2013 DOT Year in Review: MARAD Sounds Off

posted by Joseph Keefe
Monday, January 06, 2014
Chip Jaenichen, Acting Administrator of the Maritime Administration.

The U.S. Maritime Administrator weighs in on 2013 and the road ahead ...

 

Here at the Maritime Administration (MARAD), we continue working tirelessly to improve our marine transportation system with innovative projects across the country.  As our economy rebuilds and jobs are created, we are reminded just how much the maritime industry has contributed to these growing numbers and more importantly. . . Why Maritime Matters!

It has long been a vision in our industry to move more freight on our rivers, Great Lakes, and waterways, as well as through American river, lake, and sea ports.  This year it became reality when one of the first major marine highway services began on the West Sacramento-Stockton-Oakland “Green Trade Corridor.”  This flagship project takes freight off the congested Interstate 580 and moves it on the San Joaquin River. It is expected to remove 180,000 trucks from the highways and save more than 7 million gallons of fuel annually.  What’s more, it’s helping to move more U.S. exports to Asia, a key market essential in the expansion of our nation’s trade and commerce.

Continued growth in America’s exports coupled with the widening of the Panama Canal requires the maritime industry and shippers to prepare for the most significant change in global trading patterns in the last century.

The wider and deeper locks that open in 2015 on the Panama Canal will create new opportunities and jobs across the country as transportation officials and port authorities prepare for larger vessels to call at Gulf and East Coast ports.  Phase I  of MARAD’s comprehensive, multi-phase Panama Canal study was released earlier this year and will help inform stakeholders on current and future infrastructure investments.

The Obama Administration clearly understands the importance of U.S. ports as the gateways to the national freight network and has already invested more in port infrastructure than any previous Administration.  Additionally, more than $150 million has been invested in America's shipyards, which support over 402,000 jobs and produce $36 billion in annual GDP.

The continued expansion of our maritime industry is critical to our competiveness in the global market. That is one of the primary reasons why we're hosting the first ever National Maritime Strategy Symposium.  This meeting will gather stakeholders industry-wide to help develop the foundation for a robust national maritime strategy.  It is critical that we strengthen America’s maritime industry, with a focus on building the foundation for a 21st Century economy that will carry us far into the future.

Chip Jaenichen is Acting Administrator of the Maritime Administration.
 

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

Shipbuilding

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

Latest USCG Cutter At Boston Harbor

The Coast Guard’s latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3, 2015. The James is the fifth of eight planned National

LNG Ferry Construction for Tallink Begins

The start of production of Tallink's new generation LNG powered fast ferry for the Tallinn-Helsinki route was celebrated on the 4th of August 2015 at Meyer Turku shipyard.

Ports

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

Finance

FURUNO of Japan Increases Investment in ENL

ENL Group and FURUNO Electric Co. Ltd of Japan have announced that FURUNO has increased its investment into the New Zealand company to a total of 29.5%. The

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

Government Update

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

Asian Nations Call for Stop to South China Sea Land Work

Calls grow for China to halt land reclamation. Southeast Asian countries on Tuesday backed a U.S. call to halt land reclamation in the South China Sea, underlining

Logistics

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority 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: 0.2361 sec (4 req/sec)