Senate Suggests $1B for 2014 Maintenance Dredging

MarineLink.com
Tuesday, June 25, 2013

The U.S. Senate Appropriations Committee’s Subcommittee on Energy and Water Development completed its mark up of the fiscal 2014 appropriation bill for the U.S. Department of Energy and U.S. Army Corps of Engineers, which includes a record $1 billion draw from the Harbor Maintenance Trust Fund for maintaining America’s federal navigation channels and related infrastructure.

“AAPA congratulates (Energy and Water Development Appropriations Subcommittee) Chairman Diane Feinstein and the entire subcommittee for recognizing the importance of keeping America’s federal navigation channels accessible for the crucial movement of ocean-going freight and passenger vessels,” said Susan Monteverde, AAPA’s government relations vice president. “While AAPA continues to advocate for full utilization of Harbor Maintenance Tax (HMT) collections, which brings in about $1.6 billion in revenue annually, this is an important step towards full use of those revenues, particularly in these constrained fiscal times.”

The $1 billion amount for navigation maintenance dredging is equal to the recommendation approved on June 18 by the House Energy and Water Appropriations Subcommittee and is consistent with the fiscal 2014 amount identified in the Senate’s Water Resources Development Act (WRDA) legislation. It is $110 million more than the Obama Administration recommended in its fiscal 2014 budget request.

“The appropriators’ action today is the first step in getting us to full use of the HMT as outlined in the Senate WRDA bill. The Senate’s bill is slated to achieve full use by 2020,” said Ms. Monteverde.

The full Senate Appropriations Committee is scheduled to mark up the fiscal 2014 Energy and Water Development Bill on Thursday, June 27.

www.aapa-ports.org

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

News

China Passes New Pollution Law, Will Cap Coal Consumption

Legislators have approved amendments to China's 15-year-old air pollution law that grant the state new powers to punish offenders and create a legal framework to cap coal consumption,

Marad Celebrates Deployment of Maritime Fuel Cell Project

The U.S. Department of Transportation’s Maritime Administration (MARAD) today celebrated the launch of field trials for the first prototype hydrogen fuel cell

Gazprom, OMV Meet on Establishing Nord Stream JV

At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,

Government Update

Iranian Ship, Crew Escape Captivity off Somali Coast

An Iranian fishing vessel and its crew have escaped after being held captive for five months by Somali fishermen, maritime piracy experts said on Friday, but it

Migrant Boat Sinks off Libya; 200 Feared Dead

A boat packed with mainly African migrants bound for Italy sank off the Libyan coast on Thursday and officials said up to 200 might have died. A security official in the western town of Zuwara,

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

 
 
Maritime Contracts Maritime Standards Naval Architecture Pod Propulsion Port Authority Ship Repair Ship Simulators 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: 0.9788 sec (1 req/sec)