Study Evaluates U.S. Maritime Policies

Wednesday, January 14, 2009
The Maritime Administration has issued a new study that evaluates the adequacy of current U.S. maritime policy to meet the commercial, economic, security and environmental needs of the nation over the next three decades. The report titled, ìAn Evaluation of Maritime Policy in Meeting the Commercial and Security Needs of the United States,î was researched and prepared by IHS Global Insight, Inc., of Lexington, Mass. The 72-page report finds that current U.S. maritime policy only supports Americaís domestic maritime trades and is not supportive of U.S. participation in the international trades. However, the study also advises that possible reforms in national policy may lend more support to the U.S. maritime industry. Maritime Administrator Sean T. Connaughton said, ìIt is clear that marine transportation is the most important mode of transportation for future growth of the U.S. economy; but current U.S. policy does not seem to reflect the importance of this modeóand for America to succeed, it must.î To help create a more robust marine transportation system, Administrator Connaughton continues to advise U.S. policymakers that government support of the freight transport system must anticipate and respond to potential shipping bottlenecks that cause delays and undermine regional and national economic growth. The main task for policymakers, he says, is to ensure that the maritime system will have adequate capacity and reliability to transport ever increasing volumes of cargo and numbers of people in an efficient and environmentally sound manner. The full report and its findings are available online at Maritime Administration web site, www.marad.dot.gov.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Nordic American Offshore Declares Dividend

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.

Missouri River Basin is Booming

The U.S. Army Corps of Engineers Missouri River Basin Water Management Division is maintaining above normal releases at the four lower dams on the Missouri River.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Electronics 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: 0.2022 sec (5 req/sec)