WCI Reacts to President's Budget Proposal

Press Release
Sunday, April 14, 2013

The US Waterways Council Inc. (WCI) has mixed feelings about the impact on their sector of President Obama's FY 2014 budget proposals.

WCI's initial views were as follows:

  • This budget is steady-state with the overall funding level essentially the continuation of the post-sequester level for the U.S. Army Corps of Engineers’ Civil Works Program at $4.726 billion for FY ’14.
  • While details are still unknown according to Assistant Secretary of the Army for Civil Works Jo-Ellen Darcy, the Administration’s per-vessel user fee proposal remains unwelcome by industry.
  • The proposed level of funding for the Corps’ Operations & Maintenance (O&M) -- $2.588 billion, is encouraging, but the funding level for its Construction account ($135 billion is very disappointing.
  • WCI is pleased with the $75 million for drought-related activity on the Middle Mississippi River, especially the $35 million allocated for Phases 2 and 3 of the rock pinnacle removal.
  • The majority of funds appropriated for navigation projects are going toward the Olmsted project ($163 million), with $2 million for the Lower Mon Project and $10.4 million to complete Lockport.

 “This budget request is not unexpected in the age of sequester and belt-tightening.  The Administration’s per-vessel user fee proposal appears to be out of touch with the appropriate level of investment from the industry that is being advocated in the RIVER Act in the Senate and WAVE 4 in the House for an increase of between 30-45% in the diesel fuel user fee the industry pays into the Inland Waterways Trust Fund,” said Michael J. Toohey, President/CEO, WCI.  “The industry and its many stakeholders in labor, manufacturing, agriculture, conservation and towing operations continue to urge inclusion of the Capital Development Plan-initiated user fee proposal in a WRDA bill as it moves through Congress,” he continued.
 
Waterways Council, Inc. is the national public policy organization advocating for a modern and well-maintained national system of ports and inland waterways.

 

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

Legal

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Baltic Exchange Eyes Move into Commodities

Baltex reaches breakeven level since start of 2015; Baltic previously faced broker opposition over platform. London's Baltic Exchange is studying a potential

Woman Airlifted offshore Palm Beach Gardens, Florida

A rescue helicopter crew from Coast Guard Air Station Miami medically evacuated a woman 98 nautical miles northeast of Palm Beach Gardens, Florida, Sunday. Watchstanders

Navigation

DPE is New Majority Shareholder in INTERSCHALT

Deutsche Private Equity GmbH (DPE) is set to become the new majority shareholder in INTERSCHALT maritime systems AG, the maritime software and services provider

Brand New Ro-Ro Ran Aground in Norway

Ro-ro cargo vessel Kvitbjørn ran aground off Ulsteinvik port, Norway, in the afternoon June 28, while approaching the port.    The vessel, owned by Norway-based Nor Lines,

Chinese Submarine Docked in Karachi ?

The intervention of China in the Arabian Sea is increasing with each passing day. China's deadliest attack submarine crept past Indian waters and docked in Karachi.

Finance

Multimodal Freight Bill Introduced in US Senate

Cantwell, Booker, Murray, Markey introduce freight investment legislation aiming to eliminate chokepoints at critical highway, rail, port and intermodal facilities to support economic growth,

Crowley Acquires 4,300 Pieces of Liner Equipment

In response to continuing high customer demand, Crowley Maritime Corporation’s liner services group has placed orders for additional equipment, including hundreds

DPE is New Majority Shareholder in INTERSCHALT

Deutsche Private Equity GmbH (DPE) is set to become the new majority shareholder in INTERSCHALT maritime systems AG, the maritime software and services provider

Great Lakes

LCA Sees Progress on Great Lakes Issues

Prospects for ending the dredging crisis and resolving other pressing issues on the Great Lakes are the best in 12 years according to Lake Carriers’ Association (LCA),

Best May for U.S.-Flag Lakers in 7 Years

U.S.-flag Great Lakes freighters (lakers) moved 10.8 million tons of dry-bulk cargo in May, their highest total for that month since 2008.  The surge is at least

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators 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: 0.1252 sec (8 req/sec)