Page 8: of Marine News Magazine (August 2005)

7 9

AAPA Approves

Vote on WRDA

After a successful floor vote in the U.S.

House of Representatives to approve pas- sage of a Water Resources Development

Act (WRDA) authorization bill, American

Association of Port Authorities (AAPA)

President/CEO Kurt Nagle applauded committee and subcommittee leaders for championing the legislation, noting that this is a prelude to conference and final passage of one of the most critically-need- ed authorization bills of this session. "America's ports depend upon a regu- lar, biennial cycle of new project autho- rizations to improve federal navigation channels to accommodate calls from a modern world fleet of deep-draft ships," remarked Nagle. "This bill is critical to maintaining America's position as a dom- inate world trading partner and ports as engines of the nation's economic growth."

Nagle said that AAPA and its U.S. member ports "are very appreciative" of the support provided by Transportation and Infrastructure Committee Chair Don

Young (R-AK) and Ranking Member

James Oberstar (D-MN), along with

Water Resources and Environment Sub- committee Chair John Duncan (R-TN) and Ranking Member Eddie Bernice

Johnson (D-TX).

The last WRDA bill was signed into law in 2000. In the intervening half-decade, as demand for critical water resources projects has accumulated, so have the costs to implement them, making it more difficult to secure passage of a new

WRDA.

Nagle noted that the most important thing HR 2864 does, in addition to needed project authorizations, is set the stage for timely biannual authorization bills in the future.

He said that approving a WRDA bill every two years ensures the competitive- ness of America's exports while permit- ting the country's access to low-cost imports, which helps control inflation.

EBDG Adds to

Team

Roy Neyman has joined Elliott Bay

Design Group (EBDG) as Project Manag- er, bringing with him nearly 30 years of marine industry experience with both government and commercial ship design, construction, and operation projects.

David Wright has joined EBDG also, bringing more than 16 years of drafting and design experience. In his role as

Marine Designer he is currently support- ing the design of a series of landing craft vessels that will soon begin construction at Kvichak Marine Industries.

GlobalSantaFe

SCORE Rises Again

Worldwide oil and gas drilling contrac- tor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or

Summary of Current Offshore Rig Eco- nomics, for June 2005 was up 9.2 percent from the previous month's SCORE.

GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980-1981 peak of the off- shore drilling cycle. In the 1980-1981 period, when SCORE averaged 100 per- cent, new contract dayrates equaled the sum of daily cash operating costs plus approximately $700 per day per million dollars invested.

Whitley Joins

Rigdon

Jim Whitley was appointed Director of

Technical Services for Rigdon Marine. He will be responsible for vessel engineering, new construction, maintenance and repair, vessel docu- mentation, and reg- ulatory compliance.

Larry Rigdon said. "His compre- hensive oversight of the technical opera- tions of our vessels, including maintenance and repair, will provide a safe environment for our crews and an operating fleet of the highest qual- ity for our customers." Whitley earned his

Bachelor of Science in Naval Architecture and Marine Engineering from Webb Insti- tute of Naval Architecture. He previously worked for Rigdon Marine as an indepen- dent contractor, overseeing the engineer- ing support and onsite management of the construction of the company's ten GPA 640 class platform support vessels in

Mobile, Ala. 8• MarineNews • August, 2005

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