Ports score big win in Senate
Andre Stepankowsky, September 17, 2016, The Daily News.com
Small ports across the nation, like those in Chinook and Ilwaco, are on the cusp of a major victory in Congress that could give them more reliable access to federal dredging and harbor maintenance funds.
Washington’s two U.S. Senators, Patty Murray and Maria Cantwell, announced Thursday that they have secured critical reforms to the Harbor Maintenance Trust Fund in the Senate version of the Water Resources Development Act of 2016, a budget bill that pays for water projects.
The Harbor Maintenance Trust Fund, created in 1987, is financed by a harbor tax paid by importers and domestic shippers, passengers and other sources. It is intended to pay for harbor maintenance, but small ports have had a hard time competing for the funds, partly because Congress has historically raided the fund for other uses. The Pacific Northwest Waterways Association estimates that lawmakers over the years have siphoned off $9 billion for non-harbor purposes.
Emails: Port of Olympia staff have discussed military cargo throughout the year, including possible shipment in September
Rolf Boone, September 18, 2016, The Olympian
Publicly requested Port of Olympia emails that have been shared with The Olympian show that port staff, including Executive Director Ed Galligan, have had regular conversations with Army personnel about bringing military cargo to the port.
And those emails identified September as a possible shipping date, including the week of Sept. 16-23.
Despite the email, Executive Director Galligan said as recently as last week that no shipments are expected through the end of the year.
Read more here: http://www.theolympian.com/news/business/article102654512.html
The port heard you loud and clear; now let’s talk
Opinion by Connie Bacon and Dick Marzano, September 18, 2016, The News Tribune
How much outreach is enough for a public agency? We have learned there’s no such thing.
We at the Port of Tacoma truly believed we had communicated extensively about the proposed methanol and liquefied natural gas facilities before the commission voted to authorize the leases for those two projects.
Citizens told us otherwise. And we heard you. The public outcry over the proposed methanol plant was often bitter, contentious and hard on everyone involved in the debate. It was painful for the port commission, staff and local citizens.
Read more here: http://www.thenewstribune.com/opinion/article102216332.html
Why the $90M cash injection by Hanjin shareholders may not be enough (+ video)
Andrew McIntosh, September 16, 2016, The Puget Sound Business Journal
A cash injection by major Korean shareholders of Hanjin Shipping may not resolve the chaos that has engulfed the Korean container transport giant, a new report by research firm IBIS World suggests.
The Korean shipping giant filed for bankruptcy protection from its creditors before Labor Day, sending the world’s container shipping and logistics sectors into chaos.
The $5 billion collapse has stranded dozens of its ships — as many as 80 — and their crews at sea, IBIS World procurement analyst Ashley Cruz said in a report on the Hanjin crisis.