In the Maritime Transportation Security Act (MTSA), signed into law on November 25, 2002, Congress directed the U.S. Coast Guard to. among other things, establish a vessel security plan requirement for appropriate vessels operating in United States waters.
In 1985, the depressed state of the barge and towing industry further emphasized the longstanding need to secure a reasoned and stable regulatory environment for domestic marine transportation. This elusive goal took on greater importance as the
This year. The American Waterways Operators (AWO), the national trade association for the tugboat, towboat and barge industry, celebrates its 60th anniversary. AWO members, representing the inland, coastal and harbor sectors of the industry, recently
Herman J. Molzahn, Vice President, Operations The American Waterways Operators, Inc. is the only association in the United States which focuses on the regulatory interests of the coastal and inland barge and towing industry. Through its committee structure,
With the development of the new software product Smart Radical Innovation, Greek marine IT specialist SES has underlined its long-term commitment to the ship management software and services sector. Smart is a multi-user technical, purchasing and
On December 30, 2000, the tanker Castor was underway in the western Mediterranean Sea en route from Constanza, Romania to Lagos, Nigeria, carrying 29,470 tons of unleaded gasoline. During a fierce winter storm, the ship developed a 22-m long crack
In all probability, the changes taking place in Europe will have a profound impact on the way ocean carriers do business in the years ahead. Of course, no one can predict exactly what the European economy will look like in 1992. While many people
One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's effective risk assessment requires a thorough understanding of the vagaries that characterize the industry.
S a l v a g e response in the United States, and to a considerable degree throughout the world, has evolved to become essentially a new industry as measured by historical precedent. There are five principal factors, which have forever changed
There is an old adage about one party sneezing and the other catching pneumonia as a result. This is the routine reaction of ports to new ship designs. A recent example was the introduction of "beyond Panamax container ships" in the Pacific trade by American President Lines.