NWF Study: Many Beneficiaries of Waterway System

press release
Thursday, October 27, 2011
Michael W. Hennessey, NWF Chairman

Barge Transport Claims Only a Portion of the Benefits Our Navigable Waterways Make Available to the Nation.

 

The National Waterways Foundation (NWF) has produced a new brochure – “Waterways: Vital to the Nation” – capturing the key findings of the January 2011 study, “Toward a Full Accounting of the Beneficiaries of Navigable Waterways,” by the University of Tennessee Center for Transportation Research. The study addresses the broad range of beneficiaries of America’s inland waterway pools and channels.  Specifically:

 

• Creation and sustainment of jobs for American workers:  America’s inland waterways system provides thousands of family-wage jobs in related industries that help to move the 624 million tons of waterborne cargo transported on the waterways system annually.  

• Shipper savings: For the entire U.S. inland river system, the estimated national shipper savings was $7 billion, which is passed onto consumers who pay less for key commodities such as electricity.  This is especially important in a down-economy. 

• Flood control: Dams and tributaries collect runoff and help maintain navigation pools.  Recent flooding on the Ohio, Mississippi and Missouri Rivers demonstrate the value of this flood control system.  

• Recreational boating opportunities: In 2009, more than 382,000 recreational vessels passed through navigation locks free of charge.

• Hydropower generation: Supported by our inland waterways navigation system, the nation’s hydropower plants generate billions of green, sustainable kilowatt hours (KWH) annually.

• Industrial and municipal water supply: In 2008, municipal and industrial users withdrew a total of 23.3 billion gallons of water daily from navigation pools on the Ohio River system alone, representing an estimated value of $953.5 million per year.

• Waterfront economic development: Study findings on one Tennessee reservoir indicates that elevation increases in water levels yielded a direct increase in the value of waterfront property.

 

Our waterways system supplies the nation with multiple benefits today and can for the future.  But only proper investment and judicious care will allow those benefits to Keep America Moving! “The Foundation’s brochure, based on this important study, underscores the various beneficiaries of our waterways system, of which commercial users are just one part.  Without continued investment in our waterways infrastructure, the waterways benefits may be lost and our economy negatively impacted in many ways,” said Mike Hennessey, National Waterways Foundation Chairman. The mission of the National Waterways Foundation is to develop the intellectual and factual arguments for an efficient, well-funded and secure inland waterways system. The brochure is attached.  The full study can be found by clicking: HERE. 
 

Maritime Today


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

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

People & Company News

Costa Concordia Captain's Sentence Upheld

The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court.

Partners Target Improved Maritime Efficiency

On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding &

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

Workboats

Apply Now for the MN 100

The August 2016 edition of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators,

Bay Shipbuilding Delivers ATB to Moran

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel

Tech & Design Solutions for Modern Workboats

EPA Tier 4 regulations (for engines of 804 hp and higher) and propulsion advancements have many manufacturers and vessel designers changing course to adapt to new requirements and customer demands.

Finance

Baltic Index Up On Higher Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Environmental

First German-Latvian Maritime Forum in Riga

On 19 May, Ziemelblazma Culture Palace in Riga, the Latvian capital was the venue for a meeting between numerous representatives of the Ports of Liepaja, Riga, Ventspils, Lübeck, Kiel and Hamburg.

Trim Optimization – Saving Fuel on Offshore Supply Vessels

A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill,

The Impact of Hull Form on Efficiency

There is a growing interest in the fuel efficiency of ships because of fuel prices, climate change and energy security issues. This has resulted in, amongst other things,

Logistics

New OPDR Service Links Spain with Northern Europe

OPDR introduces new service: CAVA offers connection between the Spanish east coast, northern Europe and Saint Petersburg    OPDR announced its new CAVA service,

BIMCO President Speaks on Dry Bulk's Road to Recovery

“Scrapping ships and no new builds is the fastest road to recovery for the dry bulk market” BIMCO President Philippe Louis-Dreyfus comments on BIMCO’s latest market

Baltic Index Up On Higher Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Winch
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: 0.1278 sec (8 req/sec)