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$600 million (14.3X EBITDA) in part for access to environmental technol- ogy and equipment. A subsidiary of oil rig builder Keppel recently acquired a 49.9% stake in OWEC Tower, a pro- ducer of wind turbine foundations, for $11 million. In services, JF Lehman & Co acquired much of Seacor Hold- ings’ environmental and spill response business for $97 million in an all cash transaction. An additional environmen- tal-driven trend to watch for in coming years will likely be the consolidation of smaller vessel owner-operators with limited capital and management capac- ity to meet demands such as diesel emis- sions standards. Outlook Despite some positive signs early in 2012, projections of economic growth and even stability vary considerably. European fi nancial troubles are far from settled, though most US economists are confi dent that the European sovereign debt crises can be contained. Slowly, maritime trade and investment are re- building across the world. Interesting shifts in capital fl ows and deal-making refl ect trends ranging from economic growth in developing countries to en- vironmental changes and the associated regulations. The McLean Group will continue to analyze and report on this narrow niche of maritime M&A activity as players across the world vie to sur- vive and grow into 2012. The Author Harry Ward leads the Transportation and Logistics practice at The McLean Group, a middle market investment bank based in the Washington, DC area. He is a US Naval Academy graduate and has executive management experience in the maritime equipment industry. Please contact Harry with questions or requests at hward@mcleanllc.com or 757-613-0476 Marine Design EngineerMarine Design Engineer Provide engineering analysis and drafting services to support Marine Production for the construction of steel ovide engineering analysis and drafting services to support Marine P oduction for the construction of steel hull barge. Proficiency in AutoCAD is required; experience with ShipConstructor software is desired. Have hull barge. P oficiency in AutoCAD is required; experience with ShipConstructor software is desired. Have good verbal and writing communication skills. Four-year college graduate with a bachelor degree in naval good verbal and writing communication skills. F ur-year college graduate with a bachelor degree in naval architecture, marine engineering, or mechanical engineering. Minimum of 3 years experience in shipbuild-architecture, marine engineering, or mechanical engineering. Minimum of 3 years experience in shipbuild- ing industry is required. Please send cover letter and resume to: ing industry is required. Please send cover letter and resume to: hrgund@gbrx.comhrgund@gbrx.com Equal Opportunity EmployerEqual Opportunity Employer Marine Drafter IMarine Drafter I Assist Engineers to design vessel structure, piping, machinery, and outfitting details. Develop 2D/3D Assist Engineers to design vessel structure, piping, machinery, and outfitting details. Develop 2D/3D AutoCAD detail drawings. Assist in providing part details, nesting plans, and CNC coding for the burning AutoCAD detail drawings. Assist in providing part details, nesting plans, and CNC coding for the burning alley. Two years of technical training in manual and AutoCAD drafting. A minimum of two years AutoCAD alley. Two years of technical training in manual and AutoCAD drafting. A minimum of two years AutoCAD drafting experience. Knowledge of using ShipConstructor or other 3D modeling software will be a plus. drafting experience. Knowledge of using ShipConstructor or other 3D modeling software will be a plus. Marine industry experience is not required but will be considered a plus. Have good verbal and writing Marine industry experience is not required but will be considered a plus. Have good verbal and writing communication skills. Please send cover letter and resume to: communication skills. Please send cover letter and resume to: hrgund@gbrx.comhrgund@gbrx.com Equal Opportunity EmployerEqual Opportunity Employer Gunderson MarPro May12.indd 1 4/26/2012 2:49:21 PM www.maritimeprofessional.com | Maritime Professional | 59 MP #2 50-64 NEW STYLES.indd 59 5/4/2012 6:32:03 PM