Legislation Signed for Ports Upgrades

By Michelle Howard
Wednesday, August 27, 2014

Today, Governor Brown signed AB 2395 Legislation. The bill was co-authored by Bonnie Lowenthal chair of the Assembly Transportation Committee and the Select Committee on Ports (D-Long Beach); Jeff Gorell, a member of the Select Committee on Ports (R-Camarillo); and Hannah Beth Jackson (D-Santa Barbara).
 
By increasing the Oxnard Harbor District's borrowing authority from its current $1 million to $10 million, the legislation will help The District upgrade and modernize its facilities. The bill maintains stringent accountability standards, including a required two-thirds vote by the District's Board of Harbor Commissioners for any new borrowing.
 
"A lot has changed since 1984, and our ports need to be able to compete in the global economy," said Bonnie Lowenthal, chair of the Assembly Transportation Committee and the Select Committee on Ports.  "By modernizing the financing ability for the Port of Hueneme, they'll be able to take on some significant infrastructure upgrades, create jobs and increase local revenue."
 
"This legislation will help the Oxnard Harbor District and the Port of Hueneme in their efforts to modernize the port's infrastructure and to expand the global footprint of Ventura County's commercial shipping port," stated Assemblyman Jeff Gorell.  "As the only deep water port between southern and northern California, there are tremendous opportunities at the Port of Hueneme to provide excellent jobs to Ventura County workers."
 
Port Commission President Mary Anne Rooney said,"The Board wants to express its gratitude to Assembly members Lowenthal and Gorell, as well as to Senator Hannah Beth Jackson, who also supported this important legislation that will increase our borrowing authority. The bill will help The Port remain competitive. It also will enable us to continue upgrading and enhancing our infrastructure, as we did with our recently- completed $13 million shore side power project.  Ultimately, we'll be better able to accommodate our customer's growth plans."
 
"I'm extremely proud to be a principal co-author of this important legislation, which will allow our port to modernize, continue to stay competitive in a rapidly changing global economy, and create jobs," said State Senator Hannah-Beth Jackson.
 
Although a deep-water port with a depth of only 35 feet MLLW (mean lower low water), the Port of Hueneme is currently limited in its activities and applications.  With the increased borrowing authority, the Port will have the means to increase its harbor depth and make associated wharf improvements. Such improvements will allow the Port to accommodate a broader range of vessels and process additional cargo.
 
According to Port CEO Kristin Decas, "At least 40 feet MLLW is necessary to accommodate the Port's anticipated needs into the next several decades. The Port has identified attainable growth goals, but meeting these goals will require the executions of several critical infrastructure projects. The projects will need innovative financing solutions with very limited port capital.  AB 2395 puts another tool in our tool box."
 
The Port does not levy, collect, or spend local taxes, but instead relies on revenue generated from its operations to support its activities. Additional support is generated in conjunction with occasional state and federal competitive funding.

 

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

Ports

Passenger Ferry Capsizes in the Philippines, Nearly 40 Dead

MBCA Kim Nirvana, a passenger boat carrying 189 people has capsized in the central Philippines, minutes after leaving port, the Philippine Red Cross and coast guard spokesman Cmdr.

Litgas, Statoil JV to Develop Baltic Sea LNG

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production,

Port Gothenburg Offering LNG

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced

Finance

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

Container Equipment Costs at Record Low

Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition

KPA: Striking Mombasa Port Workers Must Return by Friday

The Kenya Ports Authority said on Thursday striking workers at the Mombasa port should resume work by Friday morning or lose their jobs, and that normal activities

Environmental

Port Gothenburg Offering LNG

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced

New Monitoring Network for Scottish Ports

Historically, ferry masters operating off the west coast of Scotland would have to sail to a port and on arrival visually assess the weather and tide conditions

BMT Awarded Port Geographe Coastal Engineering Contract

BMT JFA Consultants (BMT), a subsidiary of BMT Group,  has been awarded a contract by the Western Australian Department of Transport (DoT) to provide services as

Dredging

BMT Awarded Port Geographe Coastal Engineering Contract

BMT JFA Consultants (BMT), a subsidiary of BMT Group,  has been awarded a contract by the Western Australian Department of Transport (DoT) to provide services as

Charleston Harbor Deepening Gets US Funding

Charleston Harbor deepening project earns key federal funding for preconstruction engineering and design; U.S. Army Corps of Engineers allocates $1.303 million

European Court Ups Standards for River Dredging

The European Court of Justice (ECJ) ruled on Wednesday that damage to water quality must be considered when authorities approve river dredging to expand ports,

News

Passenger Ferry Capsizes in the Philippines, Nearly 40 Dead

MBCA Kim Nirvana, a passenger boat carrying 189 people has capsized in the central Philippines, minutes after leaving port, the Philippine Red Cross and coast guard spokesman Cmdr.

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

NITC Tankers Chart Western Course

Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

People in the News

MOL Renames Group Ship Management Co.

Mitsui O.S.K. Lines, Ltd. announced today that effective July 2, its wholly-owned ship management company for dry bulkers, New Asian Shipping Company, Limited

TORM's Restructuring Agreement Becomes Effective

As previously reported, TORM has obtained the creditor consents necessary to implement its Restructuring through an English law Scheme of Arrangement (cf. announcement no.

WISTA Seminar on Dry Bulk Receives Wide Response

A Shipping Seminar on "Dry Bulk Chartering, Operations and Arbitration”  held on 27th June 2015 at the Narottam Morarjee Institute of Shipping, Nariman Point, Mumbai was well attended.

Government Update

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

NITC Tankers Chart Western Course

Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

Terrorists Will Exploit EU Migrant Crisis, ESC Warns

ESC Global Security has called for the Mediterranean to be classed a maritime High Risk Area in the wake of the terrorist atrocities in Tunisia and Europe’s escalating migration crisis.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair 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: 0.2390 sec (4 req/sec)