By the Numbers: Subchapter M Statistics

Marine News
Thursday, May 16, 2013

The Coast Guard and Maritime Transportation Act of 2004 (Aug. 9, 2004), established new authorities for towing vessels. Out of that came a proposed regulatory scheme requiring towing vessels to become inspected vessels and obtain a Certificate of Inspection (COI). The proposed Subchapter M for title 46, U.S.C., covering Certification, Vessel Compliance, Towing Safety Management System (TSMS), Third-Party Organizations, Operations, Life-Saving, Fire Protection, Machinery and Electrical Systems and Equipment, and Construction and Management of towing vessels is now in draft form. Looking ahead, the Coast Guard refuses to speculate about rulemaking timelines but the Assistant Commandant for Prevention Policy, Rear Admiral Joseph A. Servidio, told MarineNews in April, “We are working to finalize this rule as soon as possible, and may make some adjustments to what was in the NPRM, but cannot talk about possible changes or timelines at this time.” Data, in part derived from estimates put together for the Coast Guard themselves, from the American Bureau of Shipping Group and the Towing Safety Advisory Committee (TSAC), and based upon the NPRM, is illuminating.
The cost of a Safety Management System, assuming that it is not already in place, will be hefty. Indeed, the estimated potential cost for a TSMS could reach as much as $2.9 million for an average towing company.
The Coast Guard touts the coming rules as something that will (a.) address a wide range of causes of towing accidents, (b.) Improve safety within the towing industry, (c.) decrease the risk of towing vessel accidents and (d.) significantly reduce the number of fatalities, injuries, property damage and oil spills. If so, the cost is probably worth it. But, if you are looking at coming up to speed from baseline, that’s of little consolation. Nevertheless, it is time to get ready.

 

(As published in the May 2013 edition of Marine News - www.marinelink.com)
 

 


 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Coast Guard

USCG to Ensure Safety During World Series

The Coast Guard and local agencies are working to ensure the safety of boaters and baseball fans during World Series games at AT&T Park this weekend. The

USCG Monitoring Barge adrift in Beaufort Sea

U.S. Coast Guard personnel and Canadian federal agencies, including the Canadian coast guard, Transport Canada and Environment Canada, are monitoring a 134-foot

EUCAP Nestor Train 30 Somali Coast Guards

On 21 October, the European Union’s Maritime Capacity Building Mission in the Horn of Africa and Western Indian Ocean (EUCAP Nestor) celebrated the successful completion of a two month Mentoring,

Maritime Safety

USCG to Ensure Safety During World Series

The Coast Guard and local agencies are working to ensure the safety of boaters and baseball fans during World Series games at AT&T Park this weekend. The

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Vessels

COSCO Delivers Bulker

The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co.

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators 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: 0.1436 sec (7 req/sec)