NEWS & PRESS

The Solution for Vessel Owners with SUB M Problems
Friday, May 10, 2019

Inland Marine Service (IMS) and James Marine have teamed up to form a new joint venture, Mavericks Towboat Services, as announced today by Jeff James, President of James Marine and Dave Hammond, President of IMS. Clients of Mavericks will benefit from the strengths of both James Marine and Inland Marine Service. Together, the two companies have partnered to create Mavericks, offering vessel owners a complete solution to comply with all Sub Chapter M requirements by refurbishing/repairing the vessels to ensure they meet those standards, or replacing the vessel with a new construction program and assisting with the sale of the non-compliant vessels.   “Mavericks is a unique collaboration that offers our clients the best of our companies combined,” explained Jeff James. “We are able to consult one-on-one with each client to meet their needs individually. Some clients simply need advice on how to quickly and effectively meet Sub M requirements. Others may prefer to sell non-compliant vessels for us to maintain. Regardless of an owner’s specific needs, we are able to provide help along the way.”   “We are excited for our new partnership with James Marine. We’ve found that many vessel owners are struggling to find a simple solution to Sub M compliance issues. Mavericks was formed from a desire to help,” said Dave Hammond. “We saw a real need for someone to step in and offer guidance and assistance to those who are having difficulties. Inland Marine Service and James Marine are both family-owned companies -- we have listened to the needs of our clients and Mavericks is the result.”    4 Most Common SUB M Questions Among Vessel Owners 1)    Has our company determined which vessels in our fleet can be SUB M upgraded without being too cost prohibitive? 2)    Is it worth continuing to be in the maritime industry with the added costs associated with SUB M Compliance? (Hiring safety and compliance personnel, safety and compliance software, additional training costs, survey and audit costs, TPO costs, drydocking costs and many others) 3)    Is the “juice” worth the “squeeze”… Is it worth the money required to upgrade the vessels in our fleet? 4)    What options do I have?   4 Ways that Mavericks Can Help Working with Mavericks can help clients answer these questions in several ways: 1)    Consulting and Identifying the Problem Mavericks does the research to find what the shipyard costs will be to bring vessels into Sub M compliance. The company is then able to provide a suggested course of action that will be most beneficial to the client – bringing the vessels up to standard, selling the vessels, or a combination of both. 2)    Taking on Vessel Management Mavericks takes on the responsibility of managing and operating those vessels to reduce the stress and costs of recruiting, managing day-to-day vessel ops, training, safety, compliance and more. 3)    Assuming Liabilities Mavericks also takes on the burden of insurance liabilities of the crew and vessel fleet. 4)    Working alongside clients to plan for the future.  To be competitive and maintain a sustainable business, Mavericks believes that building new vessels to replace those that are beyond refurbishing status is a viable option for vessel owners. Mavericks works with companies to make this happen. Over time, owners will relieve their company of older assets that are not Sub M compliant and replace the vessels with newer ones that meet Sub M compliance.   About James Marine James Marine is one of the largest shipyard providers in the U.S. with facilities strategically located from Paducah, KY to New Orleans, LA.  Every day, their teams survey, audit, document, inspect, repair and refurb existing vessels. In addition, they have state of the art new construction and painting facilities. The James Marine team specializes in determining the cost of Sub M compliance for each and every vessel.  James Marine, Inc is recognized as a leader in the river industry for providing top quality, full-service repairs. Their teams of professionals are committed to setting the standard in innovation, safety & development, using green technology whenever possible. Their goal is to exceed customer expectation in production and turn-around time, always with the highest regards to safety.   About Inland Marine Service Inland Marine Service is one of the largest vessel management providers in the U.S.  Their shore-side teams specialize in relieving “pain points.”  The company’s many services include vessel management, planned maintenance, compliance management, harbor services, training, safety, and marine insurance. With highly trained and motivated marine crews, they enjoy a reputation for getting the job done safely, on time and within budget. With 30 years of experience on the river, they are committed to providing customers with secure, reliable, timely and cost effective solutions. IMS also offers first dollar insurance coverage, wherein, IMS assumes all liabilities associated with daily operations of each vessel. As an AWO approved marine management company, IMS is also proud to lead the industry in compliance excellence. IMS’s mariner-friendly compliance programs are immediate, approved and certified in the changing regulatory worlds of the Responsible Carrier Program, TMSA2, and SIRE.   For more information about Mavericks Towboat Solutions, visit www.maverickstbs.com For more information about James Marine, visit www.jamesmarine.com For more information about Inland Marine Service, Inc., visit www.inlandmarineservice.com  



 
 

Categories

  • News & Press
    • 10/07/2019 - Mavericks Towboat Solutions Ma
    • 09/24/2019 - Inland Marine Service Announce
    • 09/19/2019 - Inland Marine Service Announce
    • 05/31/2019 - Inland Marine Service Announce
    • 05/10/2019 - The Solution for Vessel Owners
    • 12/13/2017 - Marine News Interview with Pet
    • 07/06/2017 - IMS at the Gica Seminar: July
    • 07/05/2017 - Inland Marine Service Announce
    • 02/07/2017 - IMS Faced up to New Regulation
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    • 02/07/2017 - Eliminate the Fear of USCG Sub
 
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