Page 8: of Marine News Magazine (April 2016)

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BY THE NUMBERS

Subchapter M: Looming Large

It can be argued that the “M” in Subchapter M stands tions and repairs might not present a problem. On the for money. Shipyards should take notice. In the beginning, other hand and for smaller operators, it could signal the the Coast Guard and Maritime Transportation Act of death knell. Data (dated, but still quite valid) derived in 2004 established new authorities for towing vessels. On part from estimates put together for the Coast Guard tap for more than a decade, SubM addresses ‘uninspected’ from ABS and the Towing Safety Advisory Committee segments of the commercial inland industry. In reality, this (TSAC), By the Numbers, is therefore illuminating. segment is anything but uninspected. Operators, with the Just three years ago, MarineNews contributor Gary

American Waterways Operators (AWO), insurers, lend- English reported that an estimated 1,059 operators, ers and classi