New Legislation Aims to Help American Ports

Posted by Eric Haun
Tuesday, March 04, 2014
Jim McDermott

Congressman Jim McDermott (D-Wash.) introduced The Maritime Goods Movement Act for the 21st Century (H.R. 4105) legislation that would replace the Harbor Maintenance Tax (HMT), designed to fund the operation and maintenance of American ports.

McDermott said HMT is outdated and currently incentivizes shippers to bypass American ports and move goods bound for the United States through Canada and Mexico, amounting to $30 million in losses to maritime infrastructure, with losses expected to increase if current trends continue. This status quo imperils American jobs and industry, the Congressman added; for example, approximately 10,000 jobs, currently supported by activities at the Ports of Seattle and Tacoma, are at risk.

“The global competitiveness of our ports is on the line. We must reform the way we fund the operation and maintenance of ports in Washington State and across the nation,” said Congressman McDermott. “This legislation nearly doubles the amount of funding for our ports each year. $1.6 billion in increased funding will keep American ports competitive in global shipping, create new American jobs and energize a key sector of the American economy.”

Impact of H.R. 4105

According to McDermott, replacing the HMT with the Maritime Goods Movement User Fee would discourage shippers from diverting U.S.-bound goods through Canadian or Mexican ports. The Maritime Goods Movement Act for the 21st Century also significantly improves funding for infrastructure investments at American ports by guaranteeing that every dollar of User Fee revenue is spent on port operation and maintenance. At present, less than half of HMT revenue is spent on port upkeep. As a result, American ports are struggling to make the infrastructure investments they need to support American businesses.

Support for H.R. 4105
The Maritime Goods Movement Act has the support of a diverse group of 50 stakeholders and a coalition of naturally deep draft Puget Sound ports, Columbia River ports that require operation/maintenance, and small ports.

“Passage of this important legislation would increase the competitiveness of Washington’s ports by directing more federal investments into the Pacific Northwest’s maritime infrastructure. In introducing the bill, the state’s Congressional delegation is demonstrating a commitment to jobs both in Washington State as well as throughout the U.S,” said Clare Petrich, President, Port of Tacoma Commission.

“These reforms will save thousands of Puget Sound jobs at risk as more cargo is diverted to ports outside our region,” said Tay Yoshitani, CEO of the Port of Seattle. “We greatly appreciate the leadership of Rep. McDermott and his colleagues who are tackling one of the most important and challenging federal policy issues facing ports today.”
 

Maritime Reporter August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Citigroup Seeks British Court Backing on China Metals Claims

Citigroup Inc said on Friday it has started proceedings in commercial court in London to enforce its rights over $285 million of financing at two ports in China,

Asia-N.Europe Container Freight Rates Jump 21%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday,

Greek Warship Evacuates Libya Personnel

Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus,

News

Citigroup Seeks British Court Backing on China Metals Claims

Citigroup Inc said on Friday it has started proceedings in commercial court in London to enforce its rights over $285 million of financing at two ports in China,

MARAD, ABS Sign MOA for NDRF Class and Survey

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS),

Salvage Crews Avert Disaster in the Galápagos

Mammoet Salvage helps avert environmental disaster in the Galápagos Islands Mammoet Salvage and its partner, CPT Remolcadores SA of Chile, recently responded

Government Update

MARAD, ABS Sign MOA for NDRF Class and Survey

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS),

Kurdish Crude Oil Tankships: End-Game Still in Doubt

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good. Seemingly

MNZ Opens New Office in Port Taranaki

Maritime New Zealand (MNZ) informs that for the first time in 5 years it has a permanent presence in New Plymouth on the opening of a new office at Port Taranaki

Logistics

SEACOR Holdings Announces Q2 Results

SEACOR Holdings Inc. has announced its results for its second quarter ended June 30, 2014. For the quarter ended June 30, 2014, net income attributable to SEACOR Holdings Inc.

Asia-N.Europe Container Freight Rates Jump 21%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday,

New Tolls Structure at Panama Canal

The Panama Canal Authority has advised that a new tolls structure will be introduced when the expanded Canal opens. The proposal the Authority plans to present

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators 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: 0.0999 sec (10 req/sec)