Overseas Bureau Shipping News

MarAd Approves Five Applications

The Maritime Administration (MARAD) has approved five applications under section 9 of the Shipping Act, 1916, as amended. · Coastal Towing, Inc., Spring, TX, has received approval to sell the 1,454-gross-ton tank barge COASTAL 2007-L to Overseas Bureau Shipping, a Panamanian corporation, and transfer said Vessel to Panamanian registry and flag. The vessel was built in 1977 in Nashville, TN. · C. S. Liftboats, Inc., Erath, LA has received approval to sell the 2,518-gross-ton Jack-Up Drilling Rig M/V TRIDENT CRUSADER to National Drilling Company, a United Arab Emirates corporation, and transfer said Vessel to United Arab Emirates registry and flag. The vessel was built in 1999 in Pascagoula, MS.