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MARITIME REPORTER AND ENGINEERING NEWS Editor's Note July, a time when the maritime industry tradition-ally slows to a crawl, is proceeding full-bore, fueled by activity and anticipation surrounding the implementation of MTSA and ISPS. While July 1 was still hours away as of this writing, it is expected that the deadline will not bring commerce in these United States, or around the world tor that matter, to a screeching halt. Simply put, we — as in the U.S., the world's leading trade hub — will not allow it. However, it is foolhardy for any company delaying the implementation of new required security measures to hesitate further. Make no mistake, the maritime security culture resulting from the terrorist attacks of 9/11 is here to stay, and it will be the companies that embrace the change and devise the means to use it for strategic advantage that will lead our industry for the next generation. While the Department of Homeland Security will exercise due diligence to ensure the world's leading economy is not unduly damaged solely in the name of security, it is an equally safe bet that companies and organizations that resist the call to comply will significantly damage their long-term prospects for profitability. Starting on page 41 of this edition you will find a special sec- tion entitled Maritime Security Compliance • 2004, meant to serve as a primer of sorts for those still fuzzy on the nuances of new security measures and their effect on the marine business. At press time it appears that port and port facilities lagged significantly in the security compliance race, according to statistics released by the International Maritime Organization and presented on page 41. While vessel owner rejoice in compli- ance, realize that a port or port facilities' non-compliance can and will serve to slow the shipping process, and should be examined thoroughly. They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety. Benjamin Franklin (Source: www.ushistory.org) On the Cover [maritime REPORTER AND ENGINEERING NEWS Pictured on this month's cover is U.S. Homeland Security Secretary Tom Ridge, who has been the very public face on everything security in the U.S. On the eve of July 1, 2004, Secretary Ridge and colleagues were making a strong push to get com- pliance in the critical maritime sector. See Maritime Security Compliance section starting on p. 41. 4 Editorial Index 16 CAD/CAM Report 34 Podded Propulsion 36 Marine Diesel Technical Guide 52 Buyer's Directory 55 Standardized Bulk Carrier Rules 56 Ad Index 57 Ship's Store 58 Classifieds Subscriptions: One full year (12 issues) $24.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscription information, con- tact: Dale Barnett, fax: (212) 254-6271; e-mail: barnett@marinelink.com www.marinelink.com ISSN-0025-3448 USPS-016-750 No. 7 Vol. 66 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (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. Publications Mail Agreement No: 40024966 Return Undeliverable Canadian Addresses to Circulation Dept. of DPGM 4960-2 Walker Road Windsor, ON N9A 6J3 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 BPA INTERNATIONAL w Business Publications Audit of Circulation, Inc. Looking for service reliability, we deliver it. ABB Turbochargers Coming in Maritime Reporter & Engineering News August 2004 65th Anniversary: Special Double-Sized Commerorative Edition • Marine Salvage • Inland Waterways • SatCom • Internet Resources Guidebook • Spain September 2004 The "Big 3" Show Edition 1. SMM • 2. SNAME • 3. U.S. Maritime Security Expo Plus: Marine Propulsion Annual • U.S. Ferry Market • Software Solutions October 2004 MEGAYACHTS* Marine Communications • U.S. Navy Quarterly • RIB Report Insulations, Pipes, Pumps and Valves • Finland AM New York/NJ, Miami, Houston, Seattle/Tacoma, Las Angeles - email: turbochargers@us.abb.com Circle 201 on Reader Service Card 6 Maritime Reporter & Engineering News