News

Wheelhouse Weekly – March 07, 2011

March 7th 2011

 

– Bridging the Information Gap With E-News You Can Use –

Volume 15 . . . . . Number 10. . . . March 7, 2011

STORIES COVERED

Did you miss a week? Back editions of the Wheelhouse Weekly are available in the section.


MARITIME UNIONS CALL ON U.S. TO MODIFY RULES OF ENGAGEMENT AND STAND UP FOR MARINERS WHO FIGHT BACK AGAINST PIRATES

The rules of engagement adopted by military authorities and the shipping industry “make piracy a relatively risk free and profitable venture.” At the same time, piracy has become “institutionalized” in Somalia as a way of life. The nation’s maritime unions made the remarks in response to a Coast Guard request for comment on its rules on the use of deadly force. They urged the agency to develop standard rules of engagement “that permit the use of deadly force by any means when the master, mariner, embarked personnel including security personnel, or individuals who use force, or authorize the use of force, reasonably believe the vessel or a mariner is being subjected to an act of piracy.”

The comments were submitted jointly by MM&P, the Marine Engineers’ Beneficial Association (MEBA), the American Maritime Officers (AMO), the Seafarers International Union (SIU), the Sailors’ Union of the Pacific (SUP) and the Marine Firemen’s Union (MFOW).

There are in fact serious inconsistencies between current Coast Guard rules and U.S. common law. Congress recognizes the danger mariners face from pirates on the high seas. Nearly 200 years ago, Congress authorized U.S. merchant ships and crews to use force to resist aggression by pirates. But the Coast Guard has advised mariners that their right to use deadly force in self defense is not as extensive as the right to use deadly force under common law in most U.S. jurisdictions.

U.S. common law recognizes that an individual “is not required to retreat when he is assailed in a place where he has a right to be.” A person may defend his domicile or his property to the extent of taking life. Although any American would be justified in using deadly force to protect his home or property, the Coast Guard’s Port Security Advisory (PSA) 3-09 advises that only non-deadly force should be used in defense of a vessel or property that the master and crew are authorized to protect.

“Of course, it is impossible for a mariner to retreat from attack when he is at sea,” the unions note. “Additionally, the vessel is the mariner’s domicile and contains all the property with which the mariner travels. The master is charged with the protection of both the vessel and a ship’s cargo–often valuable military and humanitarian aid owned by the U.S. government. Faced with these realities, mariners or embarked security forces must be able to use deadly force.”

The unions underlined an additional shortcoming of the Coast Guard’s current rule: it fails to address the use of deadly force when the mariner has a reasonable fear of being kidnapped. “This oversight is especially glaring given that many U.S. jurisdictions explicitly authorize the use of deadly force to prevent kidnapping,” the unions assert. Under PSA 3-09, mariners “would be expected to allow themselves to be kidnapped provided they would only be held prisoner and eventually ransomed back… This absurd result illustrates the need for stronger rules for self defense of ships on the high seas, rules that address the dangerous and harsh realities our members face every day,” the unions wrote.

Because pirates are now using military arms against merchant ships, maritime labor also argues that properly trained embarked private security personnel should be allowed to use military-type weapons not permitted for civilian ownership and use under U.S. law.  

The unions reiterated their position that the suppression of piracy is primarily a government responsibility. But given the current situation, characterized by the absence of a willingness of the military to provide such protection, ships are left with the need to rely on contracted private security teams. To attain some level of consistency and adherence to rules of engagement, the unions therefore recommend that the USCG establish a vetting process that reviews security teams’ training and qualifications.

The United States should also provide legal and diplomatic support to individuals alleged to have violated the rights of pirates. The unions assert that merely updating USCG guidance on the use of force is not enough to protect U.S. mariners and private security personnel from criminal or civil liability in foreign jurisdictions when they oppose and defend against piracy in accordance with U.S. law. They urged the United States to establish “a reaction procedure… to be implemented and coordinated by the relevant U.S. agencies in the event that a ship is detained by a port state after an incident.”   


DEMONSTRATIONS CONTINUE IN SUPPORT OF PUBLIC SECTOR WORKERS

Tens of thousands of people demonstrated in cities across the United States last week in support of public sector workers in Wisconsin, Ohio, Indiana, Washington and other states, where anti-labor governors and legislators are moving bills that would strip public sector workers of their collective bargaining rights.

Over 70,000 people were on the streets again in Madison, Wisconsin. A group of Democratic senators has left that state to block the legislature from passing anti-labor bills being pushed by Republican Gov. Scott Walker. “We agree that fiscally we need to do things differently,” said one of the Democratic senators, Lena Taylor. “We even agree that there are some places where we need to talk about how we negotiate. … But we refuse to accept that in the United States workers should be denied a voice at the table.
It’s not the American way and it’s surely not the Wisconsin way.”

In Ohio, more than 20,000 people turned out for a rally in Columbus as the legislature held hearings on Republican Gov. John Kasich’s bill, which goes further than the Wisconsin bills in that it would also deny bargaining rights to police officers and firefighters. Unlike the situation in Wisconsin, however, Democrats in Ohio don’t have the numbers to walk out and delay a vote.

Meanwhile, numerous studies, some of which are now being published in the mainstream media, show that public sector workers are not overcompensated and that their pensions are not out of line. “There is no evidence that public sector workers in Wisconsin have higher total compensation than their counterparts in the private sector,” writes Professor Tom Juravich in Bloomberg News. “It is true that a gross comparison shows many public sector workers earn more, but they are significantly better-educated than most workers in the private sector. When one compares Wisconsin public sector workers with their real counterparts… Wisconsin pays its public-sector workers 14.2 percent less than workers in the private sector.” What’s more, studies show that the median pension of a state worker in Wisconsin is under $23,000.

The Wisconsin Legislature itself released a report in January indicating the state originally expected a surplus of $124 million in June. After this information was publicized, Gov. Walker responded by granting $117 million in additional tax cuts to business. “Clearly it’s not the state pensioners at $23,000 a year who are the real problem in Wisconsin,” writes Juravich, a professor of labor studies at the University of Massachusetts-Amherst. 

Labor groups theorize that the anti-worker campaigns now erupting across the country are intended to destroy unions and underfund the public sector to the point that it truly becomes ineffective, thus “justifying” privatization on a massive scale of local and state government functions.

In Washington, D.C., meanwhile, the Federal Workers Alliance (FWA), of which MM&P is a member, issued a statement in support of embattled public sector workers. “The Federal Workers Alliance strongly supports our union brothers and sisters in Wisconsin as they fight to preserve their essential rights,” the message reads. “Public sector collective bargaining originated in Wisconsin and we have all benefited from the ability to come together with one voice to improve the lives of millions of working families. The FWA is proud to speak with one voice in solidarity with Wisconsin’s teachers, snowplow drivers, nurses, firefighters, police officers and others who serve the people of Wisconsin every day.”
 
A CBS-New York Times poll shows meanwhile that by a two-to-one majority, Americans are opposed to stripping public sector workers of their collective bargaining rights. Those surveyed also said they opposed (by 56 percent to 37 percent), cutting the pay or benefits of public employees to reduce deficits. A majority of respondents who have no union members living in their households opposed cuts in pay and benefits as well as taking away the collective bargaining rights of public employees. 
 
Given a list of options to reduce the deficit, 40 percent said they would increase taxes, 22 percent chose decreasing the benefits of public employees, 20 percent said they would cut financing for roads and 3 percent said they would cut financing for education.

On a side note, a recent poll of Wisconsin voters shows 48 percent want to recall Gov. Walker. The results of the poll agree with those of another poll released last week, which shows that if Wisconsin voters could vote over today, they would support defeated Democratic nominee Tom Barrett over Walker by a 52-45 margin.


MEMBERS OF MM&P PACIFIC MARITIME REGION APPROVE DUES INCREASE BALLOT

The results are in! The members of MM&P’s Pacific Maritime Region (PMR) have approved the dues increase ballot. The votes were counted on March 3 in the presence of MM&P members William Wilson (Washington State Ferries) and Richard Ackroyd (Shaver Transportation). The ballot count was overseen and certified by TrueBallot Election Services and Solutions, an independent balloting agency. Of the 49 percent of PMR members who voted, 55 percent cast their ballots in favor of the dues increase.

“The United Inland Group’s support for a dues increase during these challenging economic times demonstrates that our members are well aware of the gravity of the ongoing attacks against organized labor in general and MM&P in particular,” said MM&P International Secretary-Treasurer Don Marcus.

“This vote goes a long way towards protecting the interests of our members who work for Washington State Ferries and on San Francisco Bay, and furthering the long-term goals of our Inland membership on the West Coast,” said UIG Vice President Mike Murray. “I want to thank each and every one of the members for their support on this important initiative.”


AFL-CIO TRANSPORTATION TRADES DEPARTMENT CALLS FOR STRONG MARITIME POLICY

The AFL-CIO Transportation Trades Department (TTD) and its affiliated maritime unions, including MM&P, have unanimously adopted a maritime policy statement that reaffirms organized labor’s support for the programs and policies important to the U.S. maritime industry and to American maritime jobs. The statement was adopted at the TTD’s March 3 Executive Board meeting, attended by MM&P International President Tim Brown and Atlantic Ports Vice President Steve Werse.

The statement, which will be posted in its entirety on www.bridgedeck.org, attacks politicians and others who seek to advance their own narrow interests by calling for the weakening or repeal of the Jones Act. “The Jones Act serves a critical economic role, sustaining over 500,000 good-paying American jobs and generating $100 billion in total annual economic output,” the TTD said. “Eliminating maritime cabotage requirements would result in the loss of hundreds of thousands of American jobs–further eroding the U.S. Merchant Marine–so foreign entities that do not employ U.S. workers or pay taxes to our Treasury could operate with impunity on our inland waterways and along our coasts.”

The TTD policy statement also reaffirmed support for the full enforcement of U.S.-flag cargo preference shipping requirements and called on Congress to restore funding for vitally important international food aid programs.

Finally, the TTD called on Congress to fully fund the Maritime Security Program, saying that the “failure to fund MSP could endanger our military’s access to vital supplies and imperil the U.S.-flag industry.”

MM&P International President Tim Brown thanked TTD staff and affiliates for once again recognizing the important contributions that a strong U.S.-flag merchant marine makes to our nation’s economic and military security. “It’s an unfortunate sign of the times that as our nation is engaged in wars on many fronts, and we strive to preserve and create jobs for Americans, there are still those who would sacrifice our nation’s security, jeopardize American troops and throw Americans out of work simply to achieve narrow economic and political gains for themselves,” he said. “We look forward to working with TTD President Ed Wytkind and his staff to ensure that America has the strong maritime industry it needs and deserves.”


DEPARTMENT OF ENERGY AGREES TO COMPLY WITH CARGO PREFERENCE LAW

A longstanding dispute between the Department of Energy (DOE) and the Department of Transportation (DOT) over the application of U.S.-flag shipping requirements to commodities purchased through U.S. taxpayer-supported DOE loan guarantees has been largely resolved in favor of the U.S.-flag shipping industry.

Thanks to the tireless efforts of DOT Secretary Ray LaHood, Maritime Administrator David Matsuda and their staffs, DOE has agreed to apply the cargo preference law to such shipments for all future purchases under its loan guarantee program. DOE had argued that the application of the U.S.-flag shipping law to commodities purchased under the loan guarantee program was unclear, a position vigorously opposed by DOT, MARAD and our industry. 

MM&P International President Tim Brown thanked LaHood and Matsuda on behalf of MM&P members for fighting to ensure that the law is enforced. “Taxpayer dollars should be used to the fullest extent possible to support American maritime jobs,” Brown said. “In the current economic context, in particular, it is essential that they not be used in such a way as to encourage outsourcing of American jobs to the benefit of foreign maritime workers.”


MM&P MEMBER OFFERS ADVICE TO YOUNG CIVMARS

Going to sea immediately after graduating gives young mariners an opportunity to exercise a level of responsibility that few other careers can match. “Getting to sea sooner rather than later will create a better set of options for you,” says USNS RICHARD E. BYRD First Officer Sarah Daleo, a member of MM&P’s Federal Employee Membership Group (FEMG). “Try sailing on your license as soon as you graduate, even if you’re not sure it’s the career path you want to pursue,” she says. “There are few jobs that give you as much responsibility so early in your career.” Daleo was quoted on the topic in a recent edition of the Military Sealift (MSC) magazine, “Sealift.”  


MM&P JOINS WITH OTHER MARITIME UNIONS TO DEMAND STRONG ACTION ON PIRACY

MM&P has joined with other maritime organizations worldwide to raise awareness of the human and economic cost of Somali piracy and to demand strong action from governments. The group, which includes other U.S. maritime unions, international shipping organizations and the International Transport Workers Federation, has placed advertisements in leading publications and set up a website which allows citizens to send messages to their elected leaders urging strong action. In an official statement that coincided with the launch of the campaign, called “Save Our Seafarers,” the group called on governments to invest the resources needed to eradicate piracy.

“We need committed action now,” said a spokesman for the group, who asked governments around the globe to move in six areas: reducing the effectiveness of mother-ships; authorizing naval forces to hold pirates and deliver them for prosecution and punishment; fully criminalizing all acts of piracy and intent to commit piracy under national laws; increasing naval assets available in the affected areas; providing greater protection and support for seafarers; tracing and criminalizing the organizers and financiers behind the criminal networks.

Please go to www.saveourseafarers.com to sign a letter to your elected officials urging them to take strong action against pirates today.


PIRATES KIDNAP DANISH FAMILY

Somali pirates in the Indian Ocean last week captured seven Danish citizens, including three teenagers. A report in a Norwegian daily newspaper said the pirates had taken the Danish hostages to the Somali coast in their sailboat and then moved them to a larger pirate ship with many other hostages on board. The paper reported that the pirates first anchored in the Hafun peninsula in the Bari region of Somalia, before moving the hostages about 20 km south, to Bandar Beyla.

The pirates have threatened to kill the family if any attempt is made to rescue them. The seven Danes — including three children aged 12 to 16 –were sailing in the Indian Ocean when their sailboat was boarded. The family’s blog entries prior to the attack showed they were aware that the Indian Ocean is infested with pirates. The family had assured relatives that they were taking precautions to avoid being captured.


MV IZUMI AND 20-MAN CREW RELEASED

The Panama-flagged, Japanese-owned MV IZUMI, which was hijacked in October of last year, arrived in the port of Mombasa on March 1. The authorities said the members of the crew were “traumatized but in good health.”  The bulk carrier had been seized en route from Japan to Mombasa. The ship has been used by the Somalis for several months to carry out attacks against other merchant vessels.

ack to Stories Covered


RUSSIAN SEAFARERS CALL ON DIMITRY MEDVEDEV TO PUSH FOR MULTINATIONAL ANTI-PIRACY FORCE

The Seafarers’ Union of Russia has asked Russia’s President to prepare a United Nations’ Security Council resolution calling for creation of a multinational naval force to fight back against Somali pirates. Igor Pavlov, president of the Seafarers’ Union, said multinational forces should establish a naval blockade around Somalia, so that any vessel leaving Somali international waters would have to undergo a search or be turned back. A missing Russian engineer, Vladimir Isaykin, is presumed to have been killed in the hijacking earlier this year of the BELUGA NOMINATION. 


MADAGASCAR CAPTURES 12 PIRATES

Authorities in Madagascar say they have detained 12 Somalis who were traveling on the hijacked MV ZULFECAR. The ship was taken by Madagascar after it ran out of fuel. It had been hijacked in November of last year while travelling from the Comoros Islands towards Tanzania in the Indian Ocean. Twenty-one hostages found aboard the vessel are reportedly uninjured.


MM&P SOLICITING QUALIFIED PENSIONERS FOR POSSIBLE JOBS ON LMSRS

The union is soliciting interested pensioners for possible job opportunities on MM&P-contracted ships in the government fleet. Mariners who fill these jobs must meet Military Sealift Command training and security clearance requirements. If you would be interested in these jobs, please contact your area MM&P Vice President or Sue Bourcq at the MM&P New Orleans Hall.


DEADLINES FOR SUBMITTING MM&P MEMBERSHIP DOCUMENTS

If you are planning to submit documentation supporting your membership application for consideration by the MM&P General Executive Board (GEB), please keep in mind that the documents must be received at MM&P headquarters seven calendar days before the GEB meeting. The 2011 schedule of meetings is as follows: July 19-20, Sept. 7-8 and Dec. 6-7.


MM&P INTERNATIONAL SECRETARY-TREASURER AT THIS WEEK’S OFFSHORE MEMBERSHIP MEETINGS ON WEST COAST

All members are encouraged to attend this week’s meetings of the MM&P Offshore Membership Group, at which Pacific Ports Vice President Dave Boatner and MM&P International Secretary-Treasurer Don Marcus will present reports:

— Oakland Hall, Tuesday, March 8, after the noon job call;
— Los Angeles Hall, Wednesday, March 9, after the noon job call;
— Seattle Hall, Thursday, March 10, after the noon job call.


CAMM ANNUAL GENERAL MEETING APRIL 27-29 AT MITAGS

The Council of American Master Mariners (CAMM) will hold its Annual Meeting and Professional Development Conference April 27-29 at MITAGS. The topic of the conference is “The Master and the Burden of Regulations.” Congressman Elijah E. Cummings (D-Md.), ranking member of the Subcommittee on Coast Guard and Maritime Transportation, will be the keynote speaker. Among the other speakers will be MM&P Pilots Group Vice President George Quick. To find out more and to register, go to http://www.mastermariner.org.


UPCOMING UNITED INLAND GROUP-PACIFIC MARITIME REGION MEETINGS

The following dates, times and locations have been selected for UIG-PMR meetings in the Puget Sound region for the first half of 2011.

Tuesday, March 15 – Poulsbo (site TBD): 1000-1200 and 1800-2000

Monday, April 11 – Edmonds Office: 1400-1600

Tuesday, May 10 – Anacortes (site TBD: 1000-1200 and 1500-1700)

Thursday, June 9 – Edmonds Office: 1000-1200


SCHEDULE FOR NEW HORIZON LINES MEDICAL REFRESHER COURSE

MITAGS has developed a new five-day medical refresher course for members who have already completed the STCW-95 Medical Person-in-Charge course (MED-PIC).  The new course meets Horizon Lines five-year medical refresher training requirements for chief mates and masters. It will be offered at MITAGS Sept. 12-16 and Nov. 14-18. The course will be offered at PMI beginning in 2012. Please contact the MITAGS Admissions office for more details: 866-656-5568 or e-mail admissions@mitags.org.  The course is open to any member who has completed MED-PIC in the past five years.


SCHEDULE FOR 2011 D-BOOK MEMBERSHIP COURSE

The Offshore Division Orientation Course, formerly called the D-Book Membership Course, will be held at regular intervals throughout 2011.

The schedule is as follows (but please note that course dates may change depending on the number of participants who sign up): March 9 and 11 in Los Angeles/Long Beach; April 1-2, June 10-11 and Oct. 21-22 at MM&P headquarters in Linthicum Heights; Oct. 13-14 in Los Angeles/Long Beach; and Nov. 8-9 in New Orleans.

There is no sea-time requirement to take the course. All Offshore applicants, potential transferees from other membership groups and other interested Offshore members are urged to attend.

If you want to attend the course, please RSVP to the local hiring hall where the class is offered or, in the case of a course planned for headquarters, to Lars Turner at lturner@bridgedeck.org.


MITAGS ACADEMIC NOTES

Between now and the end of March 2011, the following courses are scheduled at MITAGS.  For class availability or information on MITAGS courses and programs, contact Kelly Michielli, Admissions Coordinator, toll free at 866-656-5568 or e-mail: admissions@mitags.org.

AZIPOD-3 day – Azipod Propulsion System: 3/15

[CMM – Chief Mate and Master Courses]
CMM-ADVWX � Advanced Meteorology: 3/21
CMM-MPP � Marine Propulsion Plants: 3/28
CMM-SHS-ADV-I � Advanced Shiphandling (week 1): 3/14, 3/28
CMM-SHS-ADV-I I � Advanced Shiphandling (week 2): 3/21
CMM-VPEN � Voyage Planning and Electronic Navigation: 3/14

CONT PLNG � Contingency Planning: 3/17

ENAV � Electronic Navigation: 3/21
ENVIRO-Regs Permit � Environmental Regulations Permit: 3/15

FSM � Fatique, Sleep and Medications for Pilots: 3/18

LAP CMM � License Advancement Program of Upgrade to Chief Mate/Master: 3/28

LEG – Legal Aspects of Pilotage: 3/2

MCL – Management, Communications and Leadership: 3/21
MED-PIC – Medical Person In Charge: 3/21
MED-PRO – Medical Care Provider: 3/21
MED-DOT-DA – Dept. of Transportation Drug & Alcohol Testing: 3/26

MSC -SMA � Military Sealift Command Small Arms Qualification: 3/14

ROR-1 – Radar Observer Renewal Evening Classes: 3/9, 3/30
ROR-1 – Radar Observer Renewal Day Class: 3/14

SEC-VCF � Security Officer, Vessel, Company & Facility: 3/14

WX BAS � Basic Meteorology: 3/28

…remember: If you can’t make the class, make the call.  Be courteous, don’t be a “no show.”

Check the MITAGS website at www.mitags.org for course descriptions associated with the course title abbreviations, and schedule revisions. For class availability or info on MITAGS courses and programs, contact admissions toll-free at 866-656-5568 or e-mail: admissions@mitags.org


PMI ACADEMIC NOTES

Schedule of Courses – Please also see our schedule online at www.mates.org

For registration, call our registrar, Jennifer Pitzen, at (206) 838-1126

March 2011

8-11    ARPA
14-18  ECDIS
21-1   Celestial Navigation
21-23  Fast Rescue Boat
28th   Radar Renewal

April 2011

4-15     GMDSS
11-13   Security VCF
11-15   Basic Stability
18-22  Medical Care Provider
23rd    Medical DOT
18-29  Medical Person-in-Charge
25th    Radar Renewal
25-29  Basic Meteorology

May 2011

2-13    Basic Watchkeeping
16th    Radar Renewal
16-20  Medical Care Provider
16-27  Medical Person-In-Charge
17-18   Environmental Regulations/VGP
21st     Medical DOT
23-25  Fast Rescue Boat
23-27  ECDIS
23-27  Management, Communication, and Leadership
25th    Flashing Light

June 2011

2-3      Vessel Security Officer
6-24    Terrestrial and Coastal Navigation
13-24  GMDSS
20-22 Fast Rescue Boat
20-24 ECDIS
27-29  Emergency Procedures
30-1    Search and Rescue


MM&P MARKET WATCH AS OF 3-4-11

D O W N A S D A Q S & P 500
12,169.88 2,784.67 1,321.15
Fund Name & Trading Symbol
 Closing
Price
 Vanguard Asset Allocation Fund (VAARX)
57.14
 Vanguard 500 Index Fund (VFINX)
122.06
 Vanguard Extended Market Index Fund (VEXMX)
43.89
 Vanguard International Growth Fund (VWIGX)
19.90
 Vanguard Morgan Growth Fund (VMRGX)
19.07
 Vanguard Windsor II Fund (VWNFX)
27.19
 Vanguard GNMA Fund (VFIIX)
10.72
 Vanguard Growth Index Fund (VIGRX)
33.01
 Vanguard High Yield Corporate (VWEHX)
5.82
 Vanguard LifeStrategy Conservative Growth (VSCGX)
16.74
 Vanguard LifeStrategy Growth Fund (VASGX)
22.97
 Vanguard LifeStrategy Income Fund (VASIX)
14.24
 Vanguard LifeStrategy Moderate Growth (VSMGX)
20.19
 Vanguard Target Retirement 2005 (VTOVX)
11.96
 Vanguard Target Retirement 2015 (VTXVX)
12.79
 Vanguard Target Retirement 2025 (VTTVX)
13.09
 Vanguard Target Retirement 2035 (VTTHX)
13.68
 Vanguard Target Retirement 2045 (VTIVX)
14.11
 Vanguard Total Bond Index (VBMFX)
10.55
 Vanguard Total Stock Market Index Fund (VTSMX)
33.30
 Chase Growth Fund (CHASX)
18.50
 Fidelity Asset Manager (FASMX)
15.89
 Fidelity Growth and Income (FGRIX)
19.17
 Fidelity Intermediate bond Fund (FTHRX)
10.57
 Fidelity Magellan Fund (FMAGX)
76.15
 Fidelity Value Fund (FDVLX)
72.86
 Fidelity Equity-Income II Fund (FEQTX)
19.24
 Fidelity Blue Chip Growth Fund (FBGRX)
47.78
 Fidelity Diversified International Fund (FDIVX)
31.60
 Fidelity Dividend Growth Fund (FDGFX)
30.11
 Fidelity Freedom Income (FFFAX)
11.46
 Fidelity Freedom 2000 (FFFBX)
12.16
 Fidelity Freedom 2010 (FFFCX)
14.01
 Fidelity Freedom 2020 (FFFDX)
14.29
 Fidelity Freedom 2030 (FFFEX)
14.35
 Fidelity Freedom 2040 (FFFFX)
8.38
 Fidelity Freedom 2050 (FFFHX)
9.84
 Fidelity Total Bond Fund (FTBFX)
10.76
 Spartan Extended market Index Fund (FSEMX)
40.39
 Spartan US Equity Index Fund (FUSEX)
46.89
 Domini Social Equity Fund (DSEFX)
31.40



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. Suite B, Linthicum Heights, MD 21090-1953. Phone: 410-850-8700; Fax: 410-850-0973; Email: iommp@bridgedeck.org. For further info or to subscribe contact Lisa Rosenthal at lrosenthal@bridgedeck.org. The Wheelhouse Weekly is sent via Email to MM&P-contracted vessels at sea and is posted on our web page.

© 2011, International Organization of Masters, Mates & Pilots. All the material contained in this publication is protected by copyright. For permission to reprint text from the Weekly, contact the MM&P Communications Department: lrosenthal@bridgedeck.org. For changes of address, contact Lisa Rosenthal at lrosenthal@bridgedeck.org.