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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Stena Sonangol Suezmax Pool Rings in 10 Years

Stena Sonangol Suezmax Pool celebrates 10 years of collaboration and trading.   The 10th anniversary celebrations took place in London on May 20. Today on May 26 it is Houston’s turn and,

UNOLS Seeks Fleet Improvement Committee Chair

The University-National Oceanographic Laboratory System (UNOLS) informs it is seeking nominations to fill a Fleet Improvement Committee (FIC) Chair position.   The position,

Former Petrobras Exec Sentenced to 5 Years Jail

A Brazilian judge sentenced a former international director at state-run oil firm Petroleo Brasileiro SA to five years in prison for money laundering on Tuesday,

Navy

Rising from the Ashes

The federal government is now taking steps to reverse its 2010 decision to terminate the nation’s LORAN program. The LORAN program was initiated during World War II,

Taiwan Offers South China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at

Singapore and China Conclude Naval Drill

The Republic of Singapore Navy (RSN) and the People's Liberation Army (Navy) (PLAN) concluded the inaugural Exercise Maritime Cooperation, a new bilateral naval exercise series on Tuesday (May 26).

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.1481 sec (7 req/sec)