No Cost-Share Security Grants

Monday, June 01, 2009

The Passenger Vessel Association called member attention to the recently enacted economic stimulus bill contains $150m for a new round of financing for competitive Port Security Grants.  Program Guidance and Application Kits are available online (www.fema.gov/grants). Click on “American Recovery & Reinvestment Act (ARRA).”

Many PVA members will be eligible to apply.  Several changes from past grant rounds may make these grants potentially more attractive to PVA members. 

Key features in the FY 2009 ARRA Port Security Grant Program (PSGP) include:
•    There will be no applicant cost share required.  Federal grant funds will finance 100 percent of eligible projects.
•    Any owner or operator of a MTSA-regulated vessel or facility is eligible to apply.  This means that if a vessel or facility is required by the Coast Guard to have an approved security plan, the owner or operator can submit a grant application.  The vessel can operate as a ferry or in any other capacity.
•    An eligible use of funding would be to purchase and install Automatic Identification Systems (AIS) on vessels.  A PVA operator has successfully applied for funding for this purpose in the fiscal 2009 round, thus establishing a precedent.  With many PVA operators likely to be required to install AIS as a result of a pending Coast Guard rule, some may wish to get ahead of the rule and apply for funds for AIS and related equipment to increase Maritime Domain Awareness.
•    An eligible use of funding would be to purchase and install TWIC readers.

Other permissible uses of grant funds include:  installation of closed-circuit television systems in vessel bridges and engine rooms; fencing and other perimeter security; lighting; canine explosive detection teams, in some circumstances; and training and exercises.

Completed applications must be submitted no later than 11:59 p.m. ET, June 29, 2009. 


Finance

Norsepower Secures Funds for World’s Largest Rotor Sail

Norsepower Oy Ltd., today announces that it has been selected to receive €2.6M in funding to further its research and development of the Norsepower Rotor Sail Solution technology.

Cosco Eyes Spanish port of Algeciras

Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate,

UASC's Dismal Performance

United Arab Shipping Company (UASC), which is close to merging with Hapag-Lloyd, revealed enormous deficits and a massive debt in its key financial figures, says Alphaliner.

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.0812 sec (12 req/sec)