Waterways Council, Inc. Welcomes WRRDA Passage

marinelink.com
Thursday, May 22, 2014

Urges President’s Signature into Law.

Waterways Council, Inc. (WCI) today celebrated the passage of the Water Resources Reform Development Act (WRRDA) of 2014, containing major recommendations of the Capital Development Plan (CDP*).  WCI urges the President to sign the bill into law.    
 

The conference agreement passed the House on Tuesday by an overwhelming 412-4 vote.  Today’s Senate passage by a strong vote of 91-7 underscores the strong bi-partisan effort to enact the critical water resources bill.
 

The bill contained four key elements of the Capital Development Plan that were included in the House WAVE 4 (H.R. 1149) and Senate RIVER Act (S. 407) bills, strongly supported by WCI:
 

  • Olmsted Federalization: permanent cost-sharing for the remaining cost of the Olmsted project will be 85% General Fund, 15% Inland Waterways Trust Fund, freeing up approximately $105 million per year for funding other Trust Fund priority projects with Olmsted funded at $150 million per year.
  • Definition of Major Rehabilitation Project Eligible for Inland Waterways Trust Fund: increased from current law level of $14 million to $20 million and adjusted annually for inflation.
  • Prioritization of Projects: based upon risk of failure and economic benefit to the Nation.
  • Project Delivery Process Reforms: based upon CDP-recommended reforms to achieve on-time and on-budget performance.


The bill also increases annual target appropriations levels for spending of funds from the Harbor Maintenance Trust Fund (HMTF), with full use of HMTF funds by 2025.   

“The nation’s towboat operators, shippers, and labor, port, conservation and agriculture stakeholder members of WCI applauded today’s passage of WRRDA.   This bill – and, we hope, law – will create American jobs, increase U.S. exports, keep our nation competitive in world markets, and enhance the reliability of the nation’s waterways transportation mode and critical supply chain link,” said Matt Woodruff, WCI Chairman.  “Today, Congress got it done and voted to keep America moving!”  

He continued, “WCI offers profound thanks to the strong, bi-partisan leadership of Senate Environment & Public Works Committee Chairman Barbara Boxer and Ranking Member David Vitter; House Transportation & Infrastructure Committee Chairman Bill Shuster and Vice Chairman Congressman Jimmy Duncan; and Ranking Member Nick Rahall.  We are also grateful for the work of House Water Resources and Environment Subcommittee Chairman Bob Gibbs and Ranking Member Tim Bishop, along with RIVER Act sponsors Senators Bob Casey, Mary Landrieu, Lamar Alexander, Amy Klobuchar, Tom Harkin, and Al Franken, and WAVE 4 co-sponsors Congressman Ed Whitfield and Congressman Dan Lipinski, along with 31 co-sponsors.” 
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Sardines Boost Murmansk Port Turnover

In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year,

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

MISC Bhd: Revenue Up

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015

Dredging

Twin Dredgers for Canadian Oil Sands

Damen Shipyards Group has completed a construction contract comprising two electric-powered Cutter Suction Dredgers (CSD) for the Canadian oil sands industry. With both vessels built in Canada,

Cosco Bags Contract for Trailing Suction Hopper Dredger

COSCO (Guangdong) Shipyard Co., Ltd, has secured a  contract from a European buyer to build one 15, 000m 3 Trailing Suction Hopper Dredger.    The Singapore-listed

DEME Orders Trailing Suction Hopper Dredger

With the order of the Bonny River at Royal IHC, the Belgian dredging, environmental and marine engineering group DEME is investing in a new generation of trailing

Barges

Aqualis Offshore Lands Study Job for LNG Barge

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering

Barge Breakaway on the Mississippi

The U.S. Coast Guard is responding to a report of a grounded towing vessel and 35 barge breakaway near Caruthersville, Mo. On the Mississippi River.   Coast Guard

More than 100 Graduate from SUNY Maritime

More than 100 students crossed the stage to receive their degrees at State University of New York Maritime College Jan. 29.   Graduates represent 15 fields of study,

People in the News

First Women's Expedition to the Arctic

Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

Globus Maritime Reclassifies Board Member

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28,

Government Update

Canada Says Lifting Some Sanctions Against Iran

The Canadian government said on Friday it was lifting some sanctions against Iran, including the broad ban on financial services, imports and exports, making Canadian

China to Enforce Low Sulphur ECA in Yangtze River Delta

Vessels calling ports in China’s Yangtze River Delta, including Shanghai, will be required to burn low sulphur fuel while at berth from April 1 this year.   China’s

COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make

Intermodal

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make

Asia-Europe Box Rates Down 8 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 per 20-foot container (TEU) in the week ended on Friday,

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.0998 sec (10 req/sec)