News

Wheelhouse Weekly – April 27, 2001

April 27th 2001


THE MASTERS, MATES AND PILOTS’
WHEELHOUSE WEEKLY

Bridging the Information Gap With E-News You Can Use

Volume 5. . . . . Number 17. . . April 27, 2001

STORIES COVERED

ALSO



A FURTHER LOOK AT PROPOSED CHANGES TO THE MSP

Last week’s issue of the Wheelhouse Weekly contained an article relating to the Maritime Security Program and whether its existing priority system for US-owned companies should be retained when Congress considers legislation reauthorizing this important maritime policy initiative. (The MSP will expire on October 1, 2005, unless it is reauthorized by Congress.)

In this issue, we would like to begin to respond to the most common questions and comments we received, as well as to give you new info relating to the future of the Maritime Security Program.

As we discussed in the last issue, under current law, a “section 2 citizen” (an entity that is at least 51 percent owned by bona fide US citizens) operating vessels under the Maritime Security Program have what is referred to as a first tier priority for receiving operating agreements under the Maritime Security Program. It has been suggested by some that this priority system be eliminated so that a so-called “documentation citizen” — a US subsidiary of a foreign-owned corporation — would have the same eligibility rights under the Maritime Security Program and such subsidiaries would not have to charter their vessels through a “section 2 citizen”.

On April 25, 2001, the Seapower Subcommittee of the Senate Armed Services Committee heard testimony on a wide range of sealift related issues from General Charles “Tony” Robertson, Commander-in-Chief, US Transportation Command. In response to questions from Subcommittee Chairman Senator Jeff Sessions (R-AL), General Robertson expressed his support for the current US citizenship requirements contained in the Maritime Security Program and urged the maritime industry to reconcile any differences of opinion on this issue prior to Congressional consideration of MSP reauthorization legislation.

General Robertson also affirmed that he is a strong supporter of the Maritime Security Program as well as other proposals that help strengthen the health and vitality of the US-flag fleet. He suggested that Congress consider MSP reauthorization sooner rather than later.

In addition, Congressman Duncan Hunter (R-CA), Chairman of the House Merchant Marine Panel, stated on April 26, 2001, that he is “concerned about rumors that US citizenship requirements for [the Maritime Security Program] could be modified. I strongly believe that reauthorization of the MSP program must insure that current United States citizenship requirements continue to apply for operators of US-flagged, US-crewed commercial vessels… Such US-control requirements are critical to the continued viability of the MSP program and must be preserved.”

MM&P Wheelhouse Weekly


NOTE TO MEMBERS COVERED UNDER THE HEALTH & BENEFIT PLAN

The Plans Office would like to call your attention to the following error in the newest version of the Health & Benefit Summary Plan Description:


Page 21, Column 2, line 7 lists under the following are some of the exclusions under the Plan:

“aspirin, vitamins (INCLUDING pre-natal vitamins)…..”


This line should read:

“aspirin, vitamins (EXCLUDING pre-natal vitamins)…..”

The Plans Office apologizes for the inadvertant error. Pre-natal vitamins are covered under the Plan’s prescription drug benefit.


Reminder: Members can now Email the Plan office at the following addresses:

MM&P Wheelhouse Weekly


TROPICAL AND NATIONAL HURRICANE CENTER SERVICE INPUT NEEDED

As part of its strategic planning process, the Tropical Prediction Center/National Hurricane Center (TPC/NHC) would appreciate your candid feedback, preferably in bullet form, to the questions below. Please list your name and organization.

In thinking about the TPC/NHC products, services and overall abilities to meet your needs and expectations:

  1. What does the Center do that is in line with your expectations and meets your needs as a customer? (These are things with which you are pleased and you’d like to see continued.)
  2. How does the Center fall short of meeting your needs and expectations? What issues do you have about the Center’s service delivery?
  3. What suggestions do you have for improving our abilities to best meet your needs and expectations currently and into the future? (Please be specific.)
  4. Indicate your professional affiliation: a. Mariner; b. Emergency Manager; c. Meteorologist; d. Media; e. Other (specify)
  5. Should your responses be provided anonymously to TPC/NHC management? (Should your name and any contact information be deleted)? a. Yes; b. No.

Please Email your responses to: lchesneau@ncep.noaa.gov.

MM&P Wheelhouse Weekly


NAVY, WEATHER CHANNEL SIGN COOPERATION AGREEMENT

The Navy and The Weather Channel signed a memorandum of understanding in Atlanta last week that encourages professional collaboration between the two organizations.

The agreement is intended to foster cooperation between the two organizations and allow them to jointly examine new methods and technologies for producing and presenting forecasts. It allows The Weather Channel to use climate, weather, and ocean data produced by the Navy and made available in the public domain, including data generated by the Navy’s supercomputer at the Fleet Numerical Meteorology and Oceanography Center, Monterey, Calif. This computer is one of the world’s most sophisticated tools for global weather and ocean modeling, utilizing the largest existing real-time databases of oceanic and atmospheric observations.

The Weather Channel will also have access to the Navy’s Coastal Ocean/Atmosphere Mesoscale Prediction System. This system is used to predict changes in the ocean and weather conditions in the highly complex coastal areas of the world, a uniquely Navy operating environment. Such collaborations should benefit the advancement of the science of weather prediction for all mariners, ensuring the nation gets the greatest possible benefit from their investment in weather and oceanography.

MM&P Wheelhouse Weekly


CONSTRUCTION BEGINS ON SAN FRANCISCO LONE SAILOR MEMORIAL

The Lone Sailor Memorial will be dedicated this Veteran’s Day at the north end of the Golden Gate Bridge in honor of the men and women of the US Merchant Marine, US Coast Guard, US Marine Corps and US Navy. The $2 million memorial is one of the few in the nation to place the US Merchant Marine on the same level with other services.

Tax deductible donations can be made payable to the

U.S. Navy Memorial Foundation 3450 Sacramento Street, #531 San Francisco, CA 94118.

MM&P Wheelhouse Weekly


GENERAL DYNAMICS TO ACQUIRE NEWPORT NEWS SHIPBUILDING

Earlier this week, General Dynamics signed an agreement to acquire Newport News Shipbuilding. The transactions valued at approximately $2.6 billion, which includes the assumption of approximately $500 million of Newport News Shipbuilding debt.

Newport News is the nation’s sole supplier of aircraft carriers and is teamed with Electric Boat on the Navy’s only new submarine program. The deal faces regulatory approval from several government agencies including the Dept. of Defense.

The Pentagon is widely expected to clear the proposed merger eliminating prospects of any future competition between former rivals. Defense Department officials recognize the peculiarities of the situation faced by General Dynamics and Newport News Shipbuilding according to antitrust lawyers, industry consultants and Wall Street analysts. They noted that with only one major customer, the US military, and declining demand for nuclear subs, the fact is there is simply not enough business to go around.

MM&P Wheelhouse Weekly


MITAGS ACADEMIC NOTES

Openings in classes through the end of August follow
  • 5/14-18: TPIC, EINS, ROP
  • 5/21-25: DCS, FF-ADV, BST
  • 6/4-8: WX-HWA, BST
  • 6/11-15: COMP-MAR
  • 6/11-14: SMA
  • 6/16: ROR-1
  • 6/18-22: BST, COMP-NET, FF-ADV
  • 6/25-29: BST
  • 7/30: ROR-1
  • 7/30-8/3: BRM-3, COMP-OPSYS
  • 8/6-31: SMC
  • 8/6-10: SHS-BAS, ARPA, WX-HWA, COMP-APS
  • 8/13-17: BST, GMDSS, SHS-INT I, ECDIS
  • 8/13-16: SMA
  • 8/20-24: BST, SHS-INT II, ARPA, VPM, ROR-1
  • 8/27-31: FF-ADV, BRM-3
Classes Added

Additional BST class has been scheduled to convene on 8/13 and ARPAs have been added for 12/10 and 12/17.

Schedule through Dec. 2001 is being maintained on the website. Hard copy schedule updates are also provided to the halls. Check the MITAGS website at: www.mitags.org for up-to-date info. For additional course info, contact Mary Matlock at voice: 443-989-3226 or Email: admissions@mitags.org.

MM&P Wheelhouse Weekly


PNMI ACADEMIC NOTES

Course openings are as follows:

  • ARPA: 5/21-25; 5/28-6/1
  • BRM: 5/14-18; 5/21-23
  • ECDIS: 4/30-5/4
    • (Note: Currently the ECDIS course satisfies the EINS Requirements.)
  • GMDSS: 5/28-6/8

For more info on their new ECDIS Course or the PNMI, please visit their website at http://www.stcw95.com.

MM&P Wheelhouse Weekly


MM&P MARKET WATCH AS OF 4-26 CLOSE

 D O W

 N A S D A Q

 10,692.35

-1.36 for the week 

 2,034.88

 -147.26 for the week 

 Vanguard 500 Index Fund

 114.00

-1.75 for the week

 Vanguard Extended Market Index Fund 

23.30

-0.21 for the week

 Vanguard International Growth Fund

 17.27

-0.13  for the week

 Vanguard Morgan Growth Fund

 15.83

-0.31 for the week

 Vanguard Windsor II Fund

 27.68

+0.36 for the week

 Vanguard GNMA Fund

10.34 

+0.02 for the week

 Chase Growth Fund (CHASX)

15.92 

+0.12  for the week

 Fidelity Asset Manager (FASMX)

16.21

-0.03 for the week

 Fidelity Growth and Income (FGRIX)

 39.34

+0.29 for the week

Fidelity Magellan Fund (FAGX)

 112.66

-0.85 for the week

 Spartan US Equity Index Fund (FUSEX)

  43.76

 -0.68 for the week

MM&P Wheelhouse Weekly


The MM&P Wheelhouse Weekly is the official electronic newsletter of the International Organization of Masters, Mates, and Pilots, ILA, AFL-CIO, 700 Maritime Blvd., Linthicum Heights, MD 21090-1941. Phone: 410-850-8700; Fax: 410-850-0973; Email: iommp@bridgedeck.org. For further info contact John Peige at jpeige@bridgedeck.org. The Wheelhouse Weekly is sent via Email to MM&P-contracted vessels at sea, broadcast worldwide via FEC marine telex andis posted on our web page under “News” at: http://www.bridgedeck.org.

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