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MARITIME REPORTER AND ENGINEERING NEWS Contents 17 Government Update SHOW ME THE (grant) MONEY! Dennis Bryant laments that politics, as usual, may be the cause for a bottlenecking of federal security funding to the marine industry. 20 Navy & USCG Integrated Deepwater System Update Rear Adm. Patrick M. Stillman, a driving force behind the delivery of the USCG's historic transformation, updates MR on the $17 billion project. 26 GOM Report When will the Drilling Start Again? Is the drilling market's current trough driven by real or imag- ined conditions ... or both. Larry Pearson explores, citing some positive indicators for a recovery sooner than later. 28 Investment in Design Build it... but will they come? Vosper Thornycroft has created a state-of-the-art production facility within Portsmouth Naval base. But what will fill the shop? David Tinsley explains. 33 Cruise Market S.S. Norway: The Aftershock The explosion aboard S.S. Norway raises new questions about old ships. — by Regina P. Ciardiello 41 In Memory: Lester Rosenblatt 46 2003 DIESEL ENGINE GUIDE From Sat/ Fo MidWest Sales Office Wisconsin Northeast Sales Office New York SeaArk Has You Covered. NO MATTER WHAT YOUR LOCATION, SEAARK HAS A SALES OFFICE NEAR YOU. SeaArk Marine manufactures all-welded aluminum work and patrol boats from 17 to 85 feet in length. SeaArk's sales staff has a combined total of 163 years experience in the boat building industry. Our extended sales force has the expertise and commitment to customer satisfaction that keeps our customers coming back again and again. West Coast Sales Office California Southeast Sales Office North Carolina FSS Contractor m m? SEAARK MARINE The only thing stronger than our boats is the knowledge and dedication of our people! Call us today to discuss your requirement. P.O. Box 210, Monticello, Arkansas 71657 PHONE: 870-367-9755 - FAX: 870-367-2120 E-mail: sales@seaark.com — www.seaark.com Circle 249 on Reader Service Card NEW YORK 118E. 25th St., New York, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 e-mail: mren@marinelink.com • Web: Internet: www.marinelink.com FLORIDA • 215 NW 3rd St., Boynton Beach, FL 33435 Associate Publisher Gregory R. Troulhwein • trauthwein@marinelink.com EDITORIAL Managing Editor • Regina P. Ciardiello • ciardiello@marinelink.com Associate Editor • Jennifer Rabulan * rabulan@marinelink.com Technical Editor • David Tinsley Contributing Editor • Dennis L. Bryant, Senior Maritime Counsel, Holland & Knight Editorial Consultant • James R. McCaul, president, International Maritime Associates PRODUCTION Production Manager Michael Lowe • lowe@marinelink.com Asst. Production Manager Irina Tabakino • labakina@morinelink.com CIRCULATION Circulation Manager Dale L. Barnett • bornett@marinelink.com ADVERTISING SALES Vice President of Sales Lucia M. Annunziata • annunziota@marinelink.com National Sales Manager Rob Howard • howard@marineiink.com Tel: (561) 732-4361; Fax: (561) 732-6984 North American Sales Manager Brett W. Keil • bkeil@marineiink.com Tel: (561) 732-1185; Fax: (561) 732-8414 Director, New Business Development Jean Vertucci • vertucci@marinelink.com Marketing Manager Richard Grable • grable@marinelink.com Tel: (561) 732-1651; Fax: (561) 732-6984 Manager, Information Services Tina Angelino • ongelino@marinelink.com Manager, Accounting Services Esther Rotbenberger • rothenberger@marinelink.com Manager, Advertising Services Kristen O'Malley • omalleY@morinelink.com Sales Assistant Elizabeth Singh • iingh@morinelmk.com Classified Sales • Tel: (212) 477-6700 Manager, Web Services Rostislav Sakhnovskiy • sokhnovskiY@marinelink.com Manager, Information Technology Services Vladimir Bibik • bibik@marinelink.com PUBLISHERS John E. O'Malley John C. O'Malley • jomalleY@marinelink.com International Sales Operations Managing Director, International Sales TONY STEIN 12, Braehead, Bo'ness, West Lothian EHSl 0BZ, Scotland, U.K. Tel: +44 (0) 1506 822240; Fax: +44 |0) 1506 828085 CHARLES E. KEIL, Vice President, International Operations 215 NW Third Street, Boynton Beach, FL 33435 Tel: +561-732-0312; Fax: +561-732-8063 24-hr Tel/Fax: +561-998-0313; Mobile Tel: +561-716-0338 e-mail: ckeil@marinelink.com Germany/Switzerland TONY STEIN Tel: +44 10) 1506 822240; Fax: +44 (0) 1506 828085 Japan KA15UHIR0 ISHII Ace Medio Service Inc., 12-6, 4-chome, Nishiike, Adachi-ku, Tokyo 121, Japan, Tel: +81 3 5691 3335; Fox: + 81 3 5691 3336 Korea JO, YOUNG SANG Business Communications, Inc., Kwangwhamun P.O. Box 1916, Seoul, Korea Tel: +82 2 739 7840; Fax: +82 2 732 3662 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:+46411 105 31 Spain JOSE LUIS SEVA Via Exdusiuos S.L., C/ Viriato, 69 SC, 28010, Madrid, Spain Tel: +34 91 448 9136; Fax: +34 91 446 0214
