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MarineNews 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 PUBLISHERJohn 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 PRODUCTION Production & Graphics Manager Nicole Ventimiglia nicole@marinelink.com SALESVice President, Sales & MarketingRob Howard howard@marinelink.com Sales Administration & OfÞ ce Manager Rhoda Morgan morgan@marinelink.com Sales & Event Coordinator Michelle Howard mhoward@marinelink.com ClassiÞ ed Sales Manager Dale Barnett barnett@marinelink.com tel: 212-477-6700Advertising Sales ManagersNational Sales ManagerJack Bond bond@marinelink.com Tel: 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 Mike Kozlowski kozlowski@marinelink.com Dawn Trauthwein dtrauthwein@marinelink.comTel: 561-733-2477 Fax: 561-732-9670 Tel: 631-472-2715 Fax: 631-868-3575 Jean Vertucci vertucci@marinelink.com Tel: 212-477-6700 Fax: 212-254-6271 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 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 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 email Kathleen Hickey at: k.hickey@marinelink.comPOSTMASTER Time Value Expedite 4 H E ) N F O R M A T I O N ! U T H O R I T Y F O R T H E 7 O R K B O A T s / F F S H O R E s ) N L A N D s # O A S T A L - A R I N E - A R K E T S arineMInland Infrastructure: Working to Improve page 40Security BoatsUSCG Retools page 54Tidewater Well Positioned Offshore page 66 . / 6 % - " % 2 W W W M A R I N E L I N K C O M News Workboats Workboats On the CoverArguably the perfect deÞ nition of a Òworkboat,Ó the Great Lakes tug ÒNorth DakotaÓ was built in 1910. After 102 years, she still plies the waters of the Great Lakes. This edition of MarineNews covers all aspects of the world of Workboats; inland, offshore and Great Lakes. INSURANCE20 Rolling on the River A Towboat PilotÕs Bridge Encounter. By Randy O?Neill LEGAL22 That Sinking Feeling The Duty of a Vessel Owner when his vessel sinks. By Matthew Valcourt 74 W&O Positioned to Provide W&O takes the guesswork out of distribution, supply and the marine manufacturing environment. By Joseph Keefe 6 Editor?s Note 8 By The Numbers 12 OP/ED ? Michael J. Toohey, WCI 60 Dredging 80 PROPULSION John Deere helps out Olympics 84 PROPULSION Cat Launches New engines 86 TECH File Delta Wave?s Hat Trick 90 Vessels96 TECH File River Navigation Software 97 People & Company News 101 Products 108 Classi eds 112 AD Index 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 ofÞ ces. 4 MNNovember 2012MNNov2012 Layout 1-17.indd 4MNNov2012 Layout 1-17.indd 411/8/2012 11:49:50 AM11/8/2012 11:49:50 AM