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2 Maritime Reporter & Engineering News • SEPTEMBER 2014 CONTENTS NUMBER 9 / VOLUME 76 / SEPTEMBER 2014 8 EXPORTING U.S. CRUDE Changing an outdated policy is a no-brainer. By Joseph Keefe 16 ROGUE WAVES Unpredictable and dangerous, new efforts are set on trying to understand and perhaps even predict rogue waves. By Dennis Bryant 38 FLOATING PRODUCTION SYSTEMS While the Offshore Floating Production Market has hit some head- winds, opportunities still abound. By Jim McCaul 46 CATERPILLAR’S DRIVE FOR POWER Dubbed a “German-American Success Story,” our editor in Ger- many reports from inside Caterpillar’s Kiel, Germany factory. By Peter Pospiech 50 MAKING A THRUST Joe Bekker’s Thrustmaster of Texas is growing again, striking a deal to bring waterjet manufacturing to the U.S. By Eric Haun 56 VICE ADMIRAL HILARIDES Vice Admiral William Hilarides, Commander, Naval Sea Systems Command, recently shared his vision for NAVSEA, challenges and opportunities, with MR’s navy insider. By Edward Lundquist 58 OPENING THE PIPELINE The proliferation of faster and cheaper maritime communications is helping to revolutionize life at sea. By Greg Trauthwein 16 52 30 LLNL Photo Photo: U.S. Navy 46 Photo: Fairweather LLC THE ARCTIC 24 ARCTIC INTERESTS Is the U.S. prepared legally and operationally to protect its Arctic interests? NO! By James B. Ellis II & Joan M. Bondareff 28 RUSSIAN REGISTER The Russians arguably have the most hands-on experience and investment in Arctic operations. Georgiy Bedrik, head of RS Business Development, explains. By Greg Trauthwein 30 OUT IN THE COLD While the Arctic offers many potential rewards, it is fraught with risk. By Greg Trauthwein Photo: Caterpillar 56 MR #9 (1-9).indd 2 9/5/2014 11:41:09 AM