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International Representatives Editor's Note Despite seemingly best efforts by world leaders, it appears that the wild gyrations which are the hallmark of the oil industry, will never truly be tamed. For proof, simply check out the Offshore Market report on page 32, which touts the "lingering $30+" barrel of oil. Between the writing of that piece and this one (about a week), OPEC leaders had met, decided to boost production seven percent and sent oil prices screaming down below the $25 level. While an immediate $5 per barrel price would normally spread doom throughout the GOM region and all of the various maritime industries which support it — it seems that confidence regarding a second-half2000 bounceback is still intact. OPECs recent actions were driven more by politics than anything else, as U.S. leaders implored them to boost production to ease consumer pricing and alleviate summer shortage fears. Suppliers, largely, have yet to see the traditional inquiries that would definitively mark the comeback, but enough positive signs abound — such as increased hiring at offshore service companies, steadily rising rig counts and hot stock valuations for many of the leading companies — to indicate the next boom is coming. While many of the yards in the GOM area are eagerly awaiting the return of the offshore and related business, Litton-Ingalls Shipbuilding in Pascagoula is quietly becoming the cruise capitol in the U.S. The company, which already has the United States Line fleet on its orderbook, announced a MOA signed with SeaAmerica Cruise Lines of Hollywood, Fla. to build a pair of 42,000- dwt, 1,000-passenger cruise ships, pending MarAd Title XI funding. Legal Beat columnists from Dyer Ellis & Joseph give MR/EN readers a Title XI update, including activity in the soaring ferry market, starting on page 14. INTERNATIONAL OPERATIONS CHARLES E. KEIL, Vice President 4400 N. Federal Highway, Sle. 121, Boca Raton, FL 33431 Telephone: +561-368 1021; Fax: +561-368-1161 24-hr Tel/Fax: +561-998-0313; Mobile Tel: +561-716-0338 Tony Stein, International Sales Manager 12, Braehead, Bo'ness, West Lothion EH51 0BZ, Scotland, U.K. Telephone: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085 Australia/New Zealand Tony Stein 12, Braehead, Bo'ness, West Lothian EH51 0BZ, Scotland, U.K. Telephone: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085 Argentina R. LESLIE RAMSAY Calle Pellegrini 173 Primer Piso, Departamento C 1009 Buenos Aires, Argentina Tel: +54 1 394 8821; Fax:+54 1 326 4377 Benelux PAULA TACQ Maritime Media ML Otweg 18 2771 VX Boskoop, Netherlands Te: +31 172 230707; Fax: +31 172 230708 Brazil JOSE DUARTE DOS SANTOS Multipla Agencial Martima, Ltda. Rua Carolino Rodrigues 28 Cuarto Andor, CEP-11055-070 Santos, Sao Paulo, Brazil Tel/Fax: +55 1 32 32 74 74 Central America EDUARD0 F. LOPEZ/ISELA BAZAN Transmarine Media Services, P.O. Box 8579, Balboa Ave., Panama 5, Panama Tel:+507 617 1469; Fax:+507 251 4794 China WANG ZE/XU XIAO FENG Uaoning Foreign Trade Advertising Corp. 2 Zhongshan Square, Dalian, China 116002 Tel: +86 411 2801924; Fax: +86411 2644606 Eastern Europe IVAN BERENYI/OLGAIVANOVA Pannonia Media Agency, 8630 Balatonboglar Radnoti Miklos u.l 4, Hungary Tel:+36 85 353 319; Fax: +36 85 353442 Egypt CAPTAIN TARIQM.0SMAN Osman Marine Media Co. Algamhoria St., P.O. Box 1248, Alkleej Bldg., Port Said, Egypt Tel: +20 66 340988; Fax:+20 66 325706 Germany/Switzerland HANSJORG BRANS Maritime Media Freiherr v. Stein Str. 24, D-63303 Dreieich, Germany Tel: +49 6103 697745; Fax: +49 6103 697743 Italy VITT0RI0 NEGR0NE Ediconsult Internozionale Piano Fontane Morose, 3-16123 Genoa, Italy Tel: +390 10 583684; Fax: +390 10 566578 Japan AKIOISHII Ace Media Service Inc. 12-6,4-chome, Nishiike Adachi-ku, Tokyo 121, Japan Tel:+81 3 5691 3335; Fax: + 81 3 5691 3336 Korea JO, YOUNG SANG Business Communicate, Inc. Kwangwhamun P.O. Box 1916, Seoul, Korea Tel:+82 2 739 7840; Fax: +82 2732 3662 Portugal/Gibraltar PAULO BREHM AZ Publiciadade Lda., Ruo Almirante Barroso, 52-1 D, P-1000 Usbon, Portugal Tel: +351 1 3142256; Fox: +351 1 3525157 Scandinavia STEPHAN R.G. 0RN/LE0N SCHULZ AB Stephan R.G. Orn, Box 184 S-271 24 Ystad, Sweden Tel:+46 411-184 00; Fax:+46 411 105 31 Singapore CATHERINE WONG The Euro-Asia Link, 20 Maxwell Road 07-18A Maxwell House, Singapore 069113 Tel:+65 3231025 Fax:+65 3237026,+65 4564610, South Africa FINN KVAMSDAHL Finn's Enterprises, Media Marketing Division P.O. Box 99,2250, Blinkpan, Republic of South Africa Tel/Fax: +27 13 2953 023 Spain JOSE LUIS SEVA Via Exdusiuas S.L C/Viriato, 69SC 28010, Madrid, Spain Tel: +34 91 448 76 22; Fax: +3491 4460214 Turkey NIHAT BOYTUZUN Kamera Corp., Cumhurlyet Cad. 257/3, Harblye 80230, Istanbul, Turkey Tel:+90 212 248 48 64; Fax:+90 212 230 36 97 United Kingdom MICHAEL J. DAMSELL Euromedia Ltd., P.O. Box 122, Hayward's Heath,West Sussex RH161YF, England Tel: +44 1444417360; Fax:+44 1444 410497 Don't think about power, get it. ABB Turbochargers AH ABB Turbocharger Co., North Brunswick (N.J.), call 24 hours: 732-932 6103 6 Circle 247 on Reader Service Card Maritime Reporter/Engineering News
