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' w ' ' ' Ilflll ' ' 11 " II effective Maritime Security Program enacted in 1995 would guarantee our country a modern, efficient U.S.- flag, U.S.-crewed Merchant Marine for the 21st Century." Sea-Land Service Inc., a unit of CSX Corpora- tion, Richmond, Va., is a world leader in intermodal freight transporta- tion and related services. Sea-Land operates more than 90 containerships and 190,000 contain- ers and serves 120 ports in 80 coun- tries and territories around the world. ::: MarAd Grants Approval For Slot Charter Pact The Maritime Administration (MarAd) granted a waiver pursuant to section 804 of the Merchant Ma- rine Act, 1936, as amended, to Ameri- can President Lines, Ltd., (APL) to permit the company to charter slots on vessels operated by Mitsui OSK Lines, Ltd., Nedlloyd Lines BV, and Orient Overseas Container Lines, Ltd. APL is to participate in the Asia-Atlantic Alliance Agreement, a reciprocal slot exchange agree- ment, and a master slot charter agreement. The geographic scope of the trade in U.S. foreign commerce of the Asia-Atlantic Alliance Agree- ment as implemented by the master slot charter agreement is between U.S. Atlantic ports, and via the Panama Canal, Hong Kong, Tai- wan and Japan. Notice of the pro- posed application, assigned Docket S-916, was published in the Federal Register on Dec. 6, 1994. Title XI Applications Canal Barge Company MarAd has received an applica- tion from Canal Barge Company, Inc., New Orleans, for a Title XI guarantee to aid in financing the construction of four liquid tank barges, one 260-ft. (79-m) deck barge and one 120-ft. (36.6-m) spud deck barge. The tank barges would be built by the Trinity Marine Group, Gulfport, Miss. The two deck barges would be built by Newpark Ship- building and Repair, Houston, and Conrad Industries, Inc., Morgan City, La., respectively. The barges would operate in the inland water- ways of the U.S. All the barges were delivered last year, with the excep- tion of one of the deck barges, which was to be delivered in February of this year. The estimated guarantee amount is for $4,359,645 of the total esti- mated cost of $4,982,452, with a loan term of 25 years. Energy Transportation Group Energy Transportation Group, Inc., New York has asked MarAd for a Title XI guarantee to aid in the financing of 12 electrical power gen- erating vessels. The proposed ship- builder is expected to be Marine Energy Systems Corp., Charleston, S.C. The area of operation is Port Qasim, Pakistan. The delivery dates (Continued on page 11) MarAd Grants Approval Reflag Five Vessels (Continued from page 7) had been held in abeyance while the 103rd U.S. Congress consid- ered maritime reform legislation designed to alleviate the higher costs imposed on U.S.-flag vessel opera- tors by U.S. laws. When the legis- lation failed to pass Congress last fall, Sea-Land asked MarAd to ex- • -' MB • For Sea-Land Service To • • . • ... pedite the approval of five of the 13 applications. "Sea-Land was very disappointed that maritime reform legislation was not passed last year," Mr. Clancey said. "For four years, a united U.S. maritime industry has worked hard for a reform program that would preserve U.S.-flag Merchant Marine capabilities and effectively serve America's commercial requirements and protect its defense interests. Given that the 102nd and 103rd Congresses failed to enact such leg- islation, Sea-Land has had to begin taking the necessary steps to re- main competitive. "At the same time," Mr. Clancey continued, "we remain committed to working closely with the Admin- istration, the 104th Congress and the entire industry to gain approval of reform legislation this year. An Peterson Builders, Inc. P.O. Box 650 STURGEON BAY, WL 54235-0650 (414) 743-5574 . FAX: (414) 743-4784 ANY SHIP ANY DESIGN ANY MATERIAL The Door's Wide Open. PBI is ready to put over sixty years of quality, innovation and expertise to work for you. Proven ship designs include hull construction from aluminum, steel, wood and composite materials. It all adds up to an impressive and established track record for experience, design and performance. But most importantly, it means that when you work with PBI, you get a vessel designed, constructed and delivered according to your specific performance criteria. 8 Circle 270 on Reader Service Card Maritime Reporter/Engineering News
