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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Limit Exposure with the Uniform Commercial Code

Demanding assurance pursuant to the UCC may save you from sinking on someone else’s ship. Vessel operations require a large network of companies that come together

Subchapter M: The Designated Person Ashore and You

As the workboat industry marches toward Subchapter M, and ever closer to the International Safety Management (ISM) Code, the appointment of a Designated Person Ashore (DPA) becomes more important,

N.Korean Navy Incursion Draws Warning Shots

A North Korean patrol boat crossed into South Korean waters early on Monday and retreated after the South Korean navy fired warning shots, a South Korean military official said.

Ports

CMA CGM Increases Port Calls and TEU Capacity

French container line CMA CGM has announced imminent changes to its PCRF line service which links Northern Europe with the French West Indies, by adding two new

Hess sells Shannon LNG Terminal

New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported.   The newspaper

Hapag-Lloyd Sees Uptick of Incorrectly Declared Dangerous Goods

Year-on-year increase of 65 percent; more than 4,300 cases worldwide   Container shipper Hapag-Lloyd said it registered considerably more incorrectly declared dangerous goods last year,

Finance

Australia Submarines: Japan Vs France

While Japan is confident it has proven itself the best contender to build Australia's new submarines, the French have moved to undermine Japan’s bid to build the navy’s new submarines.

Limit Exposure with the Uniform Commercial Code

Demanding assurance pursuant to the UCC may save you from sinking on someone else’s ship. Vessel operations require a large network of companies that come together

Baltic Index Touches New Record Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand.

Environmental

States Urged to Ratify Compensation Regime for Hazardous and Noxious Cargoes

The International Maritime Organization (IMO), together with the International Oil Pollution Compensation Funds (IOPC Funds) and the International Tanker Owners Pollution Federation (ITOPF),

SevenCs Supports MariGreen Project

SevenCs is part of the EU INTERREG V A cross-border project “MariGreen” to support the maritime industry in the transition towards more efficient, greener and more sustainable shipping.

LNG Bulker Cements Thordon's Green Future

Sea trials aboard Greenland, the world’s first LNG-fuelled short-sea dry bulk vessel, have validated the performance of Thordon Bearings COMPAC propeller shaft solution,

News

IOCs Stress on OSV Fuel Management Performance

Growing insistence by international oil companies (IOCs) that oilfield contract vessels (OSVs) are fitted with fuel monitoring systems has prompted an upsurge in

CMA CGM Increases Port Calls and TEU Capacity

French container line CMA CGM has announced imminent changes to its PCRF line service which links Northern Europe with the French West Indies, by adding two new

China's LNG Demand Falls

China's import of  liquefied natural gas (LNG) fell 1.1% in 2015, marking the first year-on-year decline since imports began in 2006, according to a report by

People in the News

Insights: Benny Cenac, Jr., Owner & CEO, Cenac Towing Company

Arlen “Benny” Cenac Jr. is a third-generation owner of Cenac Towing Company. The firm, originally founded in 1927 by his grandfather, now does business as Cenac Marine Services.

PVA Elects 2016 Leadership

During the PVA Annual Convention at MariTrends 2016 held January 23-26 in Crystal City, Va., members of the Passenger Vessel Association (PVA) elected Margo Marks of Beaver Island Boat Company,

First Women's Expedition to the Arctic

Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators 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: 0.1089 sec (9 req/sec)