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

Ports

Hike in Service Tax at Indian Ports

  The Indian Ministry of Finance has advised an increase in service tax and applicable at all ports. The effective date has not yet been announced. The

Green Groups Sue Port of Seattle

A coalition of environmental groups has sued the Port of Seattle over a leasing agreement to host Shell Oil’s Arctic drilling fleet, claiming the deal was negotiated

Manila Port Congestion Eased: Palace

Malacañang has declared that the congestion at the Port of Manila has been resolved, noting the various measures that the government and the private sector have implemented to address the problem.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Repair 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: 0.1570 sec (6 req/sec)