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6 Maritime Reporter & Engineering News • JULY 2014 SUBSCRIPTION INFORMATION Subscription Information in U.S.: One full year (12 issues) $84.00; two years (24 issues) $125.00 Rest of the World: One full year (12 issues) $110.00; two years $190.00 including postage and handling. Email: mrcirc@marinelink.com www.marinelink.com t: (212) 477-6700 f: (212) 254-6271 POSTMASTER: Send address changes to: Maritime Reporter & Engineering News, 850 Montauk Hwy., #867, Bayport, NY 11705. Maritime Reporter is published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offi ces. ISSN-0025-3448 USPS-016-750 No. 7 Vol. 76 Maritime Reporter/Engineering News (ISSN # 0025-3448) is published monthly by Maritime Activity Reports, Inc. 118 East 25th Street, New York, NY 10010. Mailed at Periodicals Postage Rates at New York, NY 10199 and additional mailing offi ces. Postmaster send notifi cation (Form 3579) regarding undeliverable magazines to Maritime Reporter & Engineering News, 850 Montauk Hwy., #867, Bayport, NY 11705. Publishers are not responsible for the safekeeping or return of editorial material. © 2014 Maritime Activity Reports, Inc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers. Check out our Websites: www.marinelink.com / www.maritimeprofessional.com / www.maritimepropulsion.com www.maritimejobs.com / www.marinetechnologynews.com / www.maritimeequipment.com www.marineelectronics.com / www.yachtingjournal.com / www.maritimetoday.com 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 Download our App iPhone & Android trauthwein@marinelink.com W hen the time comes to pull an edition together, sometimes the content simply takes on a life of its own, as is the case with the July 2014 edition and the prolif- eration of ‘gas’ throughout. While the advent of gas and all that this little word encompasses is hardly breaking news, to put it in context we literally are in the infancy of a historic course correction that will last generations. Following up on last month’s interview with Edward Scott, COO of Excelerate Energy (www.marinelink.com/news/excelerate-energy- year371540.aspx) this month Patricia Keefe, via the seventh installation of her “75th Anniversary” series of features for our pages, provides a top to bottom, inside and out profi le of the FLNG Prelude, a revolutionary technology taking shape in South Korea that raises the bar many times over in both the maritime and energy sectors. In a word this project is awesome in size and scope, as I think you will agree after reading the story which starts on page 30. While historic, the FLNG market does not start and end with Prelude, as Keefe notes in her article there is plenty of competition lining up to make the next, biggest splash. In fact, in Jim McCaul’s monthly report on the burgeoning Floating Production sector, he reports that recently a $1.2B FLNG has been ordered on spec. While the Floating Production market has been dented with the proliferation of shore-based oil and gas fi nds, the sector remains vibrant and appears to have long legs as the technology has im- proved to discover and recover resources that previ- ously were deemed impossible or uneconomical to develop. Find out more on this dynamic, growing and high-value sector courtesy of McCaul’s in- sights, starting on page 38. Now that it appears we have an abundance of cheap, clean fuel for the future, talk and action has turned to the use of LNG as a fuel for boats and ships. While the jury is still out on the breadth and depth that LNG will penetrate as a mainstream maritime fuel, it is plain for all to see (and feel, on the bottom line that is) that the mandate to make your marine operations cleaner and more environ- mentally benign is here, it is now, and it is only going to get more restrictive and expensive. Peter Pospiech, our technical contributor from Germany delivers an insightful look (starting on page 26) at Color Line and its efforts in retrofi t- ting its modern ferries with exhaust aftertreatment scrubber technology in its mission to meet and beat new emission rules. EDITORIAL GREG TRAUTHWEIN, EDITOR & ASSOCIATE PUBLISHER gas ... ... it is both the question & the answer ... MR #7 (1-9).indd 6 7/3/2014 11:20:53 AM
