Page 2: of Marine News Magazine (May 2016)

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CONTENTS

MarineNews May 2016 • Volume 27 Number 5

INSIGHTS 12 Jennifer A. Carpenter Executive Vice President & COO,

American Waterways Operators

FINANCE 18 When Foreign Doesn’t Mean Foreign The Jones Act Lease Financing Exception.

By James A. Kearns

INSURANCE 24 Less is More in Post-Casualty Interviews When it comes to casualty investigations, any

Credit: Pat Folan statement can be interpreted completely differ- ently by investigators.

By Randy O’Neill

Features

BOATBUILDING 40 A Tragic Day & Sub M Taking a different look at the recent Specialist casualty from 28 Beyond the Build the eyes of both an experienced mariner and safety consultant.

Tips for the new workboat owner – and that boat’s

By Pat Folan builder – alike.

By Joe Hudspeth 46 Good News from the Oil Patch (really) The versatility of Offshore Service Vessels of all types is

REGULATORY COMPLIANCE lending itself to a new, niche market, created largely by the collapse of global energy prices. 36 Bearing’ Down on VGP Compliance

By Joseph Keefe Thordon’s RiverTough prop shaft bearings for inland workboat operators – for the bottom line, 50 Location, Location, Location below the waterline. TPG’s Chicago Dry Dock operations are centrally located

By Joseph Keefe and just one part of a diverse inland river service company.

By Joseph Keefe

ENVIRONMENTAL COMPLIANCE 4HE