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4 MN April 2011 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 $49.00; Two years (24 issues) for $64.00. 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 PRODUCTION Production Manager Irina Tabakina • tabakina@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 Paul Barrett • ieaco@aol.com Tel: +44 1268 711560 Fax: +44 1268 711567 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 Harvey Gulf Harvey Gulf CEO Shane Guidry describes how he began in the off- shore supply vessel industry and how he has grown his company from an EBITA of $7m when he took over in the 90s, to $100m today. See full story starting on page 32. Marine Propulsion 16 The Basics of Cavitation By Leonardo Montoya Legal 18 Courts Look at Seaman’s Personal Injury & Death Statutes By Fred Goldsmith Inland Waterways 20 Economics 101 By Cornel Martin 46 People & Company News 52 Directory: Propulsion 55 Vessels 56 Products 58 By the Numbers 59 Classifieds 64 Ad Index Photos courtesy Harvey Gulf International Marine
