Page 2: of Maritime Reporter Magazine (April 2002)

MARITIME

REPORTER

AND

ENGINEERING NEWS

Reduce Your Engineering,

Solve Your Sanitation Needs

On the Cover

EVAC's vacuum collection sewage systems are specifically designed for the marine industry. They use standard designs and components requiring no special engineering.

ISSN-0025-3448

USPS-016-750

No. 4 Vol. 64 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271

Founder: John J. O'Malley 1905 - 1980

Charles P. O'Malley 1928 - 2000

Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at Periodicals

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Printed in U.S.A.

Publishers are not responsible for the safekeeping or return of editorial material. © 2002 Maritime Activity Reports, Inc.

Highly-regarded by the

Minerals Management

Service as "America's New

Frontier," deepwater drilling opportunities abound around the world. (Photo Credit: Mark Green,

Photographer, 1022 Wirt Rd. #302, Houston. TX 77055, Tel: (713) 956-7978: Fax: (713) 956-7979. e-mail: [email protected], www.mgreen.com).

Contents j

Features

Also in this Issue 16 Port Security is Key 26 Boston Whaler's Intruder 28 Editorial: Keeping the U.S.

Navy Strong 60 Ship's Store 64 Norwegian Maritime Report 76 Crowley Moves ExxonMobil

Concrete Drilling Rig 78 Buyer's Directory 80 Advertisers Index 81 Classified Ads (212) 254-6271; e-mail: [email protected] 24 NWDC: Where Tomorrow is Today

Melding development, research, experimentation and analysis in one location, the Navy Development Warfare Command, led by Rear

Admiral Robert G. Sprigg, is focused on the Navy of tomorrow. — by Greg Trauthwein 36 A Powerful Attraction

MAN B&W added the 48/60B to its high-speed engine family. — by David Tinsley, technical editor 40 Bigger, Stronger, Faster

As the trend toward deepwater drilling continues, demand grows for off- shore service vessels able to operate both profitably and efficiently in the rigors. 50 Going Deep

The trend in deepwater drilling is on the upswing, and opportunities are ripe for companies that think global. — by Paul Hillegeist, president, Quest Offshore. 74 The Dash for Gas

Will there be a glut of LNG vessels as myriad of new orders are ready to operate on the high seas? — by Graham Marshall, VP Marine Business

Support, Lloyd's Register Americas Inc.

Subscriptions: One full year (12 issues) SI 8.00 in U.S.; outside of U.S. S96.00 including postage and handling. For subscription information, contact: Dale Barnett, fax: 44 Financing Your Marine Assets

As U.S. funding facilities tighten in a sour economy, financial arms of equipment companies step up to infuse capital. —by Matt McCleery, president, Marine Money International.

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the pub- lishers

Member

Circle 232 on Reader Service Card or visit www.maritimereporterinfo.com tDljir\ • INTERNATIONAL®

Business Publications

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Bp.. _____ 2 Maritime Reporter/Engineering News