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

Coast Guard

Coast Guard Investigating Fatal Boating Collision

The Coast Guard is investigating a fatal collision between a towboat and a pleasure craft near Cincinnati, Thursday evening. Watchstanders at Coast Guard Sector

Coast Guard: Investigations Underway in Cutter Collision

The Coast Guard is conducting a series of formal investigations after Tuesday’s collision involving a Coast Guard cutter and a fishing vessel off the coast of Puerto Rico.

Airlift Video: Sick Sailor Taken Off Containership

US Coastguard Corpus Christi inform that a rescue helicopter has medevaced the crewmember of a container ship approximately 40 miles offshore of South Padre Island.

Maritime Safety

Report on MOL Comfort Incident is out

In response to the casualty of “MOL COMFORT” which occurred on 17 June 2013, ClassNK established the Investigative Panel on Large Container Ship Safety, comprised

NAT Tankship Rescues 150 in Mediterranean

Nordic American Tankers Limited ("NAT") says the one of its vessels, the 'Nordic Passat' performed a rescue operation, involving 150 people in the Mediterranean last Saturday afternoon,

Almarin Buoys for GNL del Plata in Uruguay

Almarin has supplied fourteen buoys to OAS constructor for the maritime beaconing of the works of GNL del Plata project in Uruguay. Almarin Spanish AtoN supplier

Vessels

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Mitsui Procuring 8 LNG Vessels

President and CEO, Masami Iijima of Mitsui & Co., Ltd. informed that the compnay is currently proceeding with the procurement of eight LNG ships intended to

Aker Evaluating Future of US Shipyard, ASC

Norway's Aker ASA may decide to merge or otherwise restructure two listed units that have seen strong benefits from the U.S. shale oil energy boom, Aker's Converto

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1562 sec (6 req/sec)