The Maritime Administration (MarAd) has approved the sale and transfer of five vessels under section 9 of the Shipping Act, of 1916, as amended. On December 12 2007, MarAd approved an application filed by Rowan Companies, Inc., of Houston, TX. for the transfer of the mobile offshore drilling unit Hank Boswell (Official No. 1183234), to Marshall Islands registry and flag. On December 27, 2007, MarAd approved an application filed by Mobro Marine, Inc., of Green Cove Springs, FL, for sale of the freight barge MB 5500 Official No. 1080955, and the transfer of said vessel to Construction Norberto Odebrecht, S.A. a Venezuelan corporation, and transfer of said vessel to Venezuelan registry and flag.