AAPA Commends Senate Passage of WRDA Bill

MarineLink.com
Wednesday, May 15, 2013
AAPA President and CEO Kurt Nagle (Photo: AAPA)

The American Association of Port Authorities (AAPA) lauded Sens. Barbara Boxer (D-Calif.) and David Vitter (R-La.), chairman and ranking member, respectively, of the Senate Committee on Environment and Public Works, for their leadership in advancing S. 601, the Water Resources Development Act of 2013 (WRDA), through the Senate. The legislation was passed by a vote of 83-14.

“AAPA commends Senators Boxer and Vitter on their leadership in advancing this legislation to spur vitally needed maintenance and improvements in America’s seaport related infrastructure and waterways,” stated AAPA President and CEO Kurt Nagle.

“Senators Boxer and Vitter recognize the significant benefits more modern, efficient seaport and waterway infrastructure will have on our nation’s economic vitality, job growth and international competitiveness, as well as its value in helping address federal fiscal realities through sizable tax revenues provided by the cargo and trade activity moving through these systems,” Mr. Nagle said. “Increased investments are needed to better maintain and improve the transportation infrastructure on our three coasts and the Great Lakes, linking America to the global marketplace.”

He added, “America’s public ports and their private sector partners plan to invest over $46 billion in seaport infrastructure in the next five years. We need the federal government to uphold its end of the partnership, including badly needed improvements to the land- and water-side connections to seaports.”

Adolph Ojard, AAPA chairman of the United States delegation and executive director of the Duluth Seaway Port Authority, said WRDA is a timely opportunity to address key federal policy issues of major importance to U.S. seaports and the nation. “As the federal government looks to resolve its budget and deficit challenges, it’s imperative to focus scarce federal resources in those areas that can have the greatest impact,” said Chairman Ojard. “Investments in seaports are an essential, effective utilization of limited federal resources, paying dividends through both immediate and long-term sustainable job creation, economic growth, tax revenues, and enhanced international competitiveness.”

Seaports and the cargo activity they handle are vital components of the national economy. More than 99 percent of overseas trade moves through America’s seaports and more than a quarter of U.S. GDP is accounted for by international trade. Furthermore, cargo moving through America’s seaports is responsible for more than 13 million U.S. jobs and seaport activity generates in excess of $200 billion annually in federal, state and local tax revenues.

A recent study by the American Society of Civil Engineers (ASCE) found that under current budget trends, less than half of the needed investments in seaports and waterways would be made by the year 2020. In just seven years, this “failure to act” would cost the U.S economy almost $700 billion in lost GDP, $270 billion in lost U.S. exports, additional costs to each household of $770 a year, and 738,000 lost jobs.

To address one of the key components of the WRDA – collection and use of the federal Harbor Maintenance Tax (HMT) – AAPA’s U.S. Legislative Policy Council has adopted six guiding principles. The principles include guaranteeing full use of HMT annual revenues; ensuring that funding from HMT revenues first should be used for historical intended purposes; providing more equity for HMT donors; assuring that U.S. tax policy not disadvantage U.S. ports and maritime cargo; ensuring a process to efficiently study and construct deep draft navigation projects; and, modernizing the cost-share formula for dredging federal navigation channels.

“With the recent floor action on Senate Bill 601, AAPA and our members are in the process of reviewing the details of the legislation, as amended, and we will be able to more fully address the specifics provisions of the bill in the near future,” said Mr. Nagle. “We look forward to working with the House Transportation and Infrastructure Committee as it develops its WRDA legislation toward the goal of successful passage and enactment of legislation addressing the infrastructure needs of seaports throughout the United States.”

www.aapa-ports.org

 

Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

Passenger Vessels

Lerwick Harbor sees Positive Outlook

Lerwick's importance as a gateway for Shetland’s communities and industries is underlined by an increase in passenger traffic, cargo handled and fish landed in 2014.

Seabourn Names New Cruise Ships

Seabourn Encore and Seabourn Ovation will be the names of new ships joining the fleet of luxury cruise line Seabourn in late 2016 and spring 2018.  Both are part of the line's Odyssey class,

'World's First Hybrid Superyacht'

Developed by Dutch shipbuilders Feadship, the 83.5m Savannah is touted as the world's first hybrid super yacht. Vessel is 30% more fuel efficient than similar sized counterparts, claims the company.

Government Update

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

USCG Updates Rules for Arrival/Departure Notices, AIS

Final rule on vessel requirements for Notices of Arrival and Departure and Automatic Identification System published in Federal Register   U.S. Coast Guard (USCG)

 
 
Maritime Security Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.1745 sec (6 req/sec)