MARC 2000 to Merge with Waterways Council

Monday, December 18, 2006
The Board of Directors of the Midwest Area River Coalition (MARC 2000) voted unanimously on December 15, 2006 to approve the merger of MARC 2000 into Waterways Council, Inc. The Board of Directors of Waterways Council had previously approved this merger. Under the terms of the agreement, Waterways Council will retain the right to continue to use the name MARC 2000 in pursuance of the Midwest region’s priorities and goals. It is expected that this merger will be completed by the end of 2006.

This merger is designed to nationalize the issue of lock modernization for the Upper Mississippi River and Illinois Waterway (UMRS) to help accomplish the mission of maintaining and modernizing the waterways infrastructure of the UMRS. The MARC 2000 coalition, with headquarters in St. Louis, Missouri, was formed in 1992 to promote Midwest economic growth through the responsible development and improvement of the infrastructure of the UMRS, which includes the Mississippi and Illinois Rivers. Waterways Council, which is based in Washington, DC, and lead by President and CEO R. Barry Palmer, plans to maintain a Midwest regional office to be headed by Paul Rohde, current president of MARC 2000. Under the terms of the merger agreement, MARC 2000 has committed to encourage its members to remain as members of Waterways Council, Inc. and to provide support to Waterways Council’s priorities. These priorities include working to ensure an optimal level of federal support and funding for the planning, construction, operation and maintenance of port and inland waterways navigation improvements, and working to ensure public awareness of the integral role of a modern and well-maintained system of navigable ports and inland waterways to meet the Nation’s transportation needs.

A transition team will be appointed for the merger composed of representatives from Waterways Council, Inc. and MARC 2000.

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

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Navy

Damen Outfitting First of Nine Bahamas Patrol Boats

The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.

US Navy: Tortuga Allision Costs CO, XO Their Jobs

USS Tortuga's (LSD 46) Commanding Officer, Cmdr. Thomas Goudreau and Executive Officer, Cmdr. John Fleming, were relieved of their duties Dec. 16, due to loss of

Japan Gains Edge in Australia Submarine Deal

Australia and Japan appear to be inching closer to an agreement on the sale the top-secret technology from Japan to build a fleet of new generation submarines.

 
 
Maritime Careers / Shipboard Positions Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1437 sec (7 req/sec)