with funding for the Title XI loan guarantee program being eliminated. The budget of the U.S. Army Corps of Engineers for operation and maintenance would be increased by 1.8%. Please bear in mind that this is merely a budget request and a lot can and will happen before monies are actually appropriated. (HK Law)
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Australia Announces Patrol Boat Tender

Tender announced for Pacific Patrol Boat Replacement Project   The Australian Government announced a Request for Tender (RFT) to replace the Pacific Patrol Boats

6 NATO Ships Begin Joint Black Sea Exercise

Six NATO warships, including Turkish, Bulgarian and Romanian vessels, have arrived to the Black Sea to start joint training exercises.    NATO ships assigned

Fire Aboard US Navy Ship

A fire broke out aboard a U.S. Navy amphibious dock landing ship USS Gunston Hall (LSD 44) at approximately 2 p.m. yesterday while the ship was undergoing maintenance

Finance

Stronger Panamaxes Boost Baltic Sea Freight Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments.

Egypt: Suez Canal Zone to Make Up 30-35% of Economy

Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy, the country's investment minister said on Thursday.

Australia Announces Patrol Boat Tender

Tender announced for Pacific Patrol Boat Replacement Project   The Australian Government announced a Request for Tender (RFT) to replace the Pacific Patrol Boats

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair
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: 0.3410 sec (3 req/sec)