In these hard times, we are all experiencing- severe economic strains, and we are all looking for the proverbial "light at the end of the tunnel." Over the last few years, many events have coincided bringing both the economy and this segment of
There has been much ado over the recent Supreme Court ruling that a commercial uninspected drilling vessel must comply with applicable Occupational Safety and Health Administration (OSHA) standards since the vessel was not regulated by under the USCG inspected vessel standards.
The Society of Marine Consultants held its first luncheon open to the public recently at the Whitehall Club in New York City. The speaker was Richard P. Hayden, a partner in the well-known law firm of Hill, Rivkins, Carey, Loesburg, O'Brien, and Mulroy.
It could be clubbed "the new classic." The idea of creating a comfortable passenger vessel encompassing old world classic decor — as per the famed ocean liners of the early 20th Century - while instilling modern safety and mechanical requirements, as well as sophisticated amenities.
The vessel repair statute (Section 466 of the Tariff Act of 1930, 19 U.S.C. § 1466) requires the payment of a 50 percent ad valorem duty on the cost of foreign equipment purchased for, or expenses of repairs made to, U.S.-flag vessels in a foreign country.