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Contents The 2003 World Yearbook 18 SECURITY AIS: Panacea or Pandora's Box Dennis Bryant considers the positives and negatives of the new push for AIS. 26 INLAND Seminars Aim to Ensure Compliance The Havnen Group's Charley Havnen discusses a new seminar series that his group, (along with The Maritime Group) will provide on new rules and regula- tions affecting the maritime industry. 34 HISTORY S.S. United States to Set Sail Again? Norwegian Cruise Lines announced plans to buy and refurbish one of the most revered vessels ever built in the U.S. Regina Ciardiello looks back, and forward, at this historic ship. 40 BULKERS Market Shaped by Regulation Will the double hull mandate esxtend to bulk carriers. 44 TANKERS Prestige ... A Charterer's Reaction BP Shipping's Noel G. Hart explains why the company is agressively building up its tanker fleet. 48 U.S. REPORT Need is There, Funds are Lacking H. Clayton Cook, Jr. closely examines the pressing needs and opportunities in the U.S. Maritime market. 54 U.S. NAVY LCS Leads the Way The Littoral Combat Ship program is one of the significant changes in U.S. Navy history. 62 PATENT PENDING Significant New Marine Innovations 68 ENVIRONMENT NOx Emissions from Merchant Ships 73 SALVAGE Adjusting to the New Order ASA's J. Arnold Witte identifies the five factors that changed the marine salvage business. 73 CUTTING & WELDING Thick Plate Cutting A Step Forward Dr. Bill O'Neill of the Institute for Manufacturing, University of Cambridge, U.K., explains how LASOX cuttting technology has made significant inroads into the marine market. 83 DATA & STATISTICS * In the Background: Enjoying the fruits of his labor. William Francis Gibbs (left) and his brother Frederic H. Gibbs. sit by the S.S. United States on May 14, 1952. (From the collection of the American Merchant Marine Museum, Kings Point, N.Y.) Up-To-Date. Reliable. Accurate. Validated. 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