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!


163 ft boats ordered by Bordelon have significantly greater capacity than 145 ft sisters

March 11, 2005

Bordelon orders two at Bollinger

Bollinger Shipyards, Inc. and Bordelon Marine, Inc, both of Lockport La., have signed a contract for two Mega Mini Supply Boats. Contract terms were not disclosed.

In 2001 Bordelon Marine took delivery of three of the highly successful Bollinger 145-foot mini supply boats, which expanded the Bordelon fleet to six vessels.

Today Bordelon has once again taken the opportunity to grow its fleet by adding vessels that it views as the future for the production, support and standby requirements in the U.S. Gulf of Mexico.

The new vessels will be 163-feet long with a 36-feet beam and a depth of 11.5-feet.

Light draft is 5.4-feet and maximum draft is 9.7-feet.

Liquid mud capacity is 51,660 gallons, methanol capacity is 44,600 gallons and fuel oil capacity 57,200 gallons.

Deck cargo capacity will be 391.2 metric tons, utilizing a deck that will measure 110-feet x 30-feet.

The vessels are classed ABS Load Line, DP, USCG Sub Chapter L, OSV.

Production is underway at Bollinger's Lockport facility and delivery of the first vessel is planned for October 2005, with the second vessel following 45 days later.

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