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4MNJuly 2011POSTMASTER Time Value Expedite MarineNewsISSN#1087-3864is 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. MarineNewsis published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offices. ISSN#1087-3864 USPS#013-952Florida:215 NW 3rd St., Boynton Beach, FL 33435tel: (561) 732-4368; fax: (561) 732-6984New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271www.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.comPUBLISHERJohn C. OMalley ? jomalley@marinelink.comAssociate Publisher & EditorGreg Trauthwein ? trauthwein@marinelink.comManaging EditorRaina Clark ? rainaclark@marinelink.comContributing WritersLawrence R. DeMarcay, III ? Frederick B. Goldsmith ? Matt Gresham? Randy ONeill ? Jim ShirleyPRODUCTIONProduction ManagerIrina Tabakina ? tabakina@marinelink.comSALESVice President, Sales & MarketingRob Howard ? howard@marinelink.comSales Administration & Office Manager Rhoda Morgan ? morgan@marinelink.comSales & Event CoordinatorMichelle Howard ? mhoward@marinelink.comClassified Sales ManagerDale Barnett ? barnett@marinelink.comtel: 212-477-6700Advertising Sales ManagersNational Sales ManagerJack Bond ? bond@marinelink.comTel: 561-732-1659 Fax: 561-732-8063 Lucia Annunziata ? annunziata@marinelink.com Terry Breese ? breese@marinelink.comTel: 212-477-6700 Fax: 212-254-6271Tel: 561-732-1185 Fax: 561-732-8414 Tristan McDermott ? mcdermott@marinelink.comDawn Trauthwein ? dtrauthwein@marinelink.comTel: 561-732-0312 Fax: 561-732-9670Tel: 631-472-2715 Fax: 631-868-3575 Mike Kozlowski ? kozlowski@marinelink.comTel: 561-733-2477 Fax: 561-732-9670 Managing Director, Intl. Sales Paul Barrett ? ieaco@aol.comTel: +44 1268 711560 Fax: +44 1268 711567 Uwe Riemeyer ? riemeyer@intermediapartners.deTel: +49 202 27169 0 Fax: +49 202 27169 20 CORPORATE@STAFFManager, Accounting Services Rhoda Morgan ? morgan@marinelink.comManager, Public Relations Mark OMalley ? momalley@marinelink.comManager, Marketing Jocelyn Redfern ? jredfern@marinelink.comManager, Info Tech Services Vladimir Bibik ?bibik@marinelink.comCIRCULATION@Circulation ManagerKathleen Hickey ? mncirc@marinelink.com MarineNewsOn the CoverRig Worries Persist Despite a flurry of good news indicating a return of business to the offshore GOM, there remain storm clouds on the horizon . See full story starting on page 34Insurance16Casualty Reporting By Randy ONeill Legal18Seamans Maintenance Rate By Frederick B. Goldsmith 6Editors Note 24BLOGS @ MaritimeProfessional.com 44Vessels 48People & Company News 52Products 54Directory: Winches & Ropes 57By the Numbers 58Classifieds 64Ad Index Correction: In the June 2011 Insights section of MarineNews, the caption for the image of W&Os iShip FuelProof bunker meter was in error. The caption should have read that the meter provides ship owners/operators with a reading within 0.5% of total custody transfer flow. This clarification is provided at the request of W&O.Photo Courtesy Jac Keo
