WCI Endorses American Waterworks Act

Press Release
Wednesday, November 14, 2012
Michael J. Toohey

New Waterways/Ports funding proposal will create jobs, relieve traffic congestion, increase exports.


At its Board of Directors meeting held yesterday in Houston, Waterways Council, Inc.’s Board of Directors unanimously endorsed the  American Waterworks Act, proposed in late October by Senator Lamar Alexander (R-TN) and Senator Lindsey Graham (R-SC) to modernize America’s inland waterways and ports.  



The new waterways funding plan would:
Remove the requirement that Olmsted Lock and Dam be funded using Inland Waterways Trust Fund revenues (currently Olmsted Lock on the Ohio River has been  consuming the vast majority of all the annual funding available for inland lock construction and rehabilitation and removing it from the Inland Waterways Trust  Fund will free up revenue to address needed lock and dam repairs across the country);

Provide full Federal funding for maintenance of harbors up to 50 feet deep (currently it is only full funding up to 45 feet, but the Panama Canal  expansion will accommodate ships with a 50-foot depth);

Establish an accounting method for revenues from the Harbor Maintenance Trust Fund that will allow those revenues to offset annual Harbor Maintenance  spending;

Speed up construction permit approval and provide states with the ability to appeal slow moving regulatory decision making;

Authorize a five-year construction program to expand harbors to accommodate the larger ships expected after the Panama Canal expansion;

Increase revenue to Inland Waterways Trust Fund in a manner consistent with the agreement between the Inland Waterways Users and the U.S. Army Corps of  Engineers;

Require Inland Waterways construction projects follow the plan agreed to by the Inland Waterways Users and the U.S. Army Corps of Engineers;

Fund Harbor Maintenance Trust Fund and Inland Waterways Trust Fund construction projects to authorized widths and depths as part of the five-year construction program; and

Fund landside infrastructure at ports.



“The American Waterworks Act follows many of the original recommendations of the Capital Development Plan, as well as WAVE 4 legislation in the House.  WCI  applauds Senators Alexander and Graham, for their strong leadership in addressing the critical needs of the inland waterways and ports system.  This  legislation will create American jobs, will enable growth in U.S. exports, and will continue to fuel the economic engine that the waterways have become in the
transportation supply chain,” said WCI President/CEO Michael J. Toohey.  



“The present business model for modernizing our lock and dam infrastructure is broken, with too few lock and dam projects being built on time and on budget.  Recognizing the failings in the current system, this bill will modernize our critically important inland navigation infrastructure and in so doing will  benefit the U.S. agricultural sector, our construction industry, our energy sector, our environment, our economy, and all the beneficiaries of the waterways
system,” Toohey continued.



Senators Alexander and Graham will seek bipartisan support of the bill and will consider adding the American Waterworks Act to the Senate WRDA bill or any other  relevant legislative vehicle.
 

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

Ports

Second Sailing Added to Cleveland-Europe Express

The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE),

Damen Delivers ASD Tug in Italy

RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd.

Finland Grants Support to Three Small LNG Terminals

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use

News

Second Sailing Added to Cleveland-Europe Express

The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE),

Damen Delivers ASD Tug in Italy

RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd.

Finland Grants Support to Three Small LNG Terminals

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use

Vessels

Damen Delivers ASD Tug in Italy

RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd.

Global Ship Lease to Acquire Containership

Global Ship Lease, Inc. has  announced  that it has agreed to acquire a 8,063 TEU containership from a leading container liner company for a purchase price of $55 million.

World’s Largest Fast Crew Boat Christened at Incat

The 70-meter Fast Crew Boat (FCB) was christened Muslim Magomayev at a ceremony at the Incat shipyard on Monday, September 15. This is the first vessel that

Government Update

Finland Grants Support to Three Small LNG Terminals

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use

NRC Program Targets Vessel Operating Costs, Safety

Canada’s NRC creating solutions for the growing Canadian shipbuilding, military vessels, marine commercial transportation and offshore resource industries As

Senator Says 2015 Could Be Time for US Oil Export Bill

The top supporter in the U.S. Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.

Logistics

Second Sailing Added to Cleveland-Europe Express

The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE),

Finland Grants Support to Three Small LNG Terminals

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use

LQT Delivers Accommodation Facility and Helideck in Gulf of Mexico

LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has

 
 
Maritime Security Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1611 sec (6 req/sec)