IN-DEPTH: Baltimore Disaster Adds Urgency to Calls for US Maritime Policy Reform, Port Investment

5Mind. The Meme Platform

Growing chorus say Biden’s $20 billion ports plan needs big boost to reverse decades of infrastructure neglect that now imperils commerce, national security.

President Joe Biden, in an executive order this February, directed $20 billion in allocations from the 2021 Bipartisan Infrastructure Bill (BIL) into a five-year grant program dedicated to modernizing America’s 361 commercial ports.

The money is welcome but not nearly enough to overcome decades of neglect in comprehensive federal port investment and a half-century absence—some say abdication—by successive administrations and Congresses in sustaining a cohesive national maritime policy, a growing chorus of critics contend.

“If you talk to anyone in the ports, they are extremely excited about this. It’s more money than they’ve received in decades,” said Capt. John Konrad, founder and CEO gCaptain.com, a maritime commerce news and analysis site.

“But if you put it in context of a $1.2 trillion infrastructure” package approved under the 2021 BIL and 2022’s Inflation Reduction Act, “it’s less than 1 percent. In that context, it’s not a lot of money,” he told The Epoch Times.

With the nation’s ninth-busiest commercial port sitting idle since the Singapore-flagged 95,000-ton Dali knocked down Baltimore’s Francis Scott Key Bridge on March 26, there’s added intensity to years-long calls to upgrade ports to safely accommodate megaship container carriers. Only a handful of U.S. ports can, and improvements are needed to buttress supply chains that generate $5.4 trillion in annual domestic economic activity.

That renewed emphasis on federal port investment is certain to surface when the House Transportation & Infrastructure Committee’s Coast Guard & Maritime Transportation and Homeland Security subcommittees convene a joint field hearing at the Port of Miami on April 5.

“The problem is, if you look at how much money we spend in that infrastructure bill on maritime, it is a fraction” of what is needed, said Dr. Salvatore Mercogliano, a professor who analyzes maritime commerce at Campbell University in Buies Creek, North Carolina.

There’s even less federal policy dedicated to maritime commerce than federal money for ports, he told The Epoch Times.

“You actually had the Secretary of Transportation [Pete Buttigieg] at a press conference” on the Dali crash “come out and say, ‘You know, there’s really no one in charge’” of national maritime policy and that the U.S. Maritime Administration (MARAD) “‘doesn’t have the power the FAA does to control air, so there’s no central place that should be looking out for ports and maritime policy,’ which I think is an inherent flaw in the government’s oversight of shipping.”

By John Haughey

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

America In Crisis: The Clueless Masses Need To Wake Up!

There seems to be a growing number of Americans who believe this country is some horrible, oppressive nightmare.

Breaching constitutional limits

Bill 1957 would restructure Pennsylvania’s constitution and give abortion and a wide range of “personal reproductive decisions” legal protection.

Chasing the NIL mirage

The Wall Street Journal’s recent dive into Florida’s high school transfer free-for-all should awaken every parent, educator, and legislator.

Corporate Profit Margins Hit All-Time High as Small Doritos Bags Retail at $5.99

Corporate profit margins and raw corporate profits are at record highs, but it’s the margins that really beg questions.

The pro-Hamas crowd: WORSE than antisemites

The pro-Hamas crowd: WORSE than antisemites

Trump Says He Supports Suspending Gas Tax

With gas prices surging 50 percent since the start of the war in Iran, Trump told CBS News on May 11 that stopping excise taxes would be a “great idea.”

Suspect in Attempted Trump Assassination Pleads Not Guilty

Cole Allen, the suspected shooter at the White House Correspondents’ Dinner, pleaded “not guilty” in federal court on May 11.

Republicans Regain Advantage in Redistricting Fight After Virginia Map Overturned

Republicans have regained the advantage in the national mid-decade redistricting battle after the Virginia Supreme Court struck down a map.

Acting CDC Director Says Hantavirus Outbreak ‘Is Not COVID’

CDC’s acting director says the situation is not expected to become a COVID-level outbreak, emphasizing limited widespread risk.

Tech, Business Leaders Set to Accompany Trump on China Trip

President Trump is bringing a delegation of business executives when he travels to China for a summit with Chinese Communist Party leader Xi Jinping.

Trump Nominates FEMA Lead Fired From Role a Year Ago

The WH released a list of nominees for various positions across the federal government, including former Navy SEAL Cameron Hamilton to take over aa lead.

What to Know About Trump’s Presidential Fitness Test Award Revival

In the coming academic year, old-fashioned calisthenics, timed runs, and the spirit of competition could return to many public schools.

Rubio Meets With Pope Leo at the Vatican

Secreetary of State Marco Rubio met with Pope Leo XIV at the Vatican, amid a war of words between the head of the Catholic Church and President Trump.
spot_img

Related Articles

Popular Categories

MAGA Business Central