Page 55: of Marine News Magazine (November 2012)

The effort to recapitalize the Coast Guard never ends. And, although the larger cutter programs tend to get the most attention from industry observers, the job of making sure that the workhorse small boat response ß eet for the nationÕs homeland security stalwart remains up to the task is arguably more important. Starting in 2002, the U.S. Coast Guard purchased 100 RB-HS boats from U.S. builder Safe Boats, followed by another larger purchase of 448 RB-S I boats during the period of 2003 through 2009. Today, the effort to replace these and other aging assets and at the same time, standardize the Coast GuardÕs response boat platforms across the breadth of the organization is also well underway. CONTRACT AWARDS At least three major contracts have been awarded and production is underway on boat awards. The Þ rst award involves Metal Shark Aluminum Boats of Jeanerette, LA and a Þ xed price contract to replace the U.S. Coast GuardÕs ß eet of Response Boat Ð Small (RB-S) vessels. As many as 470 boats could eventually be delivered to the Coast Guard, with another 30 boats potentially to be built for the U.S. Customs and Border Protection and the U.S. Navy. The $192 million contract Ð one of the largest boat buys of its kind ever for the Coast Guard Ð will greatly enhance its mission capabilities in the years to come. For the Response Boat Ð Medium (RB-M) requirements, the Coast Guard has awarded to Marinette Marine Corporation contract(s) for as many as 166 boats that may eventually reach an expenditure of almost $400 million. The most recent delivery order of 40 boats was made in February; a $90 million addition to the current backlog. Finally, DHS in June also awarded Maritime businesses face a complex set of insurance needs on a daily basis. So having a trusted maritime advisor on your side 24/7 could be the difference between sinking or swimming. Enter Randy Carnahan. With years of marine insurance experience, Randy understands your dynamic business landscape intimately. He heads up Gencorp Insurance Groups Marine Division whose sole purpose is to provide marine contractors, vessel ope rators, salvors, builders and repairers with insurance safeguards and solutions. Call Trusted Marine Advisor Randy Carnahan today. Randy Carnahan Marine Insurance Advisor TRUSTEDMARINE INSURANCEADVISORS Call Randy Carnahan 800.232.0582 x182East Greenwich, RI 02818 l [email protected] l gencorp-ins.com MNNov2012 Layout 50-65.indd 55MNNov2012 Layout 50-65.indd 5511/6/2012 4:21:35 PM11/6/2012 4:21:35 PM