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2Maritime Reporter & Engineering News (Photo: Blohm + Voss) 14INTERVIEW: ANDREW MAK, COO, TRIYARDS With yards in Vietnam and Houston, TRIYARDS is a specialist in a broad spectrum of engineering and fabrication solutions. by Greg Trauthwein 16SHIPPING & SANCTIONSEconomic sanctions, imposed by national and international govern-ments for a variety of political reasons, can be snare traps for un- suspecting maritime enterprises. by Dennis L. Bryant18LNG MARKET PROSPECTS TO 2016Douglas-Westwood?s new LNG Market report examines new prospects for liquefaction & regasification (import) terminals and LNG carriers.by Murray Dormer, Douglas-Westwood 22EXPORT CONTROL REFORM Inter-agency effort to reform the U.S. export control regime has re- sulted in specific proposals to transfer oversight to the Department of Commerce?s Bureau of Industry and Security (BIS). by Barbara Linney & Kevin Miller, Miller & Chevalier 24MARITIME ... OR NOT?What constitutes a Maritime Contract under U.S Law & why you shouldcare.by Thomas H. Belknap, Jr., Blank Rome 26SHAKE, RATTLE & ROLL Study of effects of whole body vibration on crew and passengers aboard fast craft. by John Haynes30WAVE ADDED RESISTANCE MARIN unveils some secrets of wave added resistance. by Patrick Hooijmans32MARINE INSURANCE: READY FOR THE WORSTMarine insurance and making effective catastrophe plans for hurri- cane zones.by Kirk Rider & Charlie Pugliese34TORQUE MARINE IPSWhile many view investments in new technology as an expense, rulesregarding emission reduction can actually pay back via fuel con- sumption reductions. by Peter Pospeich40THE CORVUS POWER PLAY Corvus Energy has created a revolutionary battery for the maritime market, a power source with power density, longevity and durability that has led to the company?s rapid ascension. by Greg Trauthwein ALSO IN THIS EDITION10EDITORIAL74BUNKER FUEL MANAGEMENT76MARINE ELECTRONICS86PEOPLE & COMPANY NEWS 94PRODUCTS106BUYER?S GUIDE107CLASSIFIEDS112ADVERTISER?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 COVER44Pictured on the cover is an Austal USA aluminum welderworking on USS Independ-ence (LCS 2). Thirty pages of Shipyard coverage starts on page 44.contentsWelcome to Hamburg! The SMM 2012 sets to convene again in Hamburg, Germany in early September, and pictured here is an indelible sight on the Hamburg waterfront, the Blohm + Voss Repair in Ham- burg on the River Elbe. On the occassion of our SMM edition, and in conjunctionwith our ?Shipyards? coverage, MR interviews Jan Kees Pilaar, managing director, Blohm + Voss, starting on page 44.(Photo Credit: Lewis Communications) MR#8 (1-9):MR Template 8/13/2012 1:11 PM Page 2