ABS Granted Statutory Authority By Argentina

Friday, December 10, 2004
ABS has signed a memorandum of Agreement with the Prefectura Naval Argentina (PNA – the Argentine Coast Guard) by which the classification society is now authorized to issue statutory certificates on behalf of the PNA for Argentine flag vessels in the nation’s cabotage trades. ABS is one of only two international class societies to receive this authorization.

ABS is currently authorized by the PNA to issue statutory certificates for internationally trading Argentine flag vessels. The extended authorization expands that authorization to include domestically operating vessels such as workboats, fishing vessels and barges.

“This agreement has particular significance since a recent change in Argentine law requires all cabotage vessels to operate under the national flag by 2006,” said ABS Americas President Todd Grove who signed the new memorandum in Buenos Aires. “The agreement will simplify the reflagging of vessels currently involved in those trades that are in ABS class and will reduce the administrative burden that would otherwise fall on the PNA,” he added.

The expanded authorization also means that ABS will be able to offer a complete package of classification and statutory services to owners that will be building new vessels in Argentine shipyards for these trades.

“The first of a series of fishing vessels that fall under this expanded agreement is already under construction in Argentina to ABS class,” said Ruben Saied, ABS Country Manager, Argentina. “The new agreement is expected to benefit all the parties involved, the shipyard, the owner, the PNA and ABS. The significant number of cabotage vessels that are being negotiated with yards by prospective owners can also be expected to reap similar benefits from this harmonized approach to statutory and class certification.”

As the Argentine Maritime Authority, PNA enforces international conventions on safety of human life at sea, pollution prevention and control as well as related technical and legal matters. PNA performs flag State and port State control functions involving vessel records and control of ship safety conditions pursuant to the provisions of related laws, regulations and relevant international agreements.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Raytheon Anschütz Opens Service Center in Panama

German navigation system manufacturer Raytheon Anschütz has established its new subsidiary Raytheon Anschuetz Panama, S. de R.L., in Panama City.   The new company,

ISS Palumbo UK Acquires Union Transport

ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

Legal

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

BP Quits Indonesian Blocks on Risk Concerns

UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.

Yemen Lifts Force Majeure on LNG Deliveries

Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters reported last week that the 6.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3552 sec (3 req/sec)