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Transportation Entities News

09 Dec 2020

US Maritime Industry Seeks $3.5 Billion in COVID-19 Relief

© Natalia Bratslavsky / Adobe Stock

In a joint plea to Congressional leadership and Treasury Secretary Steven Munchin this week a host of maritime transportation entities asked that $3.5 billion in COVID-19 relief funding be made available for the U.S. maritime transportation sector, citing “significant hardships” and “unique and unexpected challenges” posed by the COVID-19 pandemic.The letters ask Congress and the Administration to take immediate action to provide the whole of the maritime transportation system…

08 Sep 2016

Fitch Ratings Affirms Panama Canal's 'A' Ratings

Photo courtesy of ACP

Fitch Ratings has affirmed the following ratings for the Panama Canal Authority (ACP): Long-Term Issuer Default Rating (IDR) at 'A' and $450 million senior unsecured notes at 'A', reflecting the ACP's solid revenue profile and low leverage levels. Fitch Ratings highlighted that the Panama Canal provides unique connectivity and time savings for world maritime trade. In addition, Fitch Ratings stated that the rating outlook is stable, noting the following ratings drivers: the Panama Canal's resilience to economic downturns…

23 Aug 2016

TSA Boosts Maritime Security in a Big Way

File photo: Chris Casey

Though most visible to the general public for its work at America’s airports, the U.S. Transportation Security Administration (TSA) also helps to secure the country’s transportation network in a number of other ways, including assisting the U.S. Coast Guard in securing the nation’s critical maritime facilities, structures, systems, assets and services. America’s vast marine transportation system encompasses some 25,000 miles of navigable waterways, the Great Lakes and St. Lawrence Seaway…

05 Apr 2004

U.S. International Port Security Service Fee Proposed

Senator Hollings (D-SC) introduced a bill (S. 2279) to amend title 46, United States Code, with respect to maritime transportation security, and for other purposes. The measure, if enacted, would, among other things, impose an international port security service fee on commercial maritime transportation entities that utilize the U.S. maritime transportation system and benefit from the security of the system. While the official text of the bill has not been released, it is clear that Senator Hollings is attempting to craft a user fee proposal that will survive a challenge that it is actually a tax. Only time will tell if this effort succeeds. One should not be surprised if the Senate Commerce Committee fast-tracks this bill. (HK Law).

18 Sep 2007

TSA and Coast Guard Conduct Homeland Security Exercise

The Transportation Security Administration and the U.S. Coast Guard will facilitate a port security exercise today in Wilmington, N.C. to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the captain of the port in writing, reviewing and updating an AMS plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public governmental agencies and private industry.

17 Sep 2007

TSA and Coast Guard Conduct Security Exercise

The Transportation Security Administration and the U.S. Coast Guard will facilitate a port security exercise today in Wilmington, N.C. to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the captain of the port in writing, reviewing and updating an AMS plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public governmental agencies and private industry.

21 Aug 2007

Port of Philadelphia Conducts Security Exercise

The Transportation Security Administration (TSA) and the U.S. Coast Guard will sponsor a port security exercise in Philadelphia to evaluate preparedness, prevention and the ability to respond to a terrorist-related incident. This exercise, beginning Thursday at 8 a.m., will feature participation from the tri-state Philadelphia port community, including public and government agencies, and private industry. The goal of this exercise is to improve the connectivity of various surface transportation modes and enhance current area maritime security plans. Scenarios range from how officials and industry react to an explosion on the Benjamin Franklin Bridge to additional suspicious, terrorist-related activity around the port.

14 Jun 2007

Coast Guard and TSA Hold Security Exercise

U.S. Coast Guard and the Transportation Security Administration (TSA) will facilitate a port security exercise today in Detroit, MI to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the Captain of The Port in writing, reviewing and updating an AMS plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both governmental agencies and private industry.

26 Sep 2006

Coast Guard, TSA to Conduct Joint Port Security Exercise

The Transportation Security Administration and the Coast Guard will facilitate a port security exercise on Thursday in Baltimore to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident, and a press briefing will be held before the exercise begins. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the Captain of the Port in writing, reviewing and updating an AMS plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public and governmental agencies and private industry.

18 Nov 2005

TSA and Coast Guard Facilitate Homeland Security Exercise

The Transportation Security Administration (TSA) and the U.S. Coast Guard facilitated a port security exercise in Tampa on November 16, that evaluated the preparedness, potential preventitive actions and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee, which assists the Coast Guard Captain of the Port in writing, reviewing and updating the Tampa Bay AMS Plan as well as assisting other transportation entities that depend upon the port being secure. The AMS Committee, like the exercise conducted today…

18 Aug 2005

TSA and U.S. Coast Guard Initiate Homeland Security Exercises for U.S. Seaports

Administration (TSA) and the U.S. system port security exercises today in San Francisco. Area Maritime Security (AMS) Committee. secure. governmental agencies and private industry. current Area Maritime Security Plans. rail yard. participate over the next three years. security communities throughout the U.S. Brown, TSA's PortSTEP Project Officer. said Capt. Facility Security. (TSI). various federal, state and local government agencies. Community Research Associates of Alexandria, Va.; Booz Allen Hamilton, Inc. Narragansett, R.I. simulation software and databases to monitor and evaluate the exercises. In addition to TSA and the U.S. PortSTEP exercise.

22 Aug 2005

TSA, USCG Initiate Security Exercises for Seaports

WASHINGTON, D.C. – The Transportation Security Administration (TSA) and the U.S. Coast Guard began a series of transportation system port security exercises in San Francisco recently. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the captain of the port in writing, reviewing and updating an AMS Plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public governmental agencies and private industry. The partnership is intended to improve connectivity of various surface transportation modes and enhance current Area Maritime Security Plans.

29 Aug 2005

TSA, Coast Guard to Facilitate Exercise

The Transportation Security Administration (TSA) and the U.S. Coast Guard will facilitate a port security exercise on August 31 in Baltimore to evaluate preparedness, prevention and the ability to respond to and recover from a terrorist-related incident. The Port Security Training Exercises Program (PortSTEP) is focused on building links within the Area Maritime Security (AMS) Committee. The committee assists the captain of the port in writing, reviewing and updating an AMS Plan in addition to supporting other transportation entities that depend upon the port being secure. The exercise will involve the entire port community, including both public governmental agencies and private industry.