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

Legal

On USCG Anniversary, Gov. McAuliffe Urges Hurricane Preparedness

Gov. Terry McAuliffe encouraged Virginians to get ready for hurricane season and provided an update on the commonwealth’s preparations Friday at a press conference

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

WKCTC to Host Open House for ILM Institute

West Kentucky Community and Technical College will host an open house and ribbon cutting for the Inland Logistics and Marine Institute August 10 from 4 ­– 6 p.

Navigation

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

Google Maps Goes Coastal with Unmanned Boat

A new high-tech unmanned vessel, launched with the help of Google, will use innovative technologies from the boatbuilding and mapping fields to map shorelines and

Korean Registry Okays Transas ECDIS

Transas, one of the world's leading providers of integrated navigation solutions, received ECDIS type-approval from the Korean Registry (Korea Marine Equipment Research Institute),

Finance

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Salvage Ship Repair 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: 0.1306 sec (8 req/sec)