Marine link
 

Budget Proposal

USACE Programs Come Under Bush Gaze

The Bush administration may require independent reviews of Army Corps of Engineers' plans for projects that are expensive or controversial to avoid a repeat of the Mississippi River dams study that was found rigged in favor of the project. "The administration is evaluating additional steps, including the need for independent review of Corps planning reports involving controversial or costly projects," the White House said in its fiscal 2002 budget proposal. The Corps is responsible for building dams, flood plains and other public works projects. The president's proposed budget for the federal government included $3.9 billion for the Army Corps of Engineers, a 14 percent cut from last year. The National Academy of Sciences was to issue a study later on Wednesday analyzing the Corps' handling of a billion-dollar project to upgrade aging locks and dams on the Mississippi River. A U.S. special counsel recently accused top Corps officials of manipulating data in a pre-construction study to justify the huge public works project that would create jobs for the agency and please farm and shipping groups. Environmentalist groups contend the Corps' study was based on inflated estimates of future barge traffic on the Mississippi River, and that the construction project would threaten wildlife. On Tuesday, Corps chief Major Gen. Robert Flowers told a Senate subcommittee the agency would delay releasing a draft study on the Mississippi River project until September. Republican Sen


Organizations Shoot Down Budget with HSF

The Administration's FY 01 budget request for the USACE' Civil Works program calls for nearly $1 billion in new taxes on the maritime industry to fund a Harbor Services Fund (HSF). The Administration has proposed a replacement for the Harbor Maintenance Tax, which the U.S. Supreme Court declared unconstitutional in March 1998, with a new tax on commercial vessels that use federal navigation channels in U.S. harbors. A variety of maritime organizations reacted strongly to inclusion of the HSF


Port Industry Urges Congress To Fund Investments

During testimony today before the House Transportation and Infrastructure Subcommittee on Water Resources and Environment, port director Erik Stromberg urged Congress to provide adequate funding for deep draft navigation projects. Stromberg is executive director of the North Carolina State Ports Authority in Wilmington, N.C. He testified on behalf of the American Association of Port Authorities, a trade association representing ports in the Western Hemisphere.


Navy Budgets for Future Force

President Bush submitted his 2007 fiscal year (FY) budget request to Congress recently, which included the Navy's $127 billion budget proposal. The president's budget request was also accompanied by the recently released Department of Defense's Quadrennial Defense Review (QDR). The Navy's proposed budget boasts a $4.4 billion increase from last year's baseline appropriations. If approved, the FY07 - FY11 budget provides the necessary funding levels to sustain current readiness


Trump Seeks 'Historic' Increase in Defense Spending

Donald Trump (Official White House photo)

President Donald Trump is seeking what he called a "historic" increase in military spending of more than 9 percent, a huge rise even as the United States has wound down major wars in Iraq and Afghanistan and remains the world's strongest military power.   Trump will seek to boost Pentagon spending in the next fiscal year by $54 billion in his first budget proposal and slash the same amount from non-defense spending, including a large reduction in foreign aid


Navy Budget Proposal Causes Commotion on Capitol Hill

Just when it seemed as though the U.S. Navy, which has served more than any other military sector as the budget whipping post in the post Cold War era, was positioned to attract long overdue funds, the budget rug was once again pulled. In proposing a Pentagon budget of $379 billion … a $48 billion increase … the Bush administration has again shorted the U.S. Navy. Reaction from Capitol Hill was swift and without censor, as lawmakers and lobbying groups weighed in with equal fury


Senator Nelson Calls for More Security Money

U.S. Sen. Bill Nelson called on Congress and the administration to do more to sufficiently fund port security or risk a potentially devastating attack at one of the nation's coastal sites believed to be highly vulnerable to terrorists. Without more funds for seaport security, Nelson told port officials in Tampa today, the United States won't be able to significantly increase the inspection rate of arriving shipping containers, which is now at just 3 percent.


US Rep. Expects Congress to Add Ships to Defense Budget

U.S. Rep. Gene Taylor, D-Miss., said that lawmakers will try to add extra ships to the Navy budget, in addition to whatever the Pentagon requests, The Marketplace reported. Taylor said that President George W. Bush isn't fully focused on military needs as the White House prepares its 2008 budget proposal. As a result, Congress ought to use earmarks or other tools to step in, he said. Taylor is a member of the House Armed Services Committee and leads its subcomittee in charge of


No Leg Left to Stand On -- An Obituary for MarAd?

Unless things change dramatically, I am writing as the last Deputy Administrator of the Maritime Administration (MarAd). At least the MarAd we have known, sometimes loved, but always needed for the last 50 years. As I look at the Administration's budget proposals to transfer management of the Maritime Security Program (MSP) to the Department of Defense (DOD) and eliminate funding for the Title XI shipbuilding loan guarantee program


SCA: More Naval Vessels Protect Economy, Provide Security

Matthew Paxton, SCA President

Shipbuilders Council: Proposed Budget Enables Naval Forward Presence and Protects U.S. National Security Interests. The Shipbuilders Council of America (SCA) today recognized the House Armed Services Seapower Subcommittee for its robust markup of the 2017 shipbuilding budget.  Under the proposal, the Navy’s shipbuilding budget would be increased to $19.9 billion and a separate account, the National Sea Based Deterrent Fund


WCI Meets the Press, Addresses FY 2018 Budget Request

Mike Toohey, WCI President/CEO

Consolidated Appropriations Act of 2017; FY 2017 Corps' Work Plan and Infrastructure Plan Addressed.  Waterways Council, Inc. (WCI) today held its annual briefing for the news media to address the President’s FY 2018 budget request, the FY 2017 Consolidated Omnibus Appropriations Act


DHT Rejects Frontline Bid, Again

Photo: DHT Holdings, Inc

 Crude oil tanker company DHT Holdings rejected on Sunday a fifth takeover proposal from shipping tycoon John Fredriksen's Frontline.   A statement from DHT Holdings said that its Board of Directors has unanimously rejected Frontline April 25 proposal to acquire all of the outstanding


Skilled Workers Needed to Build Trump's Navy Vision

File Image: AdobeStock CREDIT Bogdan Vasilescu

U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan.  


DHT Rejects Frontline Bid

Logo

DHT Holdings, Inc. (NYSE: DHT) today announced that its Board of Directors has unanimously rejected Frontline Ltd.'s (NYSE/OSE: FRO) unsolicited, non-binding, highly conditional proposal to acquire all of the outstanding shares of common stock in DHT for a per-share consideration of 0


Legislators Urge Trump to Fund Dredging

© alexmma1 / Adobe Stock

A coalition of 75 members of the House of Representatives called on President Trump to fully fund harbor maintenance programs in his upcoming Fiscal Year 2018 budget proposal. The letter, available here, noted that the Water Resources Reform and Development Act of 2014 (WRRDA) called for FY18


More EU Transport Budget for the Benefit of Europe

Photo: European Community Shipowners’ Associations (ECSA)

 30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways, railways, road, cycling, aviation and intermodal sectors, call on the European Parliament and the Council to approve the


EU Transporters Seek Okay for Multi-Annual Financial Framework

Photo: ESPO

 30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways, railways, road, cycling, aviation and intermodal sectors, call on the European Parliament and the Council to approve the


Los Angeles Port Approves $1.17 bi Fiscal Budget

Port of Los Angeles

The Los Angeles Board of Harbor Commissioners has approved a $1.17 billion fiscal year (FY) 2016/17 annual budget for the Port of Los Angeles.   As in years past, budget allocations closely align and support the four key objectives of the Port’s 2012-2017 Strategic Plan


Oregon State Seeks Shipyard Input for New Research Ship

(Rendering: The Glosten Associates)

Oregon State University to issue RFI on ship project after design completion   The design phase for a project to construct a new regional class research vessel to replenish the United States academic fleet is complete, and Oregon State University will issue a request for information (RFI)


Moore Stephens: UK 2016 Budget to Impact Shipping, Offshore Sectors

Moore Stephens tax partner Gill Smith.

UK Budget 2016 provides surprises for shipping and radical measures for offshore maritime sector. Leading accountant and shipping adviser Moore Stephens says the UK Budget 2016 contains a number of surprise developments which are likely to be of interest to the shipping sector


Indian Budget Proposals for Maritime Sector

Pic: Shipping Corporation of India

 Finance Ministry Arun Jaitley in Union Budget for financial 2016-17 (Apr-Mar) has announced imposition of 14% service tax on services provided by domestic shipping companies transporting goods from outside India.    “The service tax on services provided by shipping


Aids to Navigation Receives Funding of $4.6 mil

The Mariners’ Advisory Committee for the Bay and River Delaware, the Pilots Association for the Bay and River Delaware, and the Maritime Exchange for the Delaware River and Bay applaud the inclusion of a $4.6 million request for aids to navigation, or ATONs, in President Obama’s FY17 U


WCI Reacts to President's Budget Request

Waterways Courtesy Waterways Council Inc.

Waterways Council, Inc. (WCI) reacted to the FY 2017 budget request made by President Obama earlier today, as detailed below.   The Budget   •  proposes $4.620 billion for the U.S. Army Corps of Engineers’ Civil Works program, a 29.8% cut from the $5


AIWA Highlights Investment Needs on the Nation’s Marine Highways

Pickel

Nowhere is that more important than on the Atlantic Intracoastal Waterway. As 2016 begins, we at the Atlantic Intracoastal Waterway Association (AIWA) are looking forward to participating in the ongoing dialogue regarding the need for strategic investments in the Nation’s Marine


Setting Sail for 2017: A New Boost for European Shipping Policy

Photo: Danmarks Rederiforening

 On the 8th of December European Community Shipowners’ Associations (ECSA) launched their proposals for the European Maritime Strategy 2017, which proposes actions in fields of short sea shipping, lifelong careers in the maritime industry, European leadership globally






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright