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Offshore Annual

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MarineNews May 2015 Volume 26 Number 5

MarineNews

ISSN#1087-3864 USPS#013-952

Departments Analysis

Florida: 215 NW 3rd St., Boynton Beach, FL 33435 tel: (561) 732-4368; fax: (561) 732-6984 &

New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 www.marinelink.com 6 Editor’s Note

PUBLISHER

John C. O’Malley • [email protected]

Associate Publisher & Editorial Director

Greg Trauthwein • [email protected] 8 By the Numbers Perspectives on the Changing

Editor

Joseph Keefe • [email protected] Risks for Offshore Well Blowouts

Tel: 704-661-8475

By Dagmar Etkin

Web Editor

Eric Haun • [email protected]

Contributing Writers 26 Regulatory

Susan Buchanan • Lawrence R. DeMarcay, III Suppressing Random Drug

Joe Hudspeth • Randy O’Neill

Test Results is a bad decision.

PRODUCTION

By Lee Seham

Production & Graphics Manager

Nicole Ventimiglia • [email protected]

SALES

Vice President, Sales & Marketing 46 TECH FILE

Rob Howard • [email protected] Optimizing Efficiency Requires

Advertising Sales Managers

Measurement of True Output

National Sales Manager

Terry Breese • [email protected]

Tel: 561-732-1185 Fax: 561-732-8414 48 TECH FILE

Lucia Annunziata • [email protected]

Tel: 212-477-6700 Fax: 212-254-6271 ThomasNet.com, the Sourcing

Frank Covella • [email protected]

Solution for the Marine Industry

Tel: 561-732-1659 Fax: 561-732-8063

Mitch Engel • [email protected]

Tel: 561-732-0312 Fax: 561-732-8063

Mike Kozlowski • [email protected]

Tel: 561-733-2477 Fax: 561-732-9670 42 Vessels

Dawn Trauthwein • [email protected]

Tel: 631-472-2715 Fax: 631-868-3575 50 Boat of the Month

Jean Vertucci • [email protected]

Tel: 212-477-6700 Fax: 212-254-6271 Chesapeake Shipbuilding De-

Managing Director, Intl. Sales livers Fort Schuyler

Paul Barrett • [email protected]

Tel: +44 1268 711560 Fax: +44 1268 711567

Uwe Riemeyer • [email protected] 51 People & Company News

Tel: +49 202 27169 0 Fax: +49 202 27169 20

Sales & Event Coordinator 56 Products

Michelle Howard • [email protected]

Classi? ed Sales 60 Classified Advertising (212) 477-6700

CORPORATE STAFF

Manager, Public Relations 64 Advertiser’s Index

Mark O’Malley • [email protected]

Manager, Info Tech Services

Vladimir Bibik • [email protected]

NOTE: In the March edition of MarineNews and in an online posting of the article that followed,

CIRCULATION

Richard Paine’s FINANCE article (page 18) referenced [OSV Day rates and utilization data]

Circulation Manager that should have been attributed to WORKBOAT magazine. We regret the omission.

Kathleen Hickey • [email protected]

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MarineNewsISSN#1087-3864 is published monthly, 12 times a year by Maritime Activity Reports, Inc., 118 East 25th

Subscriptions to Marine News (12 issues per year)

Street, New York, N. Y. 10160-1062. The publisher assumes no responsibility for any misprints or claims and actions taken by for one year are available for $60.00; advertisers. The publisher reserves the right to refuse any advertising. Contents of this publication either in whole or in part

POSTMASTER

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POSTMASTER:Send address changes to MarineNews850 Montauk Hwy. #867 Bayport, NY 11705.

MarineNews, 118 E. 25th St., New York, NY 10010.

MarineNews is published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and

For more information email Kathleen Hickey at: [email protected] additional mailing of? ces.

May 2015 4 MN

Marine News

Marine News is the premier magazine of the North American Inland, coastal and Offshore workboat markets.