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Why Catamaran? IT’S JUST BETTER! 20’-45’ Aluminum; Engines OB, IB, IO, Jet; We use USCG T-boat, ABS, ABYC standards; Patented and Patent-Pending Technology; Commercial, Military, Government 419.625.0123 Sandusky, Ohio GS.07F.0620N sales@missionmarine.com www.MISSIONMARINE.com Circle 238 on Reader Service Card 6 Young Bros. to Invest $186m 7 EBDG Supports BBSR’s New Research Vessel 8 BCGP to Co-Manufacture FB Design Boats 10 Nicols Brothers to Build WTA Boats Publisher John C. O’Malley jomalley@marinelink.com Associate Publisher Greg Trauthwein trauthwein@marinelink.com Managing Editor Jennifer Rabulan rabulan@marinelink.com Contributing Editors Larry Pearson Don Sutherland Production Manager/Graphic Designer John Guzman guzman@marinelink.com Asst. Production Manager Irina Tabakina tabakina@marinelink.com Classified Ad Sales Dale Barnett barnett@marinelink.com Sales Administration Manger Tina Veselov veselov@marinelink.com Manager, Accounting Services Esther Rothenberger rothenberger@marinelink.com Manager, Public Relations Mark O’Malley momalley@marinelink.com Circulation Kathleen Hickey mncirc@marinelink.com Manager, Information Technology Vladimir Bibik bibik@marinelink.com Senior Vice President, Sales Rob Howard howard@marinelink.com - Tel: 561-732-4368; Fax: 561-732-6984 Senior Vice President, Sales Brett W. Keil bkeil@marinelink.com - Tel: 561-732-1185; Fax: 561-732-6984 Vice President of Sales Lucia Annunziata annunziata@marinelink.com Managing Director, International Sales Tony Stein stein@marinelink.com 12 Braehead, Bo’ness, W. Lothian EH51 OBZ Scotland - Tel: +44-1506-822240; Fax: +44-1506-828085 Vice President, International Operations Charles E. Keil ckeil@marinelink.com - Tel: 561-732-0312; Fax: 561-732-8063 TO SUBSCRIBE: Subscriptions to MarineNews (12 issues per year) are available for $29.00 for one year; $45.00 for two years. Send your check to: MarineNews, 118 E. 25th St., New York, NY 10010. For more information call Rhoda Morgan at (212) 477-6700; fax: (212) 254-6271; morgan@marinelink.com POSTMASTER Time Value Expedite MarineNews is published monthly, 12 times a year by Maritime Activity Reports, Inc., 118 East 25th Street, New York, N.Y. 10160-1062. The publisher assumes no responsibility for any misprints or claims and actions taken by advertisers. The publisher reserves the right to refuse any advertising. Contents of this pub- lication either in whole or in part may not be reproduced without the express permission of the publisher. POSTMASTER: Send address changes to MarineNews 118 East 25th Street, New York, N.Y. 10160- 1062 MarineNewsis published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offices. Canada Post International Publications Mail Product (Canadian Distribution) Sales Agreement No. 0970700. Printed in U.S.A. On the Cover: Bourbon CEO Jacques Cheauteauviex, recently announced plans to expand the company’s offshore and tug fleet, with the intent to invest approximately $1.8 billion in new boats. May 2006 • No. 5 Vol. 15 MarineNews NEWS ISSN#1087-3864 USPS#013-952 Florida: 215 NW 3rd St., Boynton Beach, FL 33435 tel: (561) 732-1659; fax: (561) 732-6984 New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 www.marinelink.com Founded in 1914 MarineNews FEATURES 16 Bourbon Expands Bourbon has launched an aggressive expansion plans targeting the offshore market, with the intent to build many new state-of- the-art Offshore Service vessels. 18 Combat Craft Report MACC 2006, set for June in Norfolk, Va., will provide the stage for the constantly evolving combat craft sector. The latest trends in combat crafts are highlighted in the Combat Craft Annual. 27 Phoenix Rising The 54-year old tugboat, Dorothy Elizabeth, formerly named Gotham, has a storied history, but even more potential. — by Don Sutherland 16 19 27 12 Legal Beat 34 Directory 38 Ship's Store 39 Employment Guide 40 Advertising Index 43 Vessels for Sale 44 Marine Marketplace MAY MN2006 1(1-8).qxd 5/9/2006 12:16 PM Page 2