Page 2: of Maritime Reporter Magazine (June 2016)

Annual World Yearbook

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CONTENTS NUMBER 6 / VOLUME 78 / JUNE 2016 12

Photo: Carnival Corp.

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Photo: Maritime Reporter & Engineeirng News

Photo: EJA 30 22 38 16

Photo: David Rider

U.S. Navy photo

Photo: Robert Kunkel

THE WORLD YEARBOOK EDITION

TRAINING 10 U.S. INLAND 22 NAVY DOMESTIC DRIVERS THE U.S. MUST INVEST Five key variables will drive the domestic brown water market. As the world becomes increasingly volatile, the U.S. Navy must 28 Not Keeping Watch invest to address challenges, new and old.

As seemingly senseless

By Joseph Keefe accidents continue to occur,

By Edward Lundquist maritime mandates for imrpoved 12 GROWTH MARKET training and education continue in 38 MANPOWER earnest.

JAPAN POWERS AHEAD Mr. Hiroaki Sakashita, Director-General, Maritime Bureau, MLIT SHORTAGE BY 2025

By Dennis Bryant explains the strategy driving Japan’s maritime markets. The projection for maritime workers in the coming decade is not promising, with a projected shortage of 147,500 of? cers by the 30 The Carnival Way

By Greg Trauthwein year 2025.

Just outside of Amsterdam Carnival is set to open the Arison 16 SHIPBUILDING Maritime Center, an ode to its 40 FLOATING PRODUCTION founders and the home of the THE SOUTH KOREAN COLLAPSE futuristic CSMART Academy.

UNPRECEDENTED IDLE FPSOS With losses in the billions and a shipbuilding capacity glut, South Korea’s shipbuilding goliaths are in deep trouble. While offshore oil and gas is no stranger to downturns, the

By Greg Trauthwein ? oating production sector has been particularly hard hit.

By Robert Kunkel By Peter Lovie 18 OFFSHORE SETE BRASIL SINKS Sete Brasil was intent on building the world’s largest deepwater drilling ? eet. Then the price of oil collapsed.

Photo: Carnival Corp.

By Claudio Paschoa 2 Maritime Reporter & Engineering News • JUNE 2016

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.