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2 Maritime Reporter & Engineering News • FEBRUARY 2014 CONTENTS NUMBER 2 / VOLUME 76 / FEBRUARY 2014 6 EDITORIAL The cruise industry continues its steady march forward. By Greg Trauthwein 10 FLOATING PRODUCTION UPDATE $136B in expenditure is forecast for Floating Production Units over the next fi ve years. By Jim McCaul 12 FLOATING LNG MARKET Signifi cant growth in the natural gas markets and export projects bodes well for the industry. By Amanda Tay 14 BWT TECHNOLOGY Managing ballast water treatment system costs, redundancy are key to ballast water convention compliance. By Bill Burroughs 16 GOVERNMENT UPDATE Preemption: It is time for the Coast Guard to defend the authority granted to it by Congress, the Executive Branch & the courts. By Dennis L. Bryant 18 TRANSFERRING RISK When it comes to insurance, taking the wrong path can sink your business. By Charlie Pugliese 24 YOU CAN RUN BUT YOU CAN’T HIDE Windward has melded satcom capability with software analytics for a powerful new tool to monitor ship movements. By Greg Trauthwein 26 CRUISE MARKET = STRONG GROWTH The $32B cruise industry is well positioned for strong growth globally. By Greg Trauthwein 28 IS THE WATER FINE? With shipborne illness a continued struggle for cruise ships, one company says it has a proven solution By Greg Trauthwein 30 TILLBERG Like the cruise ships he designs, Tomas Tillberg was built to stand the test of time. By Greg Trauthwein 32 MR @ 75: SS UNITED STATES A look at the creation and evolution of arguably the greatest ship ever built in the U.S., the passenger liner SS United States. By Patricia Keefe 40 MSC PREZIOSA MSC earlier this year received is new fl agship, and MR’s man in Brazil hopped onboard for a ride. By Claudio Paschoa IN THIS EDITION W indwar d 20 30 40 32 Charles Anderson and the SS United States Conservancy . MSC Meyer W eft / NCL 26 Tillber g Design MR #2 (1-9).indd 2 2/5/2014 11:33:16 AM