Page 6: of Maritime Reporter Magazine (January 2004)

Editor's Note

It's the first of the year, which means the universe of prognosticators are in full bloom, weaving together new insights, analysis and predictions. Though I depend mightily on the power of numbers to help keep abreast of an ever-changing industry, I am becoming ever more wary of the "statistic." Perhaps more accurately, I am particularly skeptical of the proliferation of too many sources for official statistics, as a seeming flood of data and information serves to cloud rather than clarify.

Increasingly, I find myself — both personally and professionally — falling back to tried and trusted sources of information, eschewing the urge to contin- ually ride on the hottest fad. This is not a general condemnation of everything new; far from it. Rather, it is a far more selective approach to information assimilation and use.

When John J. O'Malley started Maritime Reporter & Engineering News (then known as Maritime Activity Reports) 65 years ago in 1939, "Timely News

Condensed for the Executive" was the simple tagline that accompanied each edition. While the world has certainly changed from 1939 to 2004, I do believe that this simple mission remains the same today. Through the pages of

Maritime Reporter & Engineering Neivs, sister publications MarineNews and the recently launched Maritime Security Sourcebook, as well as our family of

Electronic information products that include MaritimeToday and The

Shipbuilding Report {www.shipbuilding.com), the entire staff here aspires to bring to you ... on a daily, weekly and monthly basis ... fresh information, insight, analysis, data and yes, even statistics, that are designed to inform, enter- tain and ultimately, help you run your maritime business more effectively.

As we celebrate our 65th year, I invite you to share with us your personal and professional stories that have made this industry, and this publication, such a unique success.

On the Cover

On the Cover: The Auto Express 86 for Canadian

American Transportation Systems (CATS) rolling out of one of Austal's building halls in preparation for launch. Inset Photo: GE's 7FDM diesel engine. 17 Maritime Security 20 Australia 24 Design: Ferry Interiors 38 GE Makes a Strong Push 40 Q&A with Hapag-Lloyd 43 Marine Propulsion Directory 47 Simrad Co-Founder Dies 52 AIS Buyer's Guide 53 Buyer's Directory 56 Ad Index 57 Ship's Store 58 Classifieds

Subscriptions: One full year (12 issues) S24.00 in U.S.; outside of U.S. S96.00 including postage and handling. For subscription information, con- tact: Dale Barnett, fax: (212) 254-6271; e-mail: [email protected]

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