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NORD YOUNG


OPA 90 for Inland Operators: The Exposure Is Larger Than the Barge
A tank barge on the Lower Mississippi carrying 30,000 barrels of product is, in insurance terms, a modest asset. The hull value is a fraction of a deepsea tanker. The crew is small. The trade is domestic and familiar. The pollution exposure attached to it is not modest, it is not limited to the value of the barge, and under a set of circumstances that are considerably easier to trigger than most operators assume, it is not limited at all. This article covers how the Oil Pollu
Richard Young
Sep 19 min read


Walking the Floor: A Preview of the International WorkBoat Show, December 2 to 4
The International WorkBoat Show returns to the Ernest N. Morial Convention Center in New Orleans December 2-4. More than 1,000 exhibitors, upwards of 13,000 attendees, and the one US trade event where the inland, harbor towing, and offshore support segments all show up in the same building. Nord Young will be there. Not exhibiting this year, just walking the floor. The conference program has not been fully published yet, so this is a preview of the exhibit floor rather than a
Richard Young
Aug 257 min read


TSMS or Coast Guard Option: Choosing Your Subchapter M Compliance Path
Every towing vessel subject to Subchapter M holds a Certificate of Inspection, and every COI was obtained through one of two routes. The Coast Guard issues the certificate either way. What differs is who verifies compliance, how often, and on whose schedule. Operators frequently treat this as a procedural detail settled once at the start of the phase-in and never revisited. It is not. The choice determines your annual cost structure, your exposure to scheduling risk, the amou
Richard Young
Aug 187 min read


Subchapter M: What Towing Operators Need to Know
Ten years after it took effect, Subchapter M is no longer a new regulation. It is the operating framework for the entire U.S. towing industry, and the phase-in that occupied everyone's attention between 2016 and 2022 is long finished. What has replaced it is a renewal cycle, and that cycle is producing a specific set of problems right now for operators who obtained their first Certificate of Inspection early. Requirements that were deferred for five years are coming due, and
Richard Young
Aug 68 min read
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