Page 32: of Maritime Reporter Magazine (March 1998)

The superb Avon range of pure inflatables and R.I.B.s offers carrying capacities of 12 to 27 persons, and a power range from a single 10 hp to twin 235 hp engines. There are Avon craft in use worldwide, specially designed for all types of demanding Commercial and Military use.

Send for full details including our range of lightweight fenders.

AV§N'

MARINE

Avon Marine, Inc. 4740 126*' Avenue Nortfi,

Clearwater, FL 33762

Tel: 813-571-3616 Fax: 813-571-3515 11215 Young River Avenue,

Fountain Vafley, CA 92708

Tel: 714-444-9244 Fax: 714-444-9269 www.avonmarine.com

Circle 210 on Reader Service Card

RUBBER FENDERS FOR

O DOCKS, TUGS & WORKBOATS -Q-

Manufactured By ^^

A

SOVEREIGN RUBBER AMERICA

Hillaate Industrial Estate, Carrington Field Street,

Higher "Hillgate, Stockport, Cheshire SK 1 3JW, England

Telephone: 011 44 181 960 4224 Fax: 011 44 181 960 4334

Contact: Alan Scott-Neve

W E-mail: [email protected] o

CiHifimU No. 946/95 Ccirificalr No. 946/95

Circle 284 on Reader Service Card

Xtek Smart System

Extended Wear Crane Components.

Xtek TSP™ hardened steel crane components - originally developed for steel mills - are rapidly becoming the favorite of shipyards and ports everywhere.

Track wheels Sheave wheels Brake wheels

Rope Drums Gearing

In every application, Xtek components will outlast

OEM products ...hands down. That means more value. Less cost. Reduced maintenance expense.

Which adds up to one Smart System.

Call today or visit our website at www.xtek.com.

Our engineers are ready to help improve the productivity in your yard or port facility. >X

Smart System. Problem Solved. 11451 Reading Road, Cincinnati, Ohio 45241 Phone: (513) 733-2963 • Fax: (513) 733-2993

Circle 328 on Reader Service Card 30

To be eligible under the domes- tic Title XI program, a vessel must (1) be owned by a U.S. citizen; (2) be constructed, reconstructed or reconditioned in the U.S.; and (3) be documented under the laws of the U.S.

Eligible Export Vessels include any vessel that (1) is constructed, reconstructed or reconditioned in the U.S.; (2) is used in world-wide trade; and (3) upon delivery or redelivery, is placed under or con- tinued to be documented under the laws of a country other than the

U.S.

Citizenship Of Applicant

The citizenship requirements under U.S. maritime law are pri- marily set forth in the vessel docu- mentation laws, the Shipping Act, 1916, as amended, and the Jones

Act. The documentation laws establish the general citizenship requirements imposed on owners of vessels documented under the

U.S. flag

Section 2 of the Shipping Act, 1916, defines "citizen of the U.S." for purposes of several maritime statutes. It does include a stock- holder requirement, i.e.; that the "controlling interest" in a corpora- tion or partnership must be held by U.S. citizens and, in the case of a company operating a vessel coastwise, 75 percent of the inter- est must be held by U.S. citizens.

This definition is incorporated into the Jones Act that requires vessels operated in the coastwise trade be owned by Section 2 citizens. It is also used in Section 9(c) of the

Shipping Act, which prohibits transfers, including charters, of

U.S. citizen-owned and U.S. docu- mented vessels to non-Section 2 citizens.

With the 1993 amendments to the Merchant Marine Act of 1936,

Title XI citizenship requirements are inapplicable for export vessel projects. Since 1994, MarAd has approved eight export Title XI applications.

The Title XI Program

A successful Title XI applicant receives a guarantee from MarAd which is backed by the full faith and credit of the U.S. government for financing to construct, recon- struct or recondition vessels built in U.S. shipyards. In sum, the successful qualifying Title XI applicant can use the credit of the

U.S. government to access U.S. capital markets. Accordingly, actual financing is provided through the issuance U.S.

Maritime Reporter/Engineering News