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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

Energy

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

16 Die in Coal Mine Accident in China

Sixteen workers were killed after a coal mine collapsed in China's far western region of Xinjiang, the official Xinhua news agency reported on Saturday, highlighting

Government Update

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

MARAD Seeks Comments on Proposed Policy for Deepwater Export Applications

The Maritime Administration (MARAD) is seeking comments on the agency’s proposed policy to accept, evaluate and process license applications for the construction

Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction 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: 0.1605 sec (6 req/sec)