Senator Hollings Offers Budget Proposal

Thursday, March 20, 2003
Senator Hollings (D-SC) e is offering an amendment to the budget resolution that would, if adopted, transfer $2 billion of the proposed tax cut to pay for various requirements of the Maritime Transportation Security Act. Under his proposal, $450 million would be allocated for grants to ports and facilities, $150 million would be allocated for states and other entities, and $10 million would be used to develop seaport security training curricula.

Finance

California: A Strong Shipbuilding State

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance

Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA,

SUNY Maritime Among 'Best Bang for the Buck' Colleges

SUNY Maritime College has been named one of the best colleges for its price by Washington Monthly.   SUNY Maritime placed in the top 30 schools in the Northeast.

 
 
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