Whitfield, Costello File Legislation to Strengthen Inland Waterways

Press Release
Thursday, April 12, 2012

Washington, D.C. - U.S. Representative Ed Whitfield (KY-01), Chairman of the Subcommittee on Energy and Power, with Representative Jerry Costello (D-IL-12), a senior member of the Transportation and Infrastructure Committee, today filed the Waterways Are Vital for the Economy, Energy, Efficiency, and Environment Act of 2012 (WAVE4 Act) with bipartisan co-sponsorship. The Act aims to ensure safe, dependable, cost-effective, and environmentally sustainable navigation on the U.S. inland waterway system.

“Efficient and reliable transportation of goods on our inland waterways is essential to economic development, job creation, and remaining competitive in the global marketplace,” said Representative Whitfield.  “Our aging infrastructure jeopardizes efficient waterborne commerce and highlights the need for the WAVE4 Act, which will implement a comprehensive plan to improve project management and put in place an objective investment strategy that will prioritize our infrastructure needs.”

Representative Costello, lead Democratic co-sponsor, said: “This legislation represents a comprehensive effort among key stakeholders to more efficiently use the resources dedicated to improving our inland waterway system.  Importantly, industry has committed to paying more to meet the maintenance challenges we face, and addressing how projects are prioritized should be a part of this process. We must continue the dialogue on how we accomplish these goals. Our future economic growth depends on it.”

Other co-sponsors include Representatives Robert Aderholt (R-AL-04), Russ Carnahan (D-MO-03),  John Duncan (R-TN-02), Tim Johnson (R-IL-15), and Terri Sewell (D-AL-07).

“The people in Missouri understand the importance of our inland waterways,” said Representative. Carnahan. “Billions of dollars in trade and transport are conducted every year on the river, making businesses more efficient and keeping vehicles off our roads. Inland shipping is a vital part of our transportation infrastructure and must be properly maintained for our economy to continue growing. I support this good start towards ensuring that crucial maintenance is completed that allows for full utilization of our rivers.”

The WAVE4 Act requires, among other things, the use of objective criteria for the prioritization of essential construction and major rehabilitation projects and protects against cost overruns.

Additionally, it revises the current cost-sharing structure for inland waterways projects, reforms the Army Corps of Engineers internal project delivery process, and calls for additional contributions from the waterways industry to pay for these vital infrastructure investments.

With 12,000 miles of commercially navigable channels, and 240 lock sites, the inland waterways system moves commerce to and from 38 states, serves industrial and agricultural centers and facilitates imports and exports at gateway ports. Every year, roughly 624 million tons of cargo transits the inland waterways, valued at nearly $70 billion.

 

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

News

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

Body Of Korean Boy Who Raised Alarm On Sinking Ferry Found

The body of a South Korean boy whose shaking voice first raised the alarm that a passenger ferry with hundreds on board was in trouble has been found, his parents believe,

UASC Introduces New Asia - Europe Network

UASC has introduced its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden

Government Update

Limited US Arctic Commercial Development Foreseen: GAO Report

Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining.

Korean Prosecutors Raid Home of Ferry's Owner

Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co.

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

 
 
Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar 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: 0.0751 sec (13 req/sec)