Private Law 87–516

That notwithstanding

Barbara, Ivalee and other vessels.

Use in coastwise trade.

49 Stat. 442.

the provisions of section 4132 of the Revised Statutes of the United States, as amended (46 U.S.C. 11), and section 27 of the Merchant Marine Act, 1920, as amended (46 U.S.C. 883), the vessels now known as (1) the oil screw tug “Barbara”, formerly documented under United States registry with official number 254901, built in 1948 at Tampa, Florida, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred in 1957 to Standard Dredging de Venezuela, C.A., a subsidiary Venezuelan corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3260, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, (2) the oil screw tug “Ivalee”, formerly documented under United States registry with official number 293505, built in 1940 at New Orleans, Louisiana, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred to Standard Dredging de Venezuela, C.A., a subsidiary Venezuelan corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3261, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, (3) the oil screw tug “Lydia”, formerly documented under United States registry with official number 240C60, built in 1941 at New Orleans, Louisiana, formerly owned by Standard Dredging Corporation, transferred to Standard Dredging de Venezuela, C.A., a Venezuelan subsidiary corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3262, and be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, (4) the oil screw tug “Alice”, built at New Orleans, Louisiana, by the Equitable Equipment Company, Incorporated, never documented under United States flag and registry, sold in 1957 to Standard Dredging de Venezuela, C.A., a Venezuelan corporation, documented under Venezuelan flag and registry, and to be transferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act. (5) the barge “Number 220”, formerly documented under United States registry with official number 264953, built in 1949 at Tampa, Florida, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred to Standard Dredging de Venezuela. C.A., a subsidiary Venezuelan corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3263, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, (6) the barge “Florida , formerly documented under United States registry with official number 254043, built in 1932 at Mobile, Alabama, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred to Standard Dredging de Venezuela, C.A., a subsidiary Venezuelan corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3264, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, (7) the barge “DB 8”, formerly documented under United States registry with official number 265934, built in 1943 at Galveston, Texas, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred to Standard Dredging de Venezuela, C.A., a subsidiary Venezuelan corporation and to Venezuelan registry and flag by permission of transfer order numbered MA–3265, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, and (8) the barge “Number 235”, formerly documented under United States registry with official number 262984, built in 1950 at Mobile, Alabama, formerly owned by Standard Dredging Corporation, a New Jersey corporation, transferred to Standard Dredging de Venezuela, C.A., a subsidiary Venezuelan corporation, and to Venezuelan registry and flag by permission of transfer order numbered MA–3266, and to be retransferred to Standard Dredging Corporation, a New Jersey corporation, upon enactment of this Act, shall be admitted to American registry and shall be entitled to engage in the coastwise trade, but only as an incident to dredging operations, and to transport passengers and merchandise, as an incident to dredging operations, between points in the United States, including districts, territories, and possessions thereof embraced within the coastwise laws, for so long as such vessels or any of them are, from the date of enactment of this Act and upon completion of the transfer or retransfer of ownership of said vessels to Standard Dredging Corporation, a New Jersey corporation, continuously owned by Standard Dredging Corporation, a New Jersey corporation, and so long as such corporation is a citizen of the United

41 Stat. 1008.

46 USC 802.

States as defined in section 2 of the Shipping Act, 1916. If any such vessel, while documented pursuant to this Act, transports merchandise or passengers in the coastwise trade except as an incident to dredging operations, such vessel shall be forfeited to the United States, such merchandise shall be forfeited to the United States, and the vessel owner shall be subject to a penalty of $200 for each such passenger transported. Any penalty or forfeiture incurred under the previsions of this Act may be remitted or mitigated by the Secretary of the Treasury in accordance with the provisions of section 5294 of the Revised Statutes (46 U.S.C. 7).