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MarineNews May 2014 Volume 25 Number 5 BY THE NUMBERS 8 The Offshore Industry Looking Back, Ahead and Under the Surface. INSIGHTS 12 Aaron C. Smith Executive Director, OSVDPA INSURANCE 22 No Such Thing as a Routine Grounding By Randy O’Neill REGULATORY REVIEW 26 Expanding Rules for Marine Ops BSEE implements the fi rst mandatory SEMS rule for oil and gas operators in the OCS.

By Lucas Lopez-Videla and Ronald White SHIPBUILDING 36 The OPC Sweepstakes Three companies compete for the USCG’s lucrative OPC contract.

By Susan Buchanan SHIP REPAIR 53 Streamlined Service for Offshore Signal’s ‘high blocking’ repair methods help to reduced repair times and increase shipyard effi ciencies.

By Joseph Keefe OFFSHORE RISK 58 The Science of Survivability An Improved Risk and Safety Assessment Process for the offshore oil & gas industry – and just in time.

By Joseph Keefe 36 53 26

CONTENTS

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