TAX CONFERENCE

The recently enacted "American Jobs Creation Act" gives significant tax breaks to a number of U.S. industries--including shipping.

MARINE LOG and BLANK ROME will present a senior level seminar CHANGES IN U.S. TAXATION OF SHIPPING INCOME in Stamford, Conn. on April 5 & 6, 2004

Make sure you know how the new tax rules work!

February 03, 2005

PVA elects new leadership

Troy Manthey, Yacht Starship Dining Cruises, Tampa, FL, has been elected to serve a one- year term as President of the Passenger Vessel Association.

Also elected to one-year terms were Robin Trinko-Russell, Madeline Island Ferry Line, La Pointe, WI, as PVA Vice President, and Jonathan Claughton, River Street Riverboat Company, Savannah, GA as PVA Secretary-Treasurer.

Lorna Donatone, Spirit Cruises, Norfolk, VA, was elected to a three-year term on the PVA Board of Directors. The elections were held during the PVA Annual Convention at MariTrends 2005, in Tampa, FL.

Captain Troy Manthey is President and CEO, Yacht Starship Dining Cruises, a 180 ft., $8 million dining yacht located in Tampa, Florida.

His maritime career is extensive: He was Senior Vice President of Marine operations and General Manager for New Orleans Paddlewheels, Inc., where he also served as captain for the company's fleet of vessels. While there he employed 240 people and oversaw the timely construction of three large casino vessels at a cost of nearly $75 million. In addition, he served on the Great Lakes in Chicago with Premier Yachts, Inc. as Vice President of Marine Operations.

Captain Manthey holds a Captain's license from the United States Coast Guard as Master (inland) and 1st Class Pilot (Mississippi River--any gross tons). He has received two Meritorious Public Service Awards from the United States Coast Guard for his participation on the Quality Action Team for Passenger Egress and Lifesaving, and for his work on the Vessel Traffic Service (VTS) Committee. He is a past president and board member of the Maritime Navigation Safety Association and past chairman of the Port Safety Council in his native New Orleans. Captain Manthey also serves on the Board of Directors for the Tampa Bay Convention and Visitors Bureau, American Victory Mariners Memorial and Museum Ship, the Tampa Bay Dragon Boat Races, the Tampa Bay Propeller Club, Port of Tampa Maritime Association, and Downtown Tampa Attractions Association.

He served as the PVA Vice-President (2004), and as chairman of the PVA Membership Committee, which recently recruited its 604th PVA Member, the highest number of members in the association's history. Troy has been a member of the PVA Safety Committee since 1995, serving as chairman from 1997-1999 and vice-chair from 1995-1997. In 1999 the association honored him with their Outstanding Service Award and in 2003 with its Meritorious Service Award.

PVA Vice-President Robin Trinko-Russell is Vice President, Finance for Madeline Island Ferry Line, which operates passenger and car ferries between Bayfield, Wisconsin and Madeline Island on Lake Superior.

Madeline Island Ferry Line has four Sub Chapter T steel hulled ferries carrying from 10 to 25 cars and up to 149 passengers. The ferries transport vacationers to and from Madeline Island, along with residents, their vehicles, and the goods and materials needed to supply the Island community. Their water route is approximately 2.2 nautical miles in length, less than 25 minutes en-route. In addition, the company operates narrated bus tours on the Island.

Ms. Russell was most recently PVA Secretary-Treasurer (2004), is co-chair of the PVA Ferry Council, is a member of the PVA Investment Committee, which oversees the management of the investment portfolio, and is a member of the PVA Legislative Committee. She also is a past chair of the PVA Great Lakes Region. She has also held several officer positions for Great Lakes Passenger Boat Association.

She serves on the board of directors for the local domestic violence shelter, the (Madeline) Island Association, and chairs the Beck Foundation whose mission is to provide support for the public TV station (WDSE) in Duluth, Minnesota. She and her husband Gary Russell, live on Madeline Island and are active members of the community.

PVA Secretary-Treasurer, 2005, Captain Jonathan Claughton is the owner and operator of River Street Riverboat Company, Savannah, GA, which he founded in 1991. River Street Riverboat Company operates the 400-passenger Savannah River Queen and the 600-passenger Georgia Queen on the waters in and around Savannah. Jonathan also founded the River Street Ferry in 2000 to provide interim ferry service to the Georgia International Trade and Convention Center.

He is a partner in All in One Destinations Inc., which provides destination management, meeting services, and package vacations in Tennessee and Georgia.

Mr. Claughton's maritime experience began in the family business, Belle Carol Riverboat Company, Nashville, TN, where he served in various positions including Captain, Operations Manager, and Vice President. During his service, the company built the 250-passenger Nashville Showboat and 400-passenger Music City Queen. Jonathan was also employed as Captain on the 600-passenger Missouri River Queen owned by Kansas City Riverboat, and piloted the vessel on the Missouri and Mississippi Rivers. He holds a license from the U.S. Coast Guard as Master 500 Ton/Mate 1600 Ton (Inland) and Master of Towing Vessels upon Western Rivers and is on his fifth issue.

He is a past member of the Board of Directors of the Savannah Area Convention and Visitors Bureau, Savannah Hospitality and Travel Association, and the Savannah Waterfront Association.

Before being elected PVA Secretary-Treasurer, he served on the PVA Board of Directors, and is a member of the PVA Safety and Security Committee. He is past chair of the PVA Southeast Region and served as chairman of the Convention Committee for the 2000 PVA Annual Convention in Savannah.

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