Page 4: of Maritime Reporter Magazine (April 2014)

4 Maritime Reporter & Engineering News ? APRIL 2014 PUBLISHERSJohn E. O?MalleyJohn C. O?Malley [email protected] Publisher & EditorGregory R Trauthwein [email protected] Web Editor Eric Haun [email protected] Contributing Editors Dennis L. Bryant, Joseph Keefe, Ned Lundquist Correspondents Joseph Fonseca, India, Greg Knowler, China Claudio Pashoa, Brazil, Peter Pospiech, Germany Editorial Consultant James R. McCaul President, International Maritime Assoc. PRODUCTION Production Manager Irina Tabakina [email protected] STAFF Manager, Accounting Esther Rothenberger [email protected] Manager, Public Relations Mark O?Malley [email protected] Manager, Information Vladimir Bibik Technology Services [email protected] Circulation Manager Kathleen Hickey [email protected] SALESVice President of Sales & MarketingRob Howard [email protected] Sales Manager Terry Breese [email protected] t: (561) 732-1185 f: (561) 732-8414 Sales Representatives Lucia Annunziata [email protected] t: (212) 477-6700 f: (212) 254-6271 Frank Covella c [email protected] t: (561) 732-1659 f: (561) 732-8063 Mitch Engel [email protected] t: (561) 732-0312 f: (561) 732-8063 Mike Kozlowski [email protected] t: (561) 733-2477 f: (561) 732-9670 Dawn Trauthwein [email protected] t: (631) 472-2715 f: (631) 868-3575 Jean Vertucci [email protected] t: (212) 477-6700 f: (212) 254-6271 Sales & Event Coordinator Michelle Howard [email protected] SALES REPRESENTATIVES Scandinavia Roland Persson [email protected] Orn Marketing AB, Box 184 , S-271 24 Ystad, Sweden t: +46 411-184 00 f: +46 411 105 31 Western Europe Uwe Riemeyer [email protected] t: +49 202 27169 0 f: +49 202 27169 20 United Kingdom Paul Barrett [email protected] Hallmark House, 25 Downham Road, Ramsden Health, Essex CM11 1PU UK t: +44 1268 711560 m: +44 7778 357722 f: +44 1268 711567 Japan Katsuhiro Ishii [email protected] Ace Media Service Inc., 12-6, 4-chome, Nishiike, Adachi-ku, Tokyo 121, Japan t: +81 3 5691 3335 f: +81 3 5691 3336 Korea Jo, Young Sang biscim.co.kr Business Communications Inc., Rm 1232, Gwanghwamoon OfÞ cia Bldg., 163, 1-Ga, Shinmoon-Ro, Jongro-Gu, Seoul, Korea 110-999 t: +82 2 739 7840 f: +82 2 732 3662 Classi ed Sales t: (212) 477-6700www.marinelink.com MemberNEW YORK118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700 ¥ Fax: (212) 254-6271 e-mail: [email protected]: www.marinelink.com FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435Tel: (561) 732-4368; Fax: (561) 732-6984 &&&&&iHHHHiisisssststttHHstHiory ory ory ry ory & Ev& E& & Ev&olutioonoonnststssssisisistsststsssstsssssory oooory ory ooory ory yyyryryyryryyv&&Ev &Ev &Ev &&&Ev &Ev &Ev &Ev v&Ev &Ev v&Ev && Evv&&&&olutooolutttootoluttoolutolutututuuoooononioioiioionoonHHHHsssststHHsory yory & Ev&&&olutioonnnsstsststsssssyyrryy&&&&&&&&&&tttuttunnyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooootttttttttttttttttttttttttttttuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&tttttttttttttttttttttttttttttttttttttttssssssssssssssssssssssssssssssssssssssssssssssssssssssnnnnnnnnnnnnnnnnnnnnnnnnnnnnnniiiiiiiiiiiiiiiivvvvvvvvvvvvvvvvvvvvvvvvvvvEEEEEEEEEEEEEEEEEEEEEEEEEEEErrrrrrrrrrrrrrrrrrrrrrrrrrrrrrriiiiiiiiiiiiiiiiiiiiiiiiiHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHllllllllllllllllllllllllooooooooooooooooooooooooooooooo&&&&&&&&&&&&&&&&&iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy yy yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyoooooooooooooooooooooyoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooouuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&tttttttttttttttttttttttttttttttttttttttttttttttttttttttststttstttsttttttttttttttttttttttttttttttttttsssssssssssssssssssssssssssssssssssssssssssssssststsssssssstssssssssssssssssssssssssnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiivvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEErrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrriiiiiiiiiiiiHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllluuoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiMARITIMEREPORTER The Worlds Largest Circulation Marine Industry Publication UÊ The Information Authority for the Global Marine Industry since 1939ANDENGINEERING NEWSCNR Interview Rear Adm. Matt Klunder, U.S. Navy Chief of Naval Research Floating Production Growth Market hits Headwinds The Arctic Different Latitudes & Attitudes OSVsA Design (R)evolutionU.S. Coast Guard Doing Less With Less Methane SlipIs it Environmentally Harmful? Heavy LiftingModern Heavy Lift SolutionsM A R I N E L I N K . C O MAPRIL 201422 OP/ED: DYNAMIC POSITIONING The Offshore Service Vessel Dynamic Positioning Authority seeks to help bring unifor- mity to DP certiÞ cation. By Aaron Smith 24 INSURANCE UPDATE: STAYING AFLOAT How to work with your insurer when experiencing a loss. By Terence Harris 26 LEGAL BEAT Calculating settlement value of a case. By Thomas H. Belknap, Jr. 50 SAIPEM A ß eet grows in Brazil. By Claudio Paschoa54 INSIDE PARAGUAY?S OIL BOOM Paraguay is a growing maritime market, powered by oil. By Claudio Paschoa64 C-MAR: DP TRAINING IN BRAZIL Modern technology & techniques to Þ ll a niche. By Claudio Paschoa72 SEAPERCH The National SeaPerch Challenge Underwater Robotic Championships. 82 PROFILE: R.W. FERNSTRUM Celebrating 65 years of providing engineered solutions, R.W. Fernstrum is a ubiqui- tous presence in maritime and offshore markets globally. By Greg Trauthwein 78 HEAVY LIFTING 96 PRODUCT FEATURE: FLEET MANAGEMENT 98 PRODUCT FEATURE: PIPING 100 PRODUCT FEATURE: LUXURY YACHT DESIGN 88 PEOPLE & COMPANY NEWS 103 NEW PRODUCTS 107 BUYER?S GUIDE 108 CLASSIFIEDS112 ADVERTISER?S INDEX FROM OUR ARCHIVES THE COVER 107250CONTENTS NUMBER 4 / VOLUME 76 / APRIL 2014 Pictured on this months cover is Autonomous Surface Vehicles (ASV) Ltd.Õs C-Worker, a new oil Þ eld services unmanned surface vehicle (USV), a development that ASV touts as a breakthrough in unmanned oil and gas operations. The History of Offshore starts on page 56. Full details on the C-Worker are on page 76 (Photo Credit: ASV) MR #4 (1-9).indd 4MR #4 (1-9).indd 44/8/2014 11:07:51 AM4/8/2014 11:07:51 AM