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6 Maritime Reporter & Engineering News • SEPTEMBER 2014

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U tter the words “The Arctic” and it literally will mean 100 different things to 100 dif- ferent people. While there are a plethora of shared visions of what the Arctic is – cold, icy, dark, remote … to name but a few – from a maritime and energy business perspective the Arctic is generally a mystery, particularly when evaluating the potential benefi t (and peril) to be found.

This month we explore the Arctic in depth, and from a personal perspective I must admit that it is more than a little disconcerting to run through im- age after image of an icy environ in the middle of

August.

Our coverage starts in our Legal Beat column from James B. Ellis II and Joan M. Bondareff of

Blank Rome. This article asks a very simple ques- tion: Is the U.S. prepared legally and operationally to protect its Arctic interests? This article gives a very simple answer: a resounding NO. Turn to page 24 for a more in-depth analysis of where we are at and what we need to do to secure our place in all matters Arctic in the future.

When it comes to investment and operations in the Arctic, the Russians arguably have the greatest breadth and depth of hands on experience. With this in mind, we reached out to Georgiy Bedrik, Head of Business Development at the Russian Maritime

Registry of Shipping, for his insights on current ac- tivities and operating peculiarities of the region – in particular the mammoth Yamal LNG project which includes the construction of 16 innovative ice class gas carriers – starting on page 28.

The real mystery of operating effectively in the Arctic truly centers on risk assessment before endeavoring to operate in the region. Last month

Dennis Bryant clearly laid out the potential peril of

Arctic operations in his article “Polar Code Afoot” (MR, August 2014, pg. 18).

This month, we follow up with a feature entitled “Out in the Cold” starting on page 30 which taps leading Arctic experts from three distinct angles: academia, shipping and Arctic logistics, for their insights on proper assessment and mitigation of risk in the region.

Power is a topic of perpetual interest in the maritime sector, and the movement towards fewer, larger suppliers continues in earnest, particularly with the recent acquisition by Rolls-Royce of Rolls-

Royce Power Systems (RRPS) – which previously operated as Tognum AG, and is headquartered in

Friedrichshafen, Germany with around 11,000 employees.

Another ubiquitous name on the power front is

Caterpillar, and the company is expanding in the maritime sector towards becoming a complete system solution provider. Peter Pospiech, our con- tributor in Germany, recently visited the Caterpillar

Motoren GmbH manufacturing plant in Kiel, Ger- many, and this month offers, starting on page 46, his exclusive insights on the current path and future direction of the global manufacturing power.

EDITORIAL

GREG TRAUTHWEIN, EDITOR & ASSOCIATE PUBLISHER

Come in Out of the Cold

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