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[email protected] to the print or electronic edition of MarineNews at www.marinelink.com/renewsubscr/Renew04/subscribe.html or e-mail Kathleen Hickey at [email protected] DAILY NEWS via E-MAIL Twice every business day we provide breaking news, tailored to your speciÞ cation, delivered FREE directly to your e-mail. To subscribe visit http://maritimetoday.com/login.aspx POST & SEARCH JOBSJob listings are updated daily and help match employers with qualiÞ ed employees. Post a position or keep abreast of new employment opportunities at http://www.maritimejobs.com ADVERTISE MN offers a number of print and electronic advertising packages. To see our editorial calendar and advertising rates, visit www.marinelink.com/AdvRates/Rates.asp Online Resources Joseph Keefe, Editor, [email protected] EDITOR?S NOTEOn the domestic waterfront, the past twelve months have been nothing short of eventful. A withering drought, a hurricane and at the same time, the legislative mess inside the Beltway have all taken their collective toll on (your) bottom line. In this edition, we look back at the year in review and look forward to the leadership that will shape what is to come next. With the New Year looming large in the porthole, a little help from MarineNews will therefore come in handy. Inside the Beltway, federal action is affecting the way we do business; in more ways than one. That?s to be expected. Without a doubt, our Subchapter M update and analysis promises to be the most comprehensive and valuable primer that you will ever read on this impending, game- changing rule. As issuance of the  nal rule approaches, we believe that this standard will be the most far reaching event for domestic inland transportation in the last half century. David English explains why, starting on page 24. Elsewhere and as the U.S. Coast Guard continues its massive recapitalization efforts, the need to replace its aging  eet of medium endurance cutters now comes to the head of the line. A raft of shipyards will compete to produce as many as 25 of the so-called Offshore Patrol Cutters (OPC). In the thick of the  ght will be Vigor Shipyards and their bold, Ulstein X-Bow inspired entry. Vigor?s choice of design and partners will, if selected, arguably change the way we think about what a Coast Guard cutter should look like, and more importantly, why. Keeping the white hot spotlight on the regulatory and legislative climate that has so much impact on our business plans, our Washington coverage continues with PVA and WCI input on today?s regulatory burdens. In a year when the inland bulk transportation sector  nds itself literally aground in the nation?s heartland, there are few issues more critical then health of the nation?s waterways. Indeed, WCI Chairman and Kirby Corporation Executive Matt Woodruff?s Legislative Report from inside the Beltway puts the exclamation point on ongoing efforts to adequately fund the nation?s inland infrastructure. Finally, and in an edition focusing in part on maritime leadership, you shouldn?t be surprised to  nd out that our most valuable leaders emanate from business itself. A number of years ago, Foss Maritime and Gary Faber rolled out environmentally sound policies and tonnage even when they knew the payback was likely to be a long time in coming. Faber?s dialogue in our regular INSIGHTS slot arguably provides the ideal template for those who wish to follow in his inviting wake. Faber looks back, ahead and outlines two kinds of ?green? hatched from the same egg. Apparently, regulatory compliance, environmental stewardship and  nancial success can all go hand in hand. As we prepare to exit a particularly challenging twelve months for marine businesses everywhere, that?s something you can take to the bank for the year to come. 6 MNOctober 2012MNOct2012 Layout 1-17.indd 6MNOct2012 Layout 1-17.indd 610/2/2012 9:30:18 AM10/2/2012 9:30:18 AM