MarAd Offering Tankers for Sale; Issue Ruling

Wednesday, August 18, 1999
The Maritime Administration (MarAd) has two tankers up for sale, for the limited purpose of their reconstruction for sale or charter to a North Atlantic Treaty Organization (NATO) country for use as oilers. Both vessels, Henry Eckford and Benjamin Isherwood, are located at the James River Reserve Fleet, Fort Eustis, Va. MarAd also issued a ruling denying Apex Marine Ship Management Company's request for confirmation. The ruling states upon properly being document under the U.S.-flag, an existing foreign-built vessel may be qualified immediate participation in the U.S.-Israel grain trade consistent with the terms of a 1998 Side Letter issued by the Israeli Government. Liberty Maritime Corporation opposed the request. In addition, Park Place New Orleans of Las Vegas, Nev. has requested to sell passenger vessel Queen of New Orleans to Canadian Riverboat Enterprises, Ltd.

Legal

Philippines: Sea Dispute Won't Shift Ties with China, U.S.

The Philippines' territorial dispute with China over the South China Sea has not caused Manila to rebalance diplomatic ties with either its ally, the United States,

Hanjin Shipping to Submit Self-Rescue Plan

South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media.

US Coast Guard Announces Final TWIC Rule

The U.S. Coast Guard announced Tuesday the publication of the final rule concerning Transportation Worker Identification Credential (TWIC) reader requirements. The

 
 
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