Ports Applaud Congressional Passage of WRDA

Thursday, December 14, 2000
U.S. public ports applauded final passage of the Water Resources Development Act (WRDA), S. 2796, conference report by the House of Representatives on November 3. The President is expected to sign this significant legislation that authorizes deepening and modification of federal navigation projects at our nation's ports. Improving navigation infrastructure generates significant economic returns at the local, regional and national levels.

"Ports are very pleased that Congress has enacted this critical piece of legislation. Improved, deeper navigation channels translates into greater employment and other economic benefits," said AAPA President Kurt Nagle. "Regular passage of WRDA legislation is integral to the nation's competitiveness in international markets. and we are pleased that Congress is back on schedule in approving legislation every other year." Major port projects in WRDA 2000 include deepening the ports of New York-New Jersey and Los Angeles and modification to projects in several other ports. A strong Federal investment in the nation's ports allows for increased international trade, a strengthening of local and national economies, an increase in higher paying jobs, as well as an improved standard of living. The amount of cargo moving through U.S. ports is expected to double in the next two decades. For this reason, the nation must have modern infrastructure to support this growth in trade. As the link to the international marketplace, ports and navigation channels must continue to be updated and modernized to remain competitive. Therefore, it is vital that Congress and the Administration work closely with the port industry to meet the needs of this growing economy. Since WRDA '86, the Federal investment in improvements to the nation's navigation infrastructure is matched by a local share that varies depending on the depth of the project. In addition to investments in navigation infrastructure, ports have invested billions of dollars of additional local funding for landside terminal facilities. Ports depend on the Federal government to deliver on its side of the partnership; regular, predictable authorization for navigation improvements is a necessity.

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

Contracts

China Shipyards Bag the Week's Ocean-going Newbuild Orders

Reported ordering this week has been exclusively focussed on the Chinese yards, says Clarkson Hellas in their latest 'S&P Weekly Bulletin'. Dry bulk carriers COSCO

Scorpio Tankers Report Q2, 1H 2014 Profit Slip

Scorpio Tankers Inc. has reported its results for the three and six months ended June 30, 2014. Highlights excerpted here as follows: Results for the three months ended June 30,

MTN Lands Cruise Line SatCom Contracts

MTN Communications (MTN) says that three cruise operators around the world have selected the company for its passenger, crew, corporate communications and content services.

Ports

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Location of New Port Expansion Projects: Analysis

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
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: 0.1801 sec (6 req/sec)