NWF Study: Many Beneficiaries of Waterway System

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

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

GLTT to Receive WIRE-Net Mission Builder Award

WIRE-Net has selected The Great Lakes Towing Company and Great Lakes Shipyard as one of the four local manufacturing companies to receive this year’s Mission Builder Awards.

ABB Appoints Ulrich Spiesshofer CEO

The Board of ABB has appointed Ulrich Spiesshofer, head of its Discrete Automation & Motion (DM) division, as Chief Executive Officer. Ulrich Spiesshofer will

Maritime London Appoints Jeffrey Evans Chairman

Maritime London has appointed shipbroker Alderman & Sheriff Jeffrey Evans as its chairman to follow David Moorehouse CBE. Made up of professional UK maritime service firms,

Workboats

GLTT to Receive WIRE-Net Mission Builder Award

WIRE-Net has selected The Great Lakes Towing Company and Great Lakes Shipyard as one of the four local manufacturing companies to receive this year’s Mission Builder Awards.

Dubai Marine Craft Operators Now Need License

Dubai Maritime City Authority (DMCA) begins issuing marine driver’s license in Dubai to boost maritime safety and efficiency on local shores. The recent decision

KOTUG Christens its Latest Vessel

International maritime service provider KOTUG celebrated the christening ceremony of one of the latest generation RotorTugs during their traditional Herring Party in Bremerhaven,

Finance

Reducing Costs of Shipbuilding: NSRP Issue Research Notice

The National Shipbuilding Research Program (NSRP) plans to issue a research announcement in August, 2013 & in the meantime issues this pre-solicitation notice in

Boatbuilding Booms as More Americans Take to the Water:

New data from The National Marine Manufacturers Association (NMMA) show 88 million Americans expected to take to U.S. waterways this summer. NMMA add that recreational boating in the U.

White & Case Publish New Marine Industry Report

Global law firm White & Case LLP announced the availability of a new report, "Restructuring & Beyond: The marine industry's routes to safety." The report focuses

Environmental

Decom North Sea to Host Lunch and Learn Event

Decom North Sea (DNS), the offshore oil and gas decommissioning forum, will host a lunch and learn to provide attendees with an insight into supply chain companies’ decommissioning capabilities.

Antech Receives Investment Backing

AnTech Ltd, an engineering company that provides directional coiled tubing drilling (DCTD) services, announced that it has secured a substantial investment from

“Lies, Damned Lies & Statistics”

Popularized by Mark Twain and generally credited to 19th-century British Prime Minister Benjamin Disraeli (1804–1881)*, the above line, which in its full form is “There are three kinds of lies: lies,

Logistics

Containership Operators Respond to Market Decline, Form Alliance

Maersk Line, MSC Mediterranean Shipping Company S.A. and CMA CGM have in principle agreed to establish a long-term operational alliance on East – West trades, called the P3 Network.

China Shippers' Summit, September 2013, Invites Speakers

The call for Mandarin and English submissions to present talks for the Intermodal China 2013 - Shippers' Summit is now open until July 12, 2013. Organized by UBM China,

China Container Terminal Cargo Volumes Surge

Chongqing Container Terminal in Southwest China reports container volume up 29.7% to 166,000 teu in Q1 2013. Import and export container volume climbed 29.7 per cent to 166,000 TEU.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright