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Editor's Note Without a doubt, the historical richness of the maritime industry and the presenta-tion of such in these pages is the aspect of this job I enjoy most. The maritime industry's hallmark is a diverse, "colorful" past that has no equal, and in speaking with the individuals that have made and continue to make the indelible marks, I find common ties that help to bind all. This edition is the 65th Anniversary edition of Maritime Reporter & Engineering News, a testament to the perseverance of one company and its quest to service the industry with information as envisioned by John J. O'Malley in 1939. The company, much as the industry and the world, have undergone radical changes since the first edition of "Maritime Activity Reports" was published 65 years ago. While the look, the name and the masthead have changed many times, the steadfast goal of providing good, timely information for maritime executives has been a granite foundation upon which Maritime Reporter and its family of printed and electronic products has been built. Today Maritime Reporter stands with publications MarineNews and Maritime Security Sourcebook, as well as a diversity of electronic and on-line products including: The Shipbuilding Report (www.shipbuilding.com); MaritimeToday (www.maritimeto- day.com); www.marinelink.com;www.maritimejobs.com; www.maritimeequip- ment.com; and The Annual Maritime Directory on CD in an effort to fulfill that original vision. This edition was designed to deliver insights as to the evolution of the market over the last six-plus decades. While it is by no means a comprehensive account, you will find a diversity of topics, with discussions of how significant events shaped everything from Port Security to Training &C Education to the Inland Industry. While I am loath to pick a favorite, I must admit I have two ... starting on page 38 and 48 respectively. To me these article represent our industry's heart and soul. siWasmx/x Maritime Reporter celebrates 65 years of fulfilling the information needs of an industry. See special commemorative editorial section start- ing on page 24. (Cover Graphic: Diehard Grable) 4 Editorial Index 49 SNAME Preview 53 Buyer's Directory 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 trauthwein@niarinelink.com MARITIME REPORTER AND ENGINEERING NEWS www.marinelink.com ISSN-0025-3448 USPS-016-750 No. 8 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 V Business Publications Audit of Circulation, Inc. Looking for service reliability, we deliver it. ABB Turbochargers Coming in Maritime Reporter & Engineering News 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 November 2004 The Workboat Show Edition • The Electric Ship • Training & Education • Ship Repair & Conversion Technologies • Coatings & Corrosion Control • China ABB New York/NJ. Miami, Houston, Seattle/Tacoma, Los Angeles - email: turbochargers@us.abb.com Circle 272 on Reader Service Card 6 Maritime Reporter & Engineering News