Page 2: of Maritime Reporter Magazine (July 2012)

2Maritime Reporter & Engineering News (Photo: Hempel)12ARCTIC SHIELD 2012While offshore oil and gas garners much of the Arctic attention, the USCG is today assembling its largest ever effort up north. by Dennis Bryant14ARCTIC CHALLENGES, OPPORTUNITIES As the Arctic ice retreats, so too opens new maritime and offshore en- ergy potential. by Joan Bondareff, Duncan Smith & Dana Merkel 16CATASTROPHIC FAILURES Of VFD and HF systems for Electric Propulsion Systems are alarming. by Capt. (ret.) Edward H. Lundquist 18MARINE INSURANCE: ROLES & LIMITSExpectations & realities of professional indemnity insurance. by Charlotte Kirk20DEFENDING FROM THE BIG HACK ATTACK Survival at sea increasingly starts and ends with Cyber Security. by CDR Emil A. Muccin22SLOW STEAMINGHow prevalent is it among the global fleet? Very! 24ARCTIC BOUND (WITH VIGOR) Vigor Industrial has led the charge to reinvigorate maritime business in the Pacific Northwest, including opportunities that stretch into the Arctic. by Raina Clark28SPILL RESPONSE: PREPARE FOR THE WORST The expansion of maritime and energy business in the Arctic is stretch- ing thin the ability to responde if disaster strikes. 30ROUNDTABLE: MARINE COATINGS The marine coating sector has developed a number of innovative so-lutions to keep pace with evolving regulations.by Greg Trauthwein 34BRAZIL?S UPSTREAM LOGISTIC CHALLENGES Brazil continues to build infrastructure and maritime capability to re- alize the full potential of its offshore resources. by Claudio Paschoa36MEET THE ?GREEN DOLPHIN?An innovative new bulk carrier design from the Shanghai Ship Design& Research Institute in conjunction with DNV and Wärtsilä. ALSO IN THIS EDITION6EDITORIAL8BOAT OF THE MONTH: TARGA 30 23CASTROL DEBUTS CYLTECH 80 AW 37PRODUCTS38PEOPLE & COMPANY NEWS 42BUYER?S GUIDE43CLASSIFIEDS48ADVERTISER?S INDEX SUBSCRIPTION INFORMATION One full year (12 issues) $73.00; two years (24 issues)$105.00 in U.S. (Canada & Mexico also)Rest of world one year international $120.00; two years$174.00 including postage and handling. For subscrip-tion information:Email: [email protected]  www.marinelink.com Tel: (212) 477-6700  Fax: (212) 254-6271 ON THE COVER20As ships, boats and rigs in-creasingly become an ex- tension of the land-basedoffice ? using high speed, high volume comms and so-phisticated software solu- tions, they increasingly become a target for cyber crime. Are your vessels pre- pared? Are you sure? contentsCovered Up Driven by new rules and regulation, marine coating companies have been driven to develop new prod- ucts that are increasingly environmentally benign and at the same time more rugged and cost-efficient for the shipowner. Five leading marine coating executives weigh inon the burning questions of the day, starting on page 30.MR#7 (1-9):MR Template 7/9/2012 3:46 PM Page 2