View non-flash version
Editor's Note arine business in these Unit- ed States continues to get increasingly: A] Encouraging; B] Depressing; or C] Interesting, depending on who you talk to and at what time of day. The entire market, from inland to oceangoing, naval to commercial, is abuzz with activity. On the naval front, corporate intrigue has taken center stage as General Dynamics bids once again to acquire Newport News Shipbuilding. The major difference between the takeover attempt today versus the unsuccessful bid two years ago is the fact that Bill Fricks and the New- port News team is welcoming the offer, and all that remains is a thumbs up from shareholders and anti-trust concerns. Both parties, however, seem reasonably secure that the transaction will be completed in the third quarter, effectively creating a single source of nuclear submarine and aircraft construction in the U.S. General Dynamics, following the big defense consolidation surge, will domi- nate the U.S. shipbuilding market, owning four of the "Big Six" shipyards. On the commercial side, attention is adequately split between Washington D.C. and the Gulf of Mexico. In the nation's capital, industry proponents are pushing for the re-installation of $100 million in funding for the popular Title XI program, which had its funding cut by the new administration to next to nothing. In the Gulf, suppliers, builders and operators eagerly await the much-anticipated Offshore surge, which by all many accounts should start rolling strong by the end of 2001; beginning of 2002 lat- est. MARITIME REPORTER AND ENGINEERING NEWS NEW YORK 118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 e-mail: mren@marinelink.cam Internet: www.marinelink.com FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435 www. marine!in L com trauthwein@marinelink.com ASSOCIATE PUBLISHER Gregory R. Trauthwein • lraulhwein@marinelink.com EDITORIAL ADVERTISING SALES Senior Editor Vice President of Soles Regino P. Ciardiello • ciardiello@morinelink.com Lucia M. Annunziota • annunziato@marinelink.com Editorial Intern National Sales Manager Adrienne B. (robtree Robert C. Howard • howard@marinelink.com Tel: 1561) 732-3001: Fox: 1561) 737-6914 Technical Editor David Tinsley Regional Sales Manager Editorial Consultant Jennifer Truman • trumon@marinelink.com James R. McCaul, president, International Maritime Associates Regional Sales Manager MARKETING Brett W.Keil • bkeil@morinelink.com Vice President of Marketing Tel: 1561) 732-1185: Fox: 1561) 732-6984 Susan Cosme • cosme@morinelinl(.com Regional Sales Manager/Electronic Product Soles Marketing Manager • @morinelink.com Richard Grable • grable@marinelink.com Tel: (561) 732-4368: Fax: (208) 575-3217 Tel: (561) 732-1659, Fax: (561) 732-6984 Accounting Manager PRODUCTION Angelica Rivera • arivera@marinelink.com Production Manager Sharon Griffin • grilfin@marinelink.com Assistant to the Vice President of Sales Tina Angelino • angelino@morinelink.com Asst. Production Manager Classified Sales Oksano Morterny • mortemy@marinelink.com Tel: (212) 477-6700 CIRCULATION PUBLISHER Circulation Manager John E. O'Malley Dale L. Bornett • barnett@marinelink.com John C. O Molley • iomalley@marinelink.com Chief Financial Officer Al Adinolfi ©too3 Potato^ 0GDtooo@{] & fetomfte ftofcfe Publications Electronic Products & Services MarineNews MarineNews www.maritlnietoday.com ~=™ j Published 18 times per year, SIZZII Atomized e-mail news service deliv- MarineNews is the acknowledged 13 HE""" ered 0 da* includin!>,he la,est provider of information and j£H """ COn,mC,S'CaSUfll,ieS' pe0ple & COmp°" analysis for the North American ^ 1 ny repor,s- inland/offshore shallow draft mfcja market. SS&9QH www.maritimejobs.com l^rr" ™ ^he mDr'ne industry's recruiting & -15S=. i employment resource. • rgjjgff fffp Maritime Week " . . BEL www.marinelmk.com Published weekly, Maritime Week provides unequalled The Internet largest marine website, financial insights, reports, news and statistical analysis on 3- r ^ recording more than 270,000 "hits" the trends driving the international maritime business. Per month. Daily news, data & statis- •Sirlllp;' 3E tics, industry directories. Repair Report Looking for service reliability, we deliver it. ABB Turbochargers ASMP New York/NJ, Miami, Houston, Seattle/Tacoma, Los Angeles - email: turbochargers@us.abb.c 6 Circle 202 on Reader Service Card Maritime Reporter/Engineering News
