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4 MN December 2010 POSTMASTER Time Value Expedite MarineNews ISSN#1087-3864 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 publication 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. MarineNews is published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offices. ISSN#1087-3864 USPS#013-952 Florida: 215 NW 3rd St., Boynton Beach, FL 33435 tel: (561) 732-4368; 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 TO SUBSCRIBE: Subscriptions to Marine News (12 issues per year) for one year are available for $39.00; Two years (24 issues) for $54.00. Send your check payable 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 PUBLISHER John C. O’Malley • jomalley@marinelink.com Associate Publisher & Editor Greg Trauthwein• trauthwein@marinelink.com Managing Editor Raina Clark • rainaclark@marinelink.com Contributing Writers Lawrence R. DeMarcay, III • Frederick B. Goldsmith • Matt Gresham • Randy O’Neill • Jim Shirley • Ken Wells PRODUCTION Production Manager Irina Tabakina • tabakina@marinelink.com Production Assistant Amanda O’Malley • aomalley@marinelink.com SALES Vice President, Sales & Marketing Rob Howard • howard@marinelink.com Sales Administration & Office Manager Rhoda Morgan • morgan@marinelink.com Sales & Event Coordinator Michelle Howard • mhoward@marinelink.com Classified Sales Manager Dale Barnett • barnett@marinelink.com tel: 212-477-6700 Advertising Sales Managers National Sales Manager Jack Bond • bond@marinelink.com Tel: 561-732-1659 Fax: 561-732-8063 Lucia Annunziata • annunziata@marinelink.com Terry Breese • breese@marinelink.com Tel: 212-477-6700 Fax: 212-254-6271 Tel: 561-732-1185 Fax: 561-732-8414 Tristan McDermott • mcdermott@marinelink.com Dawn Trauthwein • dtrauthwein@marinelink.com Tel: 561-732-0312 Fax: 561-732-9670 Tel: 631-472-2715 Fax: 631-868-3575 Mike Kozlowski • kozlowski@marinelink.com Tel: 561-733-2477 Fax: 561-732-9670 Managing Director, Intl. Sales Tony Stein • tony.r.stein@btinternet.com Tel/Fax: +44-1506-822240 Uwe Riemeyer • riemeyer@intermediapartners.de Tel: +49 202 27169 0 Fax: +49 202 27169 20 CORPORATE STAFF Manager, Accounting Services Rhoda Morgan • morgan@marinelink.com Manager, Public Relations Mark O’Malley • momalley@marinelink.com Manager, Marketing Jocelyn Redfern • jredfern@marinelink.com Manager, Info Tech Services Vladimir Bibik • bibik@marinelink.com CIRCULATION Circulation Manager Kathleen Hickey • mncirc@marinelink.com MarineNews On the Cover 24 Great Boats of 2010 Pictured on this month’s cover is the Fire Boat Three Forty-Three, built by Eastern Shipbuilding for the NY City Fire Department, named in honor of the 343 NYC Firefights lost in the terrorist attack of 9/11. Legal Perspectives 14 The Zone of Uncertainty By Lawrence R. DeMarcay, III Legal Perspectives 18 The Bisso Doctrine By Jim Shirley Finance 22 Changes in Lease Reporting By Richard J. Paine, Sr. 36 People & Company News 39 Directory: Coatings/Corrosion Control 41 By the Numbers 40 Products 43 Classified 48 Ad Index Photo: Creative Communications Consultants
