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2 MARITIME REPORTER & ENGINEERING NEWS ? JUNE 2013 contentsOFFSHORE 10 THE BRAZILIAN WAY Doing business in Brazil can be difÞ cult. To ease the way, we offer some insight to the evolution of the countryÕs maritime industry. By Claudio PaschoaSALVAGE 26 NON-TANKER VESSELS ON DECK Non-Tanker rules stemming from OPA 90 were recently accepted by the OMB and the Þ nal rule is expected shortly. By Greg Trauthwein ECONOMICS 34 ECONOMIC IMPACT OF STCW 2010 The real cost to owners to implement STCW 2010.By CDR Emil A. MuccinECONOMICS (PART II) 36 BREAKING DOWN THE COST OF MARPOLMARPOL is necessary, but what are the true costs? You may be staggered to Þ nd out. By Gary EnglishFEATURE 40 THE YEAR IN REVIEWTraditional market cycles aside, there were more downs than ups in 2012, but opportunity is there to be found. By Dr. Shashi Kumar PROFILE 44 FIVE MINUTES WITH DR. SHASHI KUMARA market boom starting in 2014? The next shipping recession in 2016? A ÒcapÓ on the size of ships? Read all about it.By Greg Trauthwein CONTAINERSHIPS 46 BOXED INIn 1998 fuel costs mad up 8% of total container freight costs; today it is 25% according to Alphaliner. Need we say more? By Greg Knowler MSC 48 CONTAMINATION CONTROLLED USNS Bridge faced radiological contamination from the Fuku-shima reactor failure, a unique circumstance for a ship at sea. By Edward Lundquist VESSELVALUES.COM 52 IS IT TIME TO BUY? ASK THE DOCTORTrends in the pricing of second hand ships. By Capt. Kaizad Doctor, PhD. ARCTIC OPS 54 FINNISH SHIPBUILDING UPDATE An unrivaled expertise in building ships for the extreme. By Henrik Segercrantz SHIPBUILDING 54 GERMAN SHIPBUILDING UPDATE While European economies stumble, Germany stands strong. By Peter PospiechON THE COVERALSO IN THIS EDITIONPictured is Able Seaman Zay Nander Soe, as photo-graphed by Alex Sergienko, one of the hundreds of participants in this year?s Third Annual Don Sutherland Photo Contest. Page 62(Image courtesy Alex Sergienko) Offshore is hot, and Brazil leads the way. But doing business ef- Þ ciently and proÞ tably here is no easy task. Claudio Paschoa, our resident writer, photogra- pher and surfer in Rio, weighs in with tips to navigate business in country. page 106 EDITORIAL8 MARITIMEPROFESSIONAL.COM10 OFFSHORE26 SALVAGE 32 MARITIME SIMULATION SUMMIT 62 PHOTO CONTEST74 INTEGRATED BRIDGE 72 COATINGS 76 NEW PRODUCTS78 PEOPLE & COMPANY NEWS 82 BUYER?S GUIDE 83 CLASSIFIEDS 88 ADVERTISER?S INDEX (Photo: Claudio Paschoa)PHOTO FINISH62 3RD ANNUAL MARITIME PHOTO CONTESTThousands of entries, hundreds of photographers, dozens of countries = 10 pages of awe-inspiring maritime photography. MR #6 (1-9).indd 2MR #6 (1-9).indd 25/31/2013 12:03:04 PM5/31/2013 12:03:04 PM