USA: Port of Wilmington Dredging Gets Support

Port of Wilmington Dredging Gets Support

U.S. Congressman Mike McIntyre announced that a bill to help the Wilmington Port has passed the U.S. House of Representatives.

This is great news for the Wilmington Port! I am pleased that my colleagues and I were able to approve this measure on a bi-partisan basis so that centers of maritime commerce like the Wilmington Port are able to better maintain the safety and soundness of navigation lanes,” said McIntyre. “Reforming the fund will ensure that the Wilmington Port receives the money it deserves from the contributions of its users to the fund.”

McIntyre is a cosponsor of the Realize America’s Maritime Promise (RAMP) Act, which would make improvements to the Harbor Maintenance Trust Fund (HMTF) to ensure that each dollar collected by the fund is spent on harbor maintenance. Currently, the HMTF allocates less than two-thirds of the fund’s revenue for harbor maintenance which has resulted in an accumulation of more than $7 billion in surplus.

The RAMP Act was approved by a bi-partisan vote of 293 – 127 as a part of the Transportation Extension Bill. The proposal to include the RAMP Act in this legislative package was endorsed by the U.S. Chamber of Commerce.

Reforming the HMTF is a key component of Congressman McIntyre’s Coastal Compact, a plan to revitalize the maritime infrastructure and coastal resources in the southeastern North Carolina.

The Harbor Maintenance Trust Fund is used to finance up to 100 percent of the dredging costs at a port harbor and is financed through a fee on cargo imported through a port or moved between two domestic ports. The Harbor Maintenance Trust fund needs to be reformed to deliver more dollars to the Harbors that finance the fund.

In between 1999 and 2008, the HMTF disbursed over $69 million dollars to the Port of Wilmington and over $200 million dollars to the state of North Carolina.

Congressman McIntyre has long been a supporter of investments to coastal infrastructure and Coastal Storm Risk Management Projects and is founder and Co-Chairman of the Congressional Waterways Caucus.

Dredging Today Staff, April 20, 2012; Image: ncports

Share this article

Follow Dredging Today

One thought on “USA: Port of Wilmington Dredging Gets Support”

  1. Pingback: IT技术园地

Comments are closed.

Events>

<< Apr 2015 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

11th Trans Middle East 2015

A two days Conference Programme will feature 30 world-class conference speakers addressing topical issues and challenges on global…

read more >

2015 Annual Conference

The 2015 Conference will be focused on arming our attendees with the critical tools needed to plan for the future…

read more >

2015 Executive Management Conference

The challenges facing port leaders today-including economic downturns, changing trade patterns, enhanced security, and competing stakeholder…

read more >

5th Ecological BfG Colloquium

Goods and values of nature are generally not considered in cost accounting, e.g. in cost-benefit analyses of infrastructure projects…

read more >

Jobs>

Multiple Positions available for dredging project in Malaysia

Hall Contracting has recently been awarded a contract in Johor Bahru, Malaysia. They are currently looking for a Cutter Suction Dredge 1st and 2nd Operator...

apply

Proposal Designer Special Projects

You work together with our salesteam, finding creative solutions to meet customers demands but build effieciently as usual and produce effectively ass well. Je create broad ship designs and adapt it for specific customer demands. Besides, you prepare specifications...

apply

Controller international projects

Project controllers are part of the project team abroad, responsible for setting up, implementing, and managing Finance and Control issues on-site at projects and in our offices all over the world...

apply