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MaritimeProfessional18 | InsuranceWhen is a Ship Not a Ship? Does your insurance coverage Þ t your operation? By Christopher Cooke 16 | Maritime M&AFinancial Crisis to Present Day: Why the wild ride for company valuations? By Harry Ward 24 | Training & Recruitment Shipyards get creative in their approach to Þ nd-ing, training and keeping quali Þ ed ship Þ tters. By Joseph Keefe 30 | Opinion We Need to Save Our Ships. By Matt Paxton 43 | Energy is the Answer Damen looks offshore energy - both traditional oil and gas as well as wind - to build its future. By Eric Haun46 | 3D Laser ScanningFARO 3D laser scanning allows you to work in detail with 3D model shots of machinery spaces with increased accuracy and reduced costs. By Daryl Johnson 49 | Decision Support Tools Technology can drive risk management as mari- time professionals optimize security. By Luke Ritter 52 | Boundaries, Standards & Business of Integrity As maritime security evolves, so too is the need for increased and standardized professionalism in the ranks of Private Mari-time Security Companies. By Charlie Butterworth 8 | Editor?s Desk 9 | The List58 | Statistics 60 | Editorial Calendar61 | Shipyard Directory 64 | Advertiser?s Index Credit: FARO 242446433D Laser Scanning is helping maritime designers and builders with efÞ ciency gains. 4 I Maritime Professional I 4Q 2013MP #4 1-17.indd 4MP #4 1-17.indd 412/12/2013 2:42:27 PM12/12/2013 2:42:27 PM