Investing in America’s Critical Maritime Infrastructure
Congress recently made a major, if little noticed, new investment in American infrastructure. As part of the year-end budget deal, lawmakers released $10 billion that had been locked away in the Harbor Maintenance Trust Fund (HMTF) to be used for its intended purpose: dredging U.S. harbors to keep our ports open and to support U.S. economic and national security.
Maritime infrastructure is an indispensable national asset, which is why the U.S. Department of Homeland Security recognizes the Maritime Transportation System (MTS) as one of the seven critical subsectors within…
American Maritime Leaders Applaud Biden Administration for Prioritizing Support of the Jones Act in “Buy American” Executive Order
The American Maritime Partnership (AMP), the voice of the nation’s domestic maritime industry, today applauds the new Executive Order to be signed by President Biden on January 25, 2021, “Strengthening ‘Buy American’ Provisions, Ensuring Future of America is Made in America by All of America’s Workers.” Signaled as a priority, the Executive Order formally confirms the Biden Administration’s policy to strongly support American Maritime workers and businesses serving…
Cashman Announces Design Contract to Expand Its Hopper Dredge Fleet
Quincy, MA — Today, Cashman Dredging and Marine Contracting Co., LLC of Quincy, Massachusetts, announced the execution of a design contract with IHC America Inc. for a new 6,500 cubic yard trailing suction hopper dredge. The new vessel will complement Cashman Dredging’s current fleet of specialized dredging equipment and will primarily service the coastal protection and navigation maintenance markets when it enters service in 2024.
“Innovation has always been a…