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Marine Log

March 17, 2006

Sanborn MARAD nomination on hold

Senator Bill Nelson (D. Fla.) has put a hold on the nomination of David Sanborn to the position of U.S. Maritime Administrator.

At the time of his nomination on January 14, Sanborn was serving as Director of Operations for Europe and Latin America at DP World.

Sanborn is a a 1973 graduate of the United States Merchant Marine Academy and a retired Lieutenant Junior Grade for the United States Naval Reserve.

Before taking the DP World job, he served as Senior Vice President for North America Service Delivery at CMA-CGM (America) LLC. He also served as Vice President for Network-Operations for American President Lines, Pte. Ltd. Earlier in his career, he served as Director for Operations for Sea-Land Service, Inc.

The plan to sell P&O--including its U.S. port operations--to DP World company was not made public until after a Senate hearing on Sanborn in early February.

A ccording to a statement on his website, Senator Nelson is now planning to block the nomination unless Sanborn returns to the Senate Commerce Committee for additional questioning regarding a possible conflict of interest.

An AP report on the story makes no mention of the possibility of a further hearing, but quotes Nelson spokesman Dan Shapiro as saying the senator would keep the hold on Sanborn until he knows for sure what arrangements DP World has made to dispose of the port operations.

"We want to wait and see how it's worked out and then we'll reconsider the nomination," Shapiro is quoted as saying.

While Senator Nelson has openly declared that he is putting a hold on the nomination, a number of other senators have also expressed reservations including Senator Barbara Boxer (D.-Calif.) and Senator John Kerry (D.-Mass

Two sponsons (side tanks) will be added and a new hangar deck and helideck installed. Work will commence immediately and delivery is expected to take place in 4Q2006.

The newly converted vessel will be the first seismic research vessel for BGP.

BGP has traditionally been a worldwide onshore, shallow water and transition zone seismic service provider. The converted vessel will help to launch its into offshore seismic survey operations.

"This is strategically a key project for BGP," says Jiang Geng, Senior VP BGP Offshore. "The newly converted vessel will support BGP's inroad into offshore seismic survey operations. We entrust this technically demanding ship conversion to ST Marine on the basis of their strong engineering capabilities, their track record in complex ship conversion projects and upgrading of seismic vessels. We have every confidence that ST Marine will be able to deliver a converted seismic research vessel to meet our operational requirements."

ST Marine President See Leong Teck says the company's experience in complex ship conversions positions it well to support BGP in the project.

"ST Marine was the first local shipyard to complete a dredger jumboization project here in Singapore," he says. "Our track record also includes the successful conversion of a cruise ferry to a naval training vessel. With our expertise and project management skills, we are confident that we will be able to deliver a quality seismic research vessel to support BGP's strategic directions."

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