government
Passenger Vessel Report
Builder Austal Name Betico Type Catamaran Owner Govt, of New Caledonia The custom designed livery emulating the waves of the ocean gives Betico. a 171 ft. (52 m) high speed passenger catamaran an original, striking appearance. The vessel has
REVIEW AND OUTLOOK
The bombshell provided by Canada's April 1989 budget completely overshadowed any definitive review of 1988, with respect to Canada's shipyards and associated marine manufacturing and supply industries. I'll return to this dramatic issue after a quick look at the year ending on December 31,
A New Chapter in Naval Shipbuilding
As a resounding endorsement of its long-term commitment to shipbuilding in the U.K., Vosper Thornycroft (VT) has created a state-of-the-art ship production facility within Portsmouth Naval Base. Having recently attained preliminary operational status through steel cutting on 295-ft.
Tracor Marine Awarded $6-Million Contract To Convert AT&T Cable Ship
Tracor Marine of Port Everglades, Fla., a subsidiary of Tracor, Inc., has received a contract that will bring the company $6 million over the next 12 months from Transoceanic Cable Ship Company, Inc., a wholly owned subsidiary of AT&T. The award was announced by William C.
Tax Act Creates 'New Subsidy7 For Railroads
The nation's railroads will receive major profit windfalls in the next few years due to a change of accounting methods allowed them in the Economic Recovery Tax Act of 1981, according to a study conducted by the Chicago law firm of Lord, Bissell & Brook.
Appropriations Conference Approves Use Of Foreign Ships For Ready Reserve Force
In conference on October 1, the Senate receded to the House on the Ready Reserve Force (RRF) provisions in the fiscal year 1992 Maritime Administration appropriations bill. This action effectively killed the Senate amendment which would have restricted RRF purchases to U.
Singapore Introduces Tax Plan To Lure Foreign Shipowners
The Singapore Government recently announced a tax exemption plan for foreign shipping companies in a move to encourage owners to relocate to the country. The announcement came on the heels of a similar action by Canada. Singapore's plans were announced by its finance minister Richard Hu,
House Approves $ 1.35 Billion For Maritime Reform
Money raised by increasing duty on ships visiting U.S. ports The final piece of a comprehensive, bipartisan initiative authored by Rep. Gerry E. Studds(D-Mass.) to reform and revitalize the U.S. maritime industries was approved by a vote of 294 to 122 by the U.
Gulf Fleet To Provide Five Vessels For India's Offshore Operations
Richard M. Currence, president of Gulf Fleet Marine Corporation, New Orleans, has announced that its wholly owned subsidiary, Gulf Fleet Marine Operations, Inc., has been awarded a multi-vessel, oneyear contract by The Oil & Natural Gas Commission, the national energy company of India.
A Practical Discussion Regarding Compliance
Maritime businesses are increasingly becoming the subject and target of federal criminal investigations. This is due. in part, to the increased emphasis on the enforcement of the criminal provisions of labor, customs and environmental regulatory provisions.