Page 4: of Maritime Reporter Magazine (August 2002)

MARITIME

REPORTER

AND

ENGINEERING NEWS

At press time, the political debate surround-ing the creation and final details of the Homeland Security Department was still being vehemently debated, rightfully so considering that it is perhaps the most significant U.S. government overhaul in nearly half a century. Those hoping for a clean and quick decision on the matter should have known that politics — and time — would eventually cool the fervor created by the September 11 attack. This is not to say that safety and security is no longer a top priority ... quite the opposite in fact. The marine business in and around the U.S. has been under intense scrutiny since 9/11, with measures enacted immediately and evolving daily in a sometimes scattered attempt at "improving security."

To ensure that MR/EN readers are kept abreast of developments as they hap- pen, we welcome a new column (see page 15) from Dennis L. Bryant of

Haight Gardner Holland & Knight, who is scheduled to provide a regular article under the "Government Updates" banner.

Those who assume that all of this activity won't effect business much should rethink that position. While yet defined, the change in store for the marine business in the coming weeks, months and years is very real, and it will reach to the very core of the business; that being the timely, efficient and cost-effective delivery of cargo — be it petroleum, electronics, corn or people — from point "A" to point "B." Those owners and operators that felt besieged by the storm of new rules and regulations pre-September 11 must feel as though a tsunami has hit them now, as every aspect of their business is under a microscope. But where there is trouble there is opportunity, and qual- ity owners that execute a sound business plan should emerge stronger, as ques- tionable operations wither and die under increased scrutiny.

Opportunities similarly exist for companies, both inside and out of the maritime niche, to provide efficient solutions to help owners and operators navigate increasingly complex levels of security. While it is fair to assume there will be a number of bogus "solutions," it is also safe to say that adversity has time and again driven innovation to new heights. Makers of yet-to-be-known vessels, systems, products and services will increasingly play a central role in ensuring that maritime transportation remains the most efficient and cost- effective method of moving products.

On the Cover

Versatile, small high-speed craft are becoming an essential tool for modern naval and paramilitary forces, however the roles of these vessels are expanding. Starling on page 50, Rolls-Royce's Andrew Rite looks at the evolution of the Combat Boat 90. Photos courtesy: Ake Nordlan- der/Fredrik Forsman Dockstavarvet AB.) ard.

Also in this Issue 11 LNG barge to be Built 22 S. China Yard Prospers 38 Titan refloats Clipper

Cheyenne 39 Bridge Solutions 42 Security/Defense Products 43 Ultra Large Containerships 47 Security Expo Debuts in NY 48 Get Ready for New OPA 90 56 Ship's Store 63 Ferliship's New Contracts 64 People & Company News 60 Buyer's Directory 62 Advertisers Index 65 Classified Ads

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, con- tact: Dale Barnett, fax: (212) 254-6271; e-mail: [email protected]

ISSN-0025-3448

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No. 8 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

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