U.S. Senate passes $12.3 billion WRRDA Bill

posted by Joseph Keefe
Thursday, May 22, 2014
file photo: an inland pushboat and its barges on the Mississippi River

The U.S. Senate on Thursday overwhelmingly approved legislation that authorizes spending on inland waterways and port infrastructure, and tackles flood protection and measures to limit damage from storms.

The Water Resources Reform and Development Act (WRRDA) passed by 91 to 7 after being approved by the House of Representatives on Tuesday in a lopsided vote of 412 to 4.

It now goes to President Barack Obama, who is expected to sign it into law.

The $12.3 billion bill, the first major U.S. waterways legislation in seven years, authorizes 34 projects across the country, from deepening a port in Jacksonville, Florida, to dredging and expanding Boston Harbor, to funding for oyster restoration prospects on Chesapeake Bay.

The bill also defunds some $18 billion in old, inactive projects authorized in prior legislation.

Farm groups, among others, had urged lawmakers to pass the bill as a way to improve the infrastructure used to move millions of tons of U.S. grain to port for export.

"The ports, channels, locks, dams and other infrastructure that support our waterways transportation are vital to America's ability to provide affordable agricultural products at home and abroad," said the American Farm Bureau Federation.

The U.S. Chamber of Commerce also backed the bill, which it said would "kick-start strategic investment" in ports and waterways, create jobs and boost international trade.

 

Reporting by Ros Krasny

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

Savannah Port Sets Cargo Record

Port of Savannah set records for both container volumes and total tonnage in May, with the highest tonnage ever recorded in a single month.   The Port of Savannah has handled more than 338,

Dredging

Boskalis Wins Portsmouth Channel Expansion Order

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from the Defence Infrastructure Organisation of the Ministry of Defence for the capital

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Port of LA to Start Yusen Terminal Improvements

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year

News

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

Technip Wins Jurong's FPSO Conversion Contract

Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating,

Maritime Safety

Boskalis Wins Portsmouth Channel Expansion Order

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from the Defence Infrastructure Organisation of the Ministry of Defence for the capital

Samsung Bags Order for Decks on Johan Sverdrup

Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung the contract for decks for both the process and riser platforms.  The total contract value is NOK 7 billion.

Maritime, Migration Heads Pledge Joint Action

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment

People in the News

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

Maritime, Migration Heads Pledge Joint Action

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment

Government Update

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

Maritime, Migration Heads Pledge Joint Action

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment

Logistics

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

SeaZip Offshore Service Commences Operation

Harlingen-based SeaZip Offshore Service has entered into a partnership agreement with Heerema Marine Contractors (HMC). HMC, the world's market leader in transporting,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.2319 sec (4 req/sec)