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Maritrans Operating Company Lp News

10 Jan 2005

DHS Names Maritime Security Advisory Committee Members

The U.S. Department of Homeland Security today announced the appointment of the following individuals to serve on the National Maritime Security Advisory Committee. "On behalf of Secretary Ridge, I am delighted to welcome these advisors to our team," said Admiral Thomas H. Collins, commandant of the Coast Guard. The advisory committee has been established to provide advice to the Department of Homeland Security via the U.S. Coast Guard on matters such as national maritime security strategy and policy, actions required to meet current and future security threats, international cooperation on security issues, and security concerns of the maritime transportation industry as mandated by the Maritime Transportation Security Act of 2002. Joseph H. Thomas E. John C.

21 Feb 2003

Maritrans: Missing Data = Flawed Study

Maritrans Operating Company L.P. said it believes the benefits of deepening the Delaware River to 45 ft. have been severely misstated by the U.S. Army Corps of Engineers (ACOE). The ACOE report, released in December 2002, concluded that the benefits to cost ratio of the deepening project was 1.18 to 1. The report states that the major benefit of this project is in the form of reduced lightering expenses for refineries along the Delaware River. Maritrans Operating Company L.P., which performs a very high percentage of all lightering for area refineries, reports that the ACOE understated the actual volume of lightering by approximately 25 percent and under-reported the number of hours spent lightering by approximately 35 percent.