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6 Maritime Reporter & Engineering News EDITOR’S NOTE L loyd’s Register, which is celebrating its 250th an- niversary this year, held a reception recently at the New York Yacht Club in Manhattan. To put its age in perspective — as LR chairman David Moorhouse gen- tly needled the American crowd in his welcoming remarks — Lloyd’s Register, founded in 1760, is older than the United States. It was here that I had the opportunity to catch up with Tim Protheroe, President of LR North America, to discuss the industry in general; specifically how the dour world economy is affecting the business of class. While the world certainly has changed since LR came to being in 1760, and has had more than its fair share of undulations, it is refreshing to see such a storied organization that to this day is firmly grounded in its founding principles, which at its heart is safety, specifically investing its time, money and resources to fulfil Lloyd’s Register’s mission: to protect life and property and advance transportation and engineering education and research. Protheroe said that while the world economy may have come to a standstill, the ava- lanche of new rules and regulations regarding the construction and operation of vessels has not missed a beat, and today more than ever shipowners count on class to help them navigate the increasingly complex web. It was there with Tim, and here with you, that I’m pleased to announce a new project for 2011 from the publishers of Maritime Reporter & Engineering News, the publica- tion of a new quarterly magazine — Maritime Professional — based on the over- whelming success of our MaritimeProfessional.com, which debuted in October 2010 and to date, less than 12 months later, has more than 10,000 members. While the title is new, the names are not, as Managing Editor Joseph Keefe (jkeefe@marinelink.com) takes the lead on this spin-off, presenting a unique and insightful presentation of the maritime industry and the professionals that make it run. In step with Pretheroe’s com- ments, the first edition, scheduled to publish in March 2011, is dedicated to MARITIME RISK and all that it entails. 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Maritime Reporter & Engineering News welcomes the youngest SNAME Member to its pages: Reid John Burgess, son of Kristen (O’Malley) and Peter Burgess, first grandson of John C. O’Malley, publisher, Maritime Reporter & Engineering News. For full details on SNAME’s 2010 Annual Meeting, turn to page 54.
