Page 2: of Marine News Magazine (October 2012)

CONTENTSMarineNews October 2012  Volume 23 Number 10 INSIGHTS10 Gary Faber President and COO, Foss Maritime. INSURANCE22 Civil Suits Can Sink a Professional Mariner?s Assets A primer on what can happen when mariners are named in civil law suits. By Randy O?Neill COMPLIANCE 24 Compliance Will Cost You New Regulations for Inspected Vessels will cost you money. We tell you how much $. By Gary English SALVAGE 30 R.M.S. Titanic?s Positive Impact on the Law of Salvage Conveyed Salvage Award comes with important strings attached. By Frederick B. Goldsmith THE OPC RACE34 Vigor is ?In it to Win it? Vigor Shipyards brings a unique entry into the SCG Offshore Patrol Cutter (OPC) Competition. By Joseph Keefe GULF OF MEXICO 40 GOM Bene ts From Offshore Uptick GOM trends crystallized in 2012 and optimism grew with offshore-oil lease sales. By Susan Buchanan 24163434October 20122 MNMNOct2012 Layout 1-17.indd 2MNOct2012 Layout 1-17.indd 210/2/2012 9:26:26 AM10/2/2012 9:26:26 AM