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www.seadiscovery.com NEW YORK 118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435 Tel: (561) 732-4368; Fax: (561) 732-6984 PUBLISHER John C. O'Malley jomalley@ marinelink.com Associate Publisher & Editor Gregory R. Trauthwein trauthwein@ marinelink.com Contributing Editors Capt. Edward Lundquist, USN (Ret.) • Steve Withrow Production Manager Irina Tabakina tabakina@ marinelink.com Production Assistant Amanda O’Malley aomalley@ marinelink.com Sales Administration & Office Manager Rhoda Morgan morgan@ marinelink.com Sales & Event Coordinator Michelle Howard mhoward@ marinelink.com Manager, Accounting Services Esther Rothenberger rothenberger@ marinelink.com Manager, Public Relations Mark O’Malley momalley@ marinelink.com Manager, Information Technology Services Vladimir Bibik bibik@ marinelink.com CIRCULATION Kathleen Hickey mtrcirc@ marinelink.com ADVERTISING Vice President, Sales and Marketing Rob Howard howard@ marinelink.com Tel: (561) 732-4368 • Fax: (561) 732-6984 Advertising Sales Manager Lucia M. Annunziata annunziata@ marinelink.com Tel: (212) 477-6700 • Fax: (212) 254-6271 Japan Katsuhiro Ishii • amskatsu@ dream.com Tel: +81 3 5691 3335 • Fax: + 81 3 5691 3336 L ast month I had the honor to attend a dinner at the residence of U.S. Navy Chief of Naval Operations Admiral Gary Roughead to engage in a discussion regarding Unmanned Underwater Systems, their application and future with the U.S. Navy. While the discussion among the 15 gathered industry leaders and senior Flag Officers was not fodder for publication, per se, it set my mind towards future applications of subsea technology in the military, commercial and scientific spaces. As any reader of this magazine should know, the U.S. mil- itary — and in fact militaries worldwide — are a prime source of funding and cre- ative driver of subsea technology. Based on the dinner and discussion, I am quite cer- tain the level of interest in underwater technologies from a military perspective will advance even more rapidly in the months and years to come. More on that in future editions. On the commercial side, the explosion and loss of Deepwater Horizon and subse- quent oil spill in the Gulf of Mexico will have an equally significant impact on our industry, as new rules and regulations enter force on just where, when, and more importantly ‘how’ oil companies go about the business of discovering and recovering natural resources in increasingly deep, hostile waters. The Deepwater Horizon event will be debated for years and remembered for gen- erations, as the name itself – much like the Exxon Valdez and the global advent of double hull tankers – will become forever linked to new regulations and procedures in the production of oil and gas in the offshore environment, and the new and improved technologies that will certainly emerge to enable future accidents to be dealt with more expediently. With that we offer the 5th Annual MTR100, our annual review and report on 100 leading companies in the subsea space. If the past four editions of the MTR100 is any indication, very shortly I expect to be inundated with comment and debate — which I sincerely welcome — on which com- panies are included (or not included). All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the pub- lishers. Marine Technology Reporter is published monthly except for February, August, and December by New Wave Media, 118 E. 25th St., New York, NY 10010-2915. Periodicals Postage at New York, NY and additional mailing offices. POSTMASTER: Send address changes to MARINE TECHNOLOGY REPORTER, 118 E. 25th St., New York, NY 10010-2915. Postmaster send notification (Form 3579) regarding undeliverable magazines to Marine Technology Reporter, 118 East 25th Street, New York, NY 10010. Publishers are not responsible for the safekeeping or return of editorial material. ©2010 New Wave Media. 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 Vol. 53 No. 6 ISSN 1559-7415 USPS# 023-276 www.seadiscovery.com Member Gregory R. Trauthwein • trauthwein@ marinelink.com • tel: 212-477-6700 Subscription: To subscribe please visit www.seadiscovery.com/subscribe editorial (© BP p.l.c.) 6 MTR July/August 2010