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

News

Is China Building a Naval Base in Africa?

Recently, The Namibian reported the existence of a "confidential letter from Namibia's ambassador to China, Ringo Abed, to Namibia's foreign minister stating that

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Puerto Rico Readies for Largest Cruise Ships

Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.

Government Update

Mexico Unveils National Strategy ahead of Paris Climate Talks

Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Port of Aden Under Threat with Enemy at the Gates

As Saudi Arabia and its Arab allies stage air strikes against Shi'ite Muslim militiamen threatening to topple Yemeni President Abd-Rabbu Mansour Hadi, the southern

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction
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: 0.1815 sec (6 req/sec)