NYC Aid Package Includes Ferry Funds

Friday, January 04, 2002
Congress gave final approval of legislation to aid New York City in coping with the damages and economic dislocations caused by the terrorist strikes. The price tag for the total package exceeds $11 billion. Included is $100 million for "critical expansion of interstate ferry services necessitated by the attacks of September 11." The money is derived from the Federal Highway Trust Fund, which is supported by federal excise taxes on gasoline and other fuels. More than 67,000 commuters per day used to ride the PATH transit system below the Hudson River from New Jersey to the World Trade Center; the PATH network is now out of commission. Congress intends that expanded ferry services will help "take up the slack" for the years until restoration of the PATH system is complete

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Yilport Acquires Sweden's Gavle Terminal

Turkish terminal operator Yilport Holding has gained full control of Gävle’s terminals.   Yilport Holding acquired 100% shares of Gävle Container Terminal (GCT) and Baltic Sea Gateway (BSG).

China's CNOOC Expands Fujian LNG Terminal

China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel,

Abu Dhabi Puts Fujairah LNG Terminal On Hold

Citing sources familiar with the matter, Bloomberg reports that Abu Dhabi is delaying the construction of the UAE’s first land-based LNG import terminal after

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
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: 0.0655 sec (15 req/sec)