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D on’t get me wrong, I really love my Jeep. However with gasoline prices again soar- ing — currently at $3.20 a gallon in the New York metro area — and the fact that I get at most 2.5 trips between my home on Long Island and my office in NYC, I’m starting to like it a little bit less. Consumer complaints aside, the oil and gas markets are motoring along as strong as ever, a feeling confirmed by the nearly 60,000 visitors who turned out in Houston earlier this month for the annual Offshore Technology Conference. Based on its roller coaster history, it would be foolhardy to put all eggs in the offshore basket. But most any marine company looking to expand should look no further than the offshore oil and gas market, as most companies serving the needs of these companies worldwide are reporting record business levels and full orderbooks. Another niche gaining strength is the military/port security markets, and this month marks the first installment of the monthly “Eye on the Navy” column authored by Anteon’s Edward Lundquist. Regular readers of Maritime Reporter probably know Mr. Lundquist’s name, as he has been a regular contributor to MR and sister publications MarineNews and Marine Technology Reporter for sev- eral years. Each month he’ll deliver a unique perspective and exclusive insights to trends in naval vessel construction. On the eve of one of my personal favorite small exhibitions, the Multi- Agency Combat Craft Conference (MACC 2006) scheduled for June 6-8 at the Naval Amphibious Base Little Creek in Norfolk, Va., we examine emerging designs and vessel offerings from the cadre of military and commercial patrol boatbuilders, starting on page 34. 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. 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. ©2005 Maritime Activity Reports, Inc. 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 ISSN-0025-3448 USPS-016-750 No. 5 Vol. 68 Subscriptions: One full year (12 issues) $34.00 in U.S.; outside of U.S. $55.00 including postage and handling. For subscription information, call 212-477-6700; fax: (212) 254-6271; or e-mail: mrcirc@marinelink.com MARITIME REPORTER AND ENGINEERINGNEWS Member Business Publications Audit of Circulation, Inc. 4 Leading Off 8 The Editorial Index 18 This Month in Navy History 28 Feature: Tyco Telecom 47 LNG Report 56 Products 58 Directory 62 Ship’s Store 63 Buyer’s Directory 64 Ad Index 66 Classifieds On the Cover: Pictured on the cover is he Nighthawk 38-ft. from Brunswick Commercial & Government Products. See the Combat Craft report starting on page 34. Editor’s Note www.marinelink.com trauthwein@marinelink.com On the Cover Circle 201 on Reader Service Card Coming in Maritime Reporter & Engineering News JUNE 2006 THE ANNUAL WORLD YEARBOOK Insightful reports on the Tanker, LNG, Bulker, Containership, Cruise Ship, Offshore and Workboat Markets • World Orderbook Statistics U.S. Flag Fleet Statistics Offshore Production Analysis & Statistics, and much more. JULY 2006 The Satellite Communications Edition Training & Education Maritime Security 2006 Diesel Engine Buyer’s Guide Latin America www.marinelink.com 6 Maritime Reporter & Engineering News MR MAY2006 #1 (1-8).qxd 5/9/2006 9:40 AM Page 8
