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JUNE2014FOGHORN13REGuLATORyREPoRTaddessediiteatialcvetis.PVAbjectstuwaateditusisfiteatialulesitthedmesticU.S.passeevesselsect.GreatLakesandInlandVoyagesVlumeIIIclaifiesthatTheCastguaddestcsideSTCWtapplydiectlytpeselseviU.S.vesselspeatigeatLakestheiladwatesPVAveymuchsupptsthisstatemetiplicy.DomesticNear-CoastalVoyagesVlumeIIItesthattheCdefFedealreulatisi46CFrPat15statethatowesadpeatsadpeselsevithefllwismallvesselseaedexclusivelydmesticea-castalvyaesaeicmpliacewithsubpatKfthispatadaetheefetsubjecttfutheequie-metsfthepupsesftheSTCWCveti1SmallpasseevesselssubjecttsubchapteTKf46CFrchapteI.Passenger-CarryingBargesUnderTowThesectiftheVlumeIIIevisithatdealswiththesebaetwcmbiatissuffesfmattemptsteccilethemeecettwilicesecedetialeimewithlstadisafepasseevesselpeatisivlvipasseebaes.Webelievetheevisipvidescfusiicm-pleteuidacecceipassee-cayibaesudetwscuetlydual-pupsetwivesselstwivesselstdedicatedtasilebaeadpeatedlyasasileuitaepeatedbyasilelicesedpeat.TheVlumeIIIevisistatesthatthemastefacmbieduitwheethebaedesthaveamasteshallbepeatedbyalicesedmastehldiacedetialasmastefispectedself-ppelledvesselsfsufficietscpeadtheiapaetheticalcmmetseekstiveuidaceastowhatissufcientscopespecicallye.g.routeaggregatetaeToArfamiliaizati.ruteadToAraefeatuesfthetwiliceseeulatisaeatetaeistadfamiliaizatiisaeealexpecta-tieadlessfsevice.PVAiscceedthattheeisvaueessassciatedwiththetemsfthispaetheti-calphasethatculdadveselyaffectexistipeatstwhichthispvisimayapply.Thisvaueesswillmakeitdifcultorevenimpossibleformarinerstoattaintheap-ppiatecedetialstpeateidualmde.Itistcleaifthebjectiveistestablishewciteiafthissmewhatuiquepasseevesselpeatiadifshwwillcuetmaiestasititcmpliaceadwhatisthesustainableprocesstoinsurefuturequaliedmaies.PVAhasaskedfapptuitytmeetwithCastguadplicypeseladnatialMaitimeCeteepesetativestseekacleaplicybasedCastguadccesadethatwillisuethectiuedcapabilitytsustaieveeplicatethesepeatis.nLeMCMmgerrceccrgeMCMisaleadingindependentinsurancebrokeragebasedinthePacifcNorthwest.Ourmarinepracticegrouphasmorethan100yearsocombinedexperienceplacinginsuranceandmanagingthemarineindustrysuniquerisks.Whetherwereworkingwithvesseloperatorsbuildersrepairacilitiesorsupplierswecreatespecializedsolutionsthatmeeteachclientsneeds.EMpLoyEEBEnEfitsExECutivEBEnEfitsREtiREMEntpLansinsuRanCEadvisoRypRopERtyCasuaLtyContactDamonL.Nasmanat206262-6375oremaildamon.nasmanmcmnw.comwww.mcmnw.comALLOTHERFERRIESAREMISSINGONEVERYIMPORTANTPART.OURNAME.www.gladding-hearn.comPhotoBillyBlack