Waterways Council, Inc. Endorses River Act of 2013

Press Release
Tuesday, February 19, 2013
WCI President/CEO Michael J. Toohey

In a special meeting called to consider this proposal, the Executive Committee of Waterways Council, Inc. unanimously voted to support The Reinvesting in Vital Economic Rivers and Waterways (RIVER) Act of 2013, has announced  by its sponsor, Senator Bob Casey (D-PA). 

 

The plan, introduced in Pittsburgh -- where some of the most aged locks and dams reside -- would establish a sustainable, cost-effective way to ensure that the inland and intra-coastal waterways of the United States remain economically viable.  This bill would modernize America’s inland waterways system, create jobs, relieve traffic congestion, and optimize American competitiveness through the most low-cost, energy-efficient transportation mode.   

   
The River Act of 2013, based upon the elements contained in the Inland Waterways Capital Development Plan, would:

•    Prioritize the completion of navigation projects across the entire waterways system;
•    Improve the Corps of Engineers’ project management and processes to better deliver projects on time and on budget, in order to realize $8 billion in job creation;
•    Reform project cost allocations;
•    Recommend an affordable – and increased -- user fee funding mechanism to meet the system’s needs, and,
•    Realize a sustainable annual appropriation of $380 million, of which a significant portion is paid for by commercial users of the system. 
 

The River Act of 2013 represents a new approach to meet the long-standing, recognized need for efficient delivery and timely completion of critical navigation projects and sustainable funding for the Inland Waterways Trust Fund.  The nation’s transportation system and taxpayers would benefit from the completion of essential navigation infrastructure and the containment of cost overruns.  

The proposal would:
 

  • Preserve the existing 50% industry/50% federal cost-sharing formula for new lock construction and major lock rehabilitation projects.
  • Include a cost-share cap on lock construction projects to incentivize keeping projects on budget and prevent shippers from bearing the burden of paying for unreasonable cost overruns.  This will strengthen the ability of the Inland Waterways Trust Fund to fund more priority projects in the pipeline.
  • Increase by 45% (9 cents per gallon) the existing fuel tax of 20-cents-per-gallon that is paid by the barge and towing industry, the only users of the system who currently are taxed.  At the same time, the recommended reforms to the Corps of Engineers’ project management and delivery process would ensure that these additional resources are spent wisely.


“We applaud Senator Casey’s effort in devising the River Act that will modernize our critically important inland navigation system and its infrastructure.  Modern waterways are critical to U.S. competitiveness in the world market, to environmental protection, to energy efficiency, to highway congestion relief and to the sustainment of well-paying American jobs.  They benefit the U.S. agricultural sector, our construction industry, our energy sector, our environment, our economy, and all the beneficiaries of the waterways system,” said WCI President/CEO Michael J. Toohey.


Waterways Council, Inc. is the national public policy organization advocating a modern and well-maintained national system of ports and inland waterways. The group is supported by waterways carriers, shippers, port authorities, shipping associations and waterways advocacy groups from all regions of the country.

 

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

People & Company News

MHI to Change Name of Group Company

Effective November 1 Mitsubishi Heavy Industries, Ltd. (MHI) will change the name of its group company in Singapore from Mitsubishi Heavy Industries Engineering & Services Private Ltd.

Petrobras P-66 Platform Module to Boost Production

The P-66 platform’s first modules, built at the Tomé Ferrostaal Consortium’s Module Plant located at the Port of Maceió, Alagoas, are now ready and loaded on the São Tomé barge.

Exmar Optimistic About Gas Carrier Market into 2015

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter

Ports

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member

Partnerships Key to Caribbean Maritime Security

Planning and execution of port and maritime safety and security in Caribbean region is all about partnerships Maritime security and safety experts are meeting in Nassau,

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

Finance

Exmar Optimistic About Gas Carrier Market into 2015

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter

Confidence High in UK Logistics Sector

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more

Statoil Invests $1.5b in US Offshore Project

Statoil together with co-owners in the Stampede development in the Gulf of Mexicohas sanctioned the Stampede project in the U.S. Gulf of Mexico. Statoil said it will invest $1.

News

Seaspan Takes Delivery of 5th 10000 TEU Containership

Seaspan Corporation announced yesterday that it accepted delivery of a 10000 TEU containership, the MOL Brightness. The new containership, which was constructed

MHI to Change Name of Group Company

Effective November 1 Mitsubishi Heavy Industries, Ltd. (MHI) will change the name of its group company in Singapore from Mitsubishi Heavy Industries Engineering & Services Private Ltd.

Petrobras P-66 Platform Module to Boost Production

The P-66 platform’s first modules, built at the Tomé Ferrostaal Consortium’s Module Plant located at the Port of Maceió, Alagoas, are now ready and loaded on the São Tomé barge.

Barges

Petrobras P-66 Platform Module to Boost Production

The P-66 platform’s first modules, built at the Tomé Ferrostaal Consortium’s Module Plant located at the Port of Maceió, Alagoas, are now ready and loaded on the São Tomé barge.

Kirby Corp. Announces Record 3Q Results

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.

Bouchard Wins Industry Safety Award

Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, received the 2014 AMS Tug & Barge Safety Award from the American Maritime Safety, Inc.

Government Update

Easing US Oil Export Ban Unlikey to Raise Gasoline Prices

A government study on Thursday essentially supported the notion that easing the decades-old restriction on exporting U.S. crude was more likely to lower than raise

Rep. Cummings Receives Maritime Service Award

On Wednesday, October 29, Congressman Elijah E. Cummings (D-MD) delivered keynote remarks at APL Maritime’s Senior Management Conference, and received an award

Two Great Lakes Toxic Hotspots Restored

EPA announces removal of two toxic hotspots on Lake Superior and Lake Michigan from binational list The U.S. Environmental Protection Agency today announced that two U.

Logistics

Confidence High in UK Logistics Sector

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more

Kirby Corp. Announces Record 3Q Results

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.2666 sec (4 req/sec)