Regarding the vessel’s shipyard work
The expected return date for M/V Race Point was originally April 1. We are waiting on a sign-off from the Coast Guard as part of their normal process to approve major refits and projects to registered vessels like Race Point. This was due to the fact that after 35 years of service it was time to replace all five engines. With all the engines out of the boat, the Coast Guard performed extensive hull testing resulting in more steel that had to be removed and replaced than normal.
In addition, we unexpectedly had to replace certain fuel, coolant, and hydraulic lines. Each engine required drawings for foundation, cooling, exhaust, and electrical. All drawings require review and stamped approval by the Coast Guard MSC in Washington. Many of the drawings required revisions and updates as the job progressed, new issues were found and resolved, and the Coast Guard made comments that had to be addressed.
This has been a $1.3mm project with a 65% covered by a grant from the Volkswagen Mitigation Trust that we were able to obtain. Ferry management is in constant touch with Coast Guard officials who are being responsive and understand the importance of Race Point to our operations. We are looking to have M/V Race Point back in the next few weeks. This has been a long and difficult process, but one where we’ve used the Volkswagen grant to get badly needed work done while limiting our own expense in a material way. There will be long-term benefits and we appreciate everyone’s patience.
Fishers Island Ferry District