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TABLE OF CONTENTS VESSEL OF THE MONTH 8 18,000 TEU Containership Maersk makes its mark (again) on the maritime world. INSURANCE 24 Learn from Your Mistakes Making mistakes is OK; Repeating them is not. — by Rich DeSimone GOVERNMENT UPDATE 28 Payment of Ransom The situation is rarely clear or easy. — by Dennis Bryant EYE ON DESIGN 30 Advance Sloshing Knowledge MARIN spearheads LNG effort. — by Hannes Bogaert CLASS 32 BV Buys Insepetorate Class meets commodities inspection. — by Joe Keefe REPAIR & CONVERSION 36 Driving Grand Bahama Rotkirch is at the helm. — by Henrik Segercrantz ROUNDTABLE 46 Software Solutions Leaders discuss 2011 and beyond. — by Greg Trauthwein MIDDLE EAST UPDATE 54 Opportunity Amidst Turmoil Stability is (usually) a concern, but opportunities abound. — by Greg Trauthwein OFFSHORE WIND 58 Cable Layers Needed To enjoy the promise of offshore wind, new vessels needed. — by Genevieve Wheeler 18 Rich DeSimone is president of Travelers Ocean Marine. He can be reached at rich.desimone@travelers.com Brian Bannon is a partner in the Mar- itime, International Trade and Government Contracts practice group of Blank Rome LLP. Email: Bannon-B@BlankRome.com Dennis L. Bryant, Maritime Regulatory Consulting, Gainesville, FL Tel: 352-692-5493 Email: dennis.l.bryant@gmail.com Hannes Bogaert is researcher at MARIN, the Maritime Research Institute Nether- lands. Email: h.bogaert@marin.nl Joseph Keefe is the lead commentator of MaritimeProfessional.com. Additionally, he is Managing Editor of the new Maritime Professional print magazine. Email: keefe@marinelink.com Henrik Segercrantz is a Finnish Naval Architect with 30 years experience from the shipbuilding industry. Genevieve Wheeler is a renewables re- porter with ODS-Petrodata. She joined in 2008, with previous experience in publish- ing and journalism. Bruce Parker wrote The Power of the Sea. He has a PhD in physical oceanogra- phy from The Johns Hopkins University, and has served as Chief Scientist for the National Ocean Service. He is presently a Visiting Professor at the Center for Mar- itime Systems at the Stevens Institute of Technology. 32 36 54 Wheeler Bryant Segercrantz Bannon Wheeler Segercrantz DeSimone Wheeler 2 Maritime Reporter & Engineering News Also in this edition 12 Washington Watch 20 Recent Ship Sales 26 Legal Beat 42 Goltens Expands 54 Grandwelds Prospers 60 Bridge Technology 62 New Vessels 66 Book Review 68 Products 70 Directory 73 Buyer’s Guide 74 Classified 80 Ad Index SLOSHING TEST MARIN’s Hydro-Struc- tural Services (HSS) led part of this re- search by setting up a confidential and exclu- sive JIP, “Sloshel”, to- gether with Gaztransport & Tech- nigaz (GTT), BV and Shell. Ecole Centrale Marseille, ABS, Chevron, LR, DNV and ClassNK joined the project later on. See story page 30 1 2 3! CONTRIBUTORS
