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4MNOctober 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. O?Malley jomalley@marinelink.comAssociate Publisher & Editorial DirectorGreg Trauthwein trauthwein@marinelink.comEditorJoseph Keefe keefe@marinelink.comTel: 704-661-8475 Contributing WritersSusan Buchanan Raina Clark Lawrence R. DeMarcay, III Frederick B. Goldsmith Randy O?Neill Jim Shirley PRODUCTIONProduction 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: 212-254-6271 Tel: 561-732-1185 Fax: 561-732-8414 Perry Grant grant@marinelink.comDawn Trauthwein dtrauthwein@marinelink.comTel: 561-732-0312 Fax: 561-732-9670 Tel: 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 O?Malley momalley@marinelink.comManager, Marketing Jocelyn Redfern jredfern@marinelink.comManager, Info Tech Services Vladimir Bibik bibik@marinelink.comCIRCULATIONCirculation ManagerKathleen Hickey mncirc@marinelink.com MarineNewsFinance22Credit Ratings What do they Really Mean to Your Business? By Richard J. Paine, Sr. Legal26Alternative Dispute Resolution Do they save time, money, and aggravation? By Larry DeMarcay Infrastructure 32Markland Locks & Dam Repairs Main lock to open in early November. 6Editor?s Note 30OP/ED ? Modern Waterways Infrastructure ? Michael Toohey, WCI 34By the Numbers 50Vessels 52People & Company News 55Products 58Classifieds 64AD Index Photo: Jan BerghuisOn the Cover34 GOM?s Grey While business conditions in theGulf of Mexico are improving, there is still much work to be done to return the region to full throttle. Susan Buchanan reports. MN#10 (1-17):MN 2011 Layouts 10/5/2011 1:23 PM Page 4
