Page 2: of Maritime Reporter Magazine (June 2, 2010)

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2 Maritime Reporter & Engineering News

THE AUTHORS

Carleen Lyden-Kluss is the Co-

Founder and Executive Director of NAMEPA . She holds a USCG 100-ton Captain’s license.

See story on page 24

Dennis L. Bryant, Maritime

Regulatory Consulting,

Gainesville, FL

Email: [email protected]

See story on page 26

Tom Guldner (FDNY ret.) is

President - Marine Firefighting

Inc., E-mail [email protected]

See story on page 30

Michiel Verhulst is project man- ager at the Ships department of

MARIN, the Maritime Research In- stitute Netherlands. m.ver- [email protected]

See story on page 32

Claudio Paschoa is Maritime

Reporter’s correspondent in

Brazil. He also maintains a blog on MaritimeProfessional.com

See story on page 34

Clay Maitland is a Managing

Partner of International Regis- ters, Inc (IRI), the administrators of the Marshall Islands Registry.

Email: [email protected]

See story on page 50

Dusty Rybovich is currently a

Senior at Webb Institute. After graduation, he hopes to work in

Chile for a year with a program that teaches English to children.

See story on page 50

Michael Cariello studies Naval

Architecture and Marine Engi- neering at Webb Institute, from which he will graduate in June 2010.

See story on page 50

Henrik Segercrantz is a

Finnish Naval Architect with some 30 years experience from the shipbuilding industry. Today he is as a freelance journalist writing about maritime matters.

See story on page 62

TABLE OF CONTENTS

FIVE MINUTES WITH 8 Richard Marler, Signal International

Richard Marler has quietly built a powerhouse marine construction and repair operation in the Gulf, and he’s now looking for newbuild and military business.

FEATURE VESSEL 12 The Compact Semi-Submersible

Hallin orders a unique CSS — Compact Semi-Submersible — for $110m from Drydocks World.

DEEPWATER HORIZON 24 Up to Their Neck

As BP struggles to control the oil spill in the Gulf of Mexico, the marine, offshore and subsea industries will be affected for a generation. — by Carleen Lyden-Kluss

ENVIRONMENTAL ENGINEERING 27 An Alternative Route

Author’s discuss alternate routes to achieving energy efficiency and greener shipping. — by Simon Burnay and Del Redvers

TRAINING & EDUCATION 30 The Marine Industry & LNG

Working in and around LNG takes specialized training. — by Tom Guldner

FINANCE 33 Financing Offshore Ventures

Today’s unique market requires innovative thinking regarding finance. — by David Lyons

SHIPBUILDING 34 Bright Forecast for Brazil

Brazil continues to power ahead with billions invested in new shipbuilding, design and vessel supply capability. — by Claudio Paschoa 42 West Coast Action

The U.S. West Coast is full of maritime orders and activity. — by Wes Starratt, P.E.

MARINE SALVAGE 46 Maritime Salvage for Fun & Profit — by Thomas H. Belknap, Jr., Blank Rome LLP & Peter E. Mills, Blank Rome Solicitors and Notaries

THE WORLD ECONOMY 50 The Recovery Continues

Clay Maitland delivers insight and perspective to the global shipping market, today and tomorrow.

FUTURE DESIGN 58 Fuel Cell Technology

Two seniors from Webb Institute describe their project to design and evaluate a conceptual powerplant for an

LNG carrier that uses fuel cells. — by Dusty Rybovich & Michael Cariello

GOM SPILL - THE AFTERMATH 66 The Only Certainty is Change

As efforts continue to stop and contain oil outflow in the Gulf of Mexico, the industry can expect big changes that will ultimately impact the bottom line. — by Susan Buchanan

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.