Congress Representatives Introduce WAVE 4 Investment Bill

Press Release
Thursday, March 14, 2013
WCI President/CEO Michael J. Toohey. Photo: WCI

Waterways Council, Inc. (WCI) has announced its strong support for WAVE 4 -- “Waterways are Vital for the Economy, Energy, Efficiency and Environment Act of 2013” (H.R. 1149) that was introduced today by Congressman Ed Whitfield (R-KY), along with cosponsor Rep. Daniel Lipinski (D-IL). Additional cosponsors include Congressman Bill Cassidy (R-LA), Congressman Spencer Bachus (R-AL) and Congressman Pete Olson (R-TX).

WCI, along with 200 stakeholders, support WAVE 4, initially introduced in the 112th Congress as H.R. 4342, to modernize the lock and dam infrastructure on the inland waterways system. This legislation incorporates the elements of the Inland Waterways Capital Development Plan and will equitably address the critical needs of the inland waterways system, create American jobs, enable growth in U.S. exports and continue to fuel multiple economic benefits that the nation’s waterways generate. 

The Capital Development Plan and WAVE 4 apply objective criteria to prioritize essential construction and major rehabilitation projects, revise current beneficiaries’ cost-sharing for these projects, reform the Corps of Engineers’ internal project delivery process and suggest a revenue enhancement – a 30 to 45% increase in the existing user fee the navigation industry pays – to fund vital infrastructure investments that return so much to the American economy and to consumers.

“WAVE 4 will modernize the inland navigation system’s infrastructure to the benefit of the U.S. agricultural sector, construction and labor industry, energy sector, as well as our environment, our economy, and all the beneficiaries of the waterways system,” said WCI President/CEO Michael J. Toohey. 

WCI urges Water Resources Development Act (WRDA) legislation to incorporate the elements of the WAVE 4 bill, as well as the Reinvesting in Vital Economic Rivers and Waterways (RIVER) Act of 2013 – S. 407 – the Senate companion bill, co-sponsored by Senators Bob Casey (D-PA), Mary Landrieu (D-LA), Amy Klobuchar (D-MN) and Tom Harkin (D-IA).

www.waterwayscouncil.org
 

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

Environmental

Senate Committee Approves Vessel Discharge Reform Legislation

The effort to establish a uniform national framework for the regulation of vessel discharges took another step forward as the Senate Committee on Commerce, Science and Transportation approved S.

New Tool for Recovering Oil from Sunken Wrecks

A tool for removing oil trapped in submerged vessels has been developed in Norway by design specialists Miko Marine.   The launch of the Moskito aims to address

Gulf of Mexico Sees First LNG-powered OSV

A special Offshore Supply Vessel (OSV) has been delivered to Shell for its deepwater operations in the Gulf of Mexico.   The vessel, Harvey Energy, is chartered

Energy

Wintershall Takes Over Operatorship of Norwegian Subsea Oil and Gas Field

Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil, Wintershall announced today.   Vega is the BASF subsidiary’s

First Subsea Achieves API 17L1 Certification for Bend Stiffener Connectors

Connector technology developer First Subsea has received APL 17LI certification for its bend stiffener connectors from the American Petroleum Institute, the company announced today.

Lamprell Delivers Jackup Rig to Greatship

Lamprell announced it has completed construction on jackup drilling rig Greatdrill Chaaru, delivering the rig to Greatship Global Energy Services Pte. Ltd.    Greatdrill

Government Update

Senate Committee Approves Vessel Discharge Reform Legislation

The effort to establish a uniform national framework for the regulation of vessel discharges took another step forward as the Senate Committee on Commerce, Science and Transportation approved S.

Egypt: Suez Canal Zone to Make Up 30-35% of Economy

Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy, the country's investment minister said on Thursday.

Australia Announces Patrol Boat Tender

Tender announced for Pacific Patrol Boat Replacement Project   The Australian Government announced a Request for Tender (RFT) to replace the Pacific Patrol Boats

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
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: 0.2192 sec (5 req/sec)