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Audit of Circulation, Inc. 4 Company Index 28 Coatings & Corrosion Control 37 Buyer’s Directory 40 Ad Index 41 Ship’s Store 42 Classifieds

Pictured on this month’s cover is an inspection of a ship’s ballast tanks. Coatings and Corrosion Control starts on page 28 (Photo Credit: Honeywell)

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Coming in Maritime Reporter & Engineering News

March 2005 The Cruise Shipping Edition with bonus distribution @ Seatrade Cruise Shipping 2005 - Miami

April 2005 The Offshore Edition

Offshore Industry Annual • Clean Marine Fuels The Interior Design Guide

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OTC 2005 — Cruise & Ferry 2005 — Ports 2005 — SeaCargo Americas 2005

May 2005 NORSHIPPING 2005 Edition “Be in Oslo” with Maritime Reporter at one of the shipping industry’s most impor- tant events. Marine Environment Edition Maritime Security Products Marine

Fuels, Lubricants and Additives Marine Propulsion Country Focus: Norway www.marinelink.com 6 Maritime Reporter & Engineering News

I nnovation is the hallmark of any industry, none more so than the marine industry, which is often erroneously tagged with the label "conservative" in such matters.

Simply stated, today's emerging fleet of ships and boats on both the commercial and military side are truly modern marvels, housing systems and technolo- gies that are required to operate — without fail — in an ever-changing, always challenging and sometimes volatile environment.

This is painstakingly apparent in this edition, which offers three feature arti- cles highlighting the tremendous strides in building increasingly larger, more fuel-efficient and safe vessels. As many of you know, the Liquefied Natural Gas (LNG) carrier market is embarked upon a historic growth curve. Depending upon which statistics you receive and believe, ordering activity for LNG ships is expected to grow 9% annually through 2010. Much atten- tion has been paid to making these high-value ships larger and more efficient, and much work has been invested in new propulsion and cargo containment solutions. David Tinsley's article starting on page 18, "Dawn of a

New Era," and much of this month's "Tanker Technology" coverage is dedicated to these advances.

In a profile of ABS' new Chief Technology Officer Chris Wiernicki, we found a concise explanation of many matters you face every day: the design, construction and operation of safe vessels as they grow larger and more complex — often growing beyond established scientific and technical parameters — with less design time. Mr. Wiernicki addresses "Applying Advanced Technology to

Redefine Safety" starting on page 24.

Finally, Royal Caribbean International's implementation of identical bridge layout and bridge operating procedures — i.e. the "marine cockpit" — fleet- wide is impressive, as it melds a progressive shipowner determined to operate a safe and efficient fleet, with modern marine electronics and training and educa- tion. Captain William Wright, RCI's senior vice president of marine operations, helps explain the process. "I haven't failed, I've found 10,000 ways that don't work." — Benjamin Franklin

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