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Editor's Note It's the first of the year, which means the universe of prognosticators are in full bloom, weaving together new insights, analysis and predictions. Though I depend mightily on the power of numbers to help keep abreast of an ever-changing industry, I am becoming ever more wary of the "statistic." Perhaps more accurately, I am particularly skeptical of the proliferation of too many sources for official statistics, as a seeming flood of data and information serves to cloud rather than clarify. Increasingly, I find myself — both personally and professionally — falling back to tried and trusted sources of information, eschewing the urge to contin- ually ride on the hottest fad. This is not a general condemnation of everything new; far from it. Rather, it is a far more selective approach to information assimilation and use. When John J. O'Malley started Maritime Reporter & Engineering News (then known as Maritime Activity Reports) 65 years ago in 1939, "Timely News Condensed for the Executive" was the simple tagline that accompanied each edition. While the world has certainly changed from 1939 to 2004, I do believe that this simple mission remains the same today. Through the pages of Maritime Reporter & Engineering Neivs, sister publications MarineNews and the recently launched Maritime Security Sourcebook, as well as our family of Electronic information products that include MaritimeToday and The Shipbuilding Report {www.shipbuilding.com), the entire staff here aspires to bring to you ... on a daily, weekly and monthly basis ... fresh information, insight, analysis, data and yes, even statistics, that are designed to inform, enter- tain and ultimately, help you run your maritime business more effectively. As we celebrate our 65th year, I invite you to share with us your personal and professional stories that have made this industry, and this publication, such a unique success. On the Cover On the Cover: The Auto Express 86 for Canadian American Transportation Systems (CATS) rolling out of one of Austal's building halls in preparation for launch. Inset Photo: GE's 7FDM diesel engine. 17 Maritime Security 20 Australia 24 Design: Ferry Interiors 38 GE Makes a Strong Push 40 Q&A with Hapag-Lloyd 43 Marine Propulsion Directory 47 Simrad Co-Founder Dies 52 AIS Buyer's Guide 53 Buyer's Directory 56 Ad Index 57 Ship's Store 58 Classifieds Subscriptions: One full year (12 issues) S24.00 in U.S.; outside of U.S. S96.00 including postage and handling. For subscription information, con- tact: Dale Barnett, fax: (212) 254-6271; e-mail: barnett@marinelink.com MARITIME REPORTER AND ENGINEERING NEWS www.marinelink.com ISSN-0025-3448 USPS-016-750 NO. 1 Vol. 66 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; tax: (212) 254-6271 Founder: John J. O'Malley 1905 - 1980 Charles P O'Malley 1928 - 2000 Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at Periodicals Postage Rates at Waterbury, CT 06701 and additional mailing offices. Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 118 East 25th Street, New York, NY 10010. Canada Post International Publications Mail Product (Canadian Distribution) Sales Agreement No. 0970700. Printed in U.S.A. Publishers are not responsible for the safekeeping or return of editorial material. ©2004 Maritime Activity Reports, Inc. All rights reserved. No part of this publication may be repro- duced or transmitted in any form or by any means mechani- cal, photocopying, recording or otherwise without the prior written permission of the publishers. Member WBPA • INTERNATIONAL ® Business Publications Audit of Circulation. Inc. www.marinelink.com trauthwein@marinelink.com Other Printed & Electronic Products MarineNews Published 18 times per year, MarineNews is covers the North American inland/offshore shallow draft market. Marine Security Sourcebook Published four times per year, the definitive guide to marine security systems, products and services. The Shipbuilding Report Weekly electronic newsletter dedicated to delivering the world of Ship Repair News, Contracts and Data. Sample for FREE at www.shiprepairer.com 2003 Global Marine Directory CD More than 110,000 records... log onto www.marinelink.com and download a FREE SAMPLE. www.maritimetoday.com • Customized e-mail news service twice a day. www.maritimejobs.com • The marine industry's recruiting & employment resource. www.marinelink.com • The Internet's largest marine website, with over 270,000 "hits" Looking for service reliability, we deliver it. ABB Turbochargers AH New York/NJ, Miami, Houston, Seattle/Tacoma, Los Angeles - email: turbochargers@us.abb.com Circle 200 on Reader Service Card Maritime Reporter & Engineering News
