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
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