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MarineNews

MarineNews September 2016 Volume 27 Number 9 (ISSN#1087-3864) (USPS#013-952)

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

Departments Analysis

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

PUBLISHER 6 Editor’s Note

John C. O’Malley • [email protected]

Associate Publisher & Editorial Director

Greg Trauthwein • [email protected] 8 By the Numbers

Editor IMCA’s 2014 DP Incident Report

Joseph Keefe • [email protected]

Tel: 704-661-8475 (June 2016)

Web Editor

Eric Haun • [email protected]

Contributing Writers 18 OP/ED

Susan Buchanan • Lawrence R. DeMarcay, III “A Few Good Men”

Joe Hudspeth • Randy O’Neill

By Michael J. Toohey

PRODUCTION

Production & Graphics Manager

Nicole Ventimiglia • [email protected] 20 FINANCE

SALES Rethinking Inland

Vice President, Sales & Marketing

Infrastructure Finance

Rob Howard • [email protected]

By James A. Kearns

Advertising Sales Managers

National Sales Manager

Terry Breese • [email protected] 46 TECH FILE

Tel: 561-732-1185 Fax: 561-732-8414 Sennebogen 870 Material

Lucia Annunziata • [email protected]

Handlers – Versatile, Powerful

Tel: 212-477-6700 ext 6220 Fax: 212-254-6271

Frank Covella • [email protected] and Reliable

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

Mitch Engel • [email protected]

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

Mike Kozlowski • [email protected] 48 TECH FILE

Tel: 561-733-2477 Fax: 561-732-9670 Lightweight Synthetic Lifting

Dawn Trauthwein • [email protected]

Tel: 212-477-6700 ext 6230 Fax: 631-868-3575

Slings for improved Shipyard

Jean Vertucci • [email protected]

Productivity

Tel: 212-477-6700 ext 6210 Fax: 212-254-6271

Managing Director, Intl. Sales

Paul Barrett • [email protected]

Tel: +44 1268 711560 Fax: +44 1268 711567 50 Vessels

Uwe Riemeyer • [email protected]

Tel: +49 202 27169 0 Fax: +49 202 27169 20 52 People & Company News

CORPORATE STAFF

Manager, Marketing

Mark O’Malley • [email protected]

Accounting 57 Products

Esther Rothenberger • [email protected]

Tel: 212-477-6700 ext 6810

Manager, Info Tech Services 60 Classified Advertising

Vladimir Bibik • [email protected]

CIRCULATION

Circulation Manager 64 Advertiser’s Index

Kathleen Hickey • [email protected]

Tel: 212-477-6700 ext 6320

MarineNews ( ISSN# 1087-3864 ) is published monthly ( twelve issues ) by Maritime Activity Reports Inc. 118 E 25th St.

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For more information email Kathleen Hickey at: permission of the publisher. [email protected]

September 2016 4 MN

MN Sept16 Layout 1-17.indd 4 8/22/2016 1:45:03 PM

Marine News

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