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MN#10 Cover REPLACEMENT.Qxd داداﻧﻧﺸﻨﺎﺸﻨﺎﻣﻪﻣﻪ ﻣﻣﺮﺮﻛﻛﺰﺰ ﺗﺗﺤﺤﺤﻘﻘﺤﻘﻘﻴﻴﻘﻘﺎﺎتﻘﺎتت 9/17/08 1:39:14 PM 1:39:14 9/17/08 ack anything near the confluence ents att of the Atla urr ntic, t c ho Pac if most violent waters. So t se waiting at so ific sw ld’s me f an T r ara d H ly o w I l w ay nd E ta e po ia A u h r n N r t t w O W b i ce t T s te ll a i A t a w n t R I o s. h C . ig rr I T e v y t f e I c l fe v C n a e e e n s l r C ie s s y I c m a no R s e bo n C n h u re a U o t t sp u M c p th o ti P o l e ns c O n e h ib . a L s h a ilit do l AR a o za y fo we m C t h t rd r lif hy il U i s s e. Which is w e R nd u al y. , w RE , a n l m wa e NT CE o arine the e IS A F ID FOR ly rs face along ar RIG re n t ho he t s w rust of captain MR-A-BRND-1-09_08_MARNWS.indd 1 MR-A-BRND-1-09_08_MARNWS.indd JEPPESEN.COM Jeppesen—A Boeing Company MN#10 C2 C3 & C4.qxd 9/18/2008 11:30 AM Page 1 Page AM 11:30 9/18/2008 C4.qxd & C3 C2 MN#10 MN#10 (1-16).qxd 9/25/2008 1:54 PM Page 1 MN#10 (1-16) REPLACEMENT.qxd 10/2/2008 11:02 AM Page 2 contents October 2008 • Number 10 • Volume 17 Briefs 8 Tech File Porsche to Design Megayacht 8 pg 10 Insights Matt Mullett, Managing Partner All American Marine 8 12 Boat of the Month Foss Hybrid Tug • Columns • 18 Legal: Marine Insurance • What do you really need? • By Lawrence R. DeMarcay, III 22 20 O&G: The Next Best Time is Now • The time to have planted the tree was 10 years ago • By Don G. Briggs 18 22 Cummings: Spill Presents Troubling Portrait Spill prompts Coast Guard to begin a targeted enforcement campaign. • • By Congressman Elijah E. Cummings • Features • 24 Superyacht Market Stays Strong • The vibrant market exhibits definite trends and growing pains. 24 24 • by Roger Marshall, U.S. Editor, The Yacht Report • 32 “Overnight Success” • Trininty boasts growth and a United States Olympian. • by Matt Gresham • 38 A Tale of Tugs of Two Cities • Even in economic peril, there was a good turnout for two tugfests. • by Don Sutherland • • Departments • 52 44 People & Companies 44 49 By the Numbers 50 Technology Bits • 55 Directory: Software • 2 MN October 2008 MN#6 (1-16).qxd 6/3/2008 3:49 PM Page 3 MN#10 (1-16) REPLACEMENT.qxd 10/1/2008 4:27 PM Page 4 MarineNews On the Cover ISSN#1087-3864 USPS#013-952 Florida: 215 NW 3rd St., Boynton Beach, FL 33435 tel: (561) 732-4368; fax: (561) 732-6984 New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 Pictured on this www.marinelink.com month’s cover is John Publisher John C. O’Malley • [email protected] Dane III president and Associate Publisher & Editor Greg Trauthwein• [email protected] CEO of New Orleans- based Trinity Yachts Managing Editor Jennifer Rabulan • [email protected] LLC. Dane, who compet- Contributing Writers Don Sutherland • Matt Gresham • Raina O. Clark ed in the 2008 Frederick B. Goldsmith • Richard Paine • Ken Wells Randy O’Neill • Lawrence R. DeMarcay, III Olympics as the oldest Don G. Briggs • Kevin Gilheany United States Olympian, sailed the ADVERTISING Star class keelboat. Director of Sales Rob Howard • [email protected] Vice President of Sales Lucia Annunziata • [email protected] Tel: 212-477-6700 Fax: 212-254-6271 Advertising Sales Managers Scott Good • [email protected] Patrick Haley • [email protected] Coming in Future Editions Tel: 561-733-2477 Fax: 561-732-8063 Tel: 561-732-1185 Fax: 561-732-8414 Dawn Trauthwein • [email protected] Tel/Fax: 631-868-3575 Novemer 2008 Managing Director, Intl. Sales Tony Stein • [email protected] Tel/Fax: +44-1506-822240 WORKBOAT SHOW EDITION Classified Advertising Sales • Maritime Security Marine Marketplace Dale Barnett • [email protected] • Monitoring & Control Systems Tel: 212-477-6700 Fax: 212-254-6271 • Ribs & Patrol Craft Advertising Sales Administration Sales Administration Manager Tina Veselov • [email protected] Marketing Administration Kami Accursio • [email protected] December 2008 PRODUCTION Great Boats of 2008 Production Manager Irina Tabakina • [email protected] • Training & Education: Simulartors Manager, Information Technology Vladimir Bibik • [email protected] • Bilge, Ballast & Wastewater Systems Manager, Accounting Services Esther Rothenberger • [email protected] Manager, Public Relations Mark O’Malley • [email protected] Circulation Manager Kathleen Hickey • [email protected] Coming in 2009! Read the entire 2009 Editorial Plan for TO SUBSCRIBE: MarineNews on page 35. Subscriptions to Marine News (12 issues per year) for one year are available for $29.00; Two years (24 issues) for $44.00. Send your check payable to: MarineNews, 118 E. 25th St., New York, NY 10010. For more information call Rhoda Morgan at: (212) 477-6700; fax: (212) 254-6271; [email protected] MarineNews is published monthly, 12 times a year by Maritime Activity Reports, Inc., 118 East 25th Street, New York, N.Y.10160-1062. The publisher assumes no responsibil- ity for any misprints or claims and actions taken by advertisers. The publisher reserves the right to refuse any advertising. Contents of this publication either in whole or in part may POSTMASTER Time Value Expedite not be reproduced without the express permission of the publisher. POSTMASTER: Send address changes to MarineNews,118 East 25th Street, New York, N.Y.10160-1062. MarineNews is published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing offices. Canada Post International Publications Mail Product (Canadian Distribution) Sales Agreement No. 0970700. Printed in U.S.A. 4 MN October 2008 MN#10 (1-16).qxd 9/29/2008 10:17 AM Page 5 >>OUT NOW! Special CAE Report for the Marine Industry FEATURING: • STAR-CCM+, leading Computational Fluid Dynamics (CFD) software • Ship design, including validation of hull performance and propulsion systems • Luxury and racing yacht design, including America’s Cup yachts Visit us at: • Canoe design, including optimization of canoes for the Olympic Games SNAME • Submarine maneuvering simulations and modeling of underwater explosions • Design of a hurricane resistant offshore platform Maritime Technology • Dynamic Fluid Body Interaction (DFBI) BOOTH 314 • Simulation of a lifeboat launching under storm conditions October 15-17, 2008 • CD-adapco’s collaboration with classification societies Houston, TX & LOTS MORE! Aker Yards Marine, BMW Oracle Racing, Cape Horn Engineering, DCN Propulsion, DNV, Germanischer Lloyd, Lockheed Martin, HSVA, Office of Naval Research, Plastex Composite, ROLLA Research, US Naval Surface Warfare Center, Voith Turbo Schneider Propulsion, Wartsila… To receive your free copy, visit: www.cd-adapco.com/marinereport Enter promotion code: MN1008 www.cd-adapco.com MN#10 (1-16) REPLACEMENT.qxd 10/1/2008 4:28 PM Page 6 editorial An Olympic Tale to Tell love a good story, and having served the information- al needs of the maritime industry for more than 16 Iyears, it never ceases to amaze me where you can find them. Last month, as we were finishing production of the 115th Anniversary Edition for the Society of Naval Architects & Marine Engineers, I was sitting in Phil Kimball’s office at SNAME headquarters in New Jersey when he relayed to me an article he read about John Dane — head of Trinity Yachts — and his participation in the 2008 Summer Olympics, at 58 the oldest ever to compete from the U.S. Interest picqued, we set Matt Gresham on a course to track down Dane and get some insights on the Olympic experience ... and to also explore the business at hand at Trinity Yachts, one of the county’s most progressive builders of luxury yachts! (see report starting on page 30). Despite a historic economic meltdown, the market for Gregory R. Trauthwein large, luxurious yachts continues to expand, just not as Editor & Associate Publisher rapidly as it had two years ago, according to a contributed tel: 212- 477-6700 report by Roger Marshall, U.S. Editor, The Yacht Report, Email: [email protected] which you can read starting on page 24. SUBSCRIBE Subscribe to the print or electronic edition of MarineNews at www.marinelink.com/renew- At press time Congress was balking at a $700 billion subscr/Renew04/subscribe.html or e-mail Kathleen Hickey at [email protected] bailout of Wall Street, and with the stock market and oil DAILY NEWS via E-MAIL Twice every business day we provide breaking news, tailored to your specification, deliv- prices falling, it’s anybody’s guess as to what this market ered FREE directly to your e-mail. To subscribe visit http://maritimetoday.com/login.aspx will look like next week, let alone next year. POST & SEARCH JOBS Job listings are updated daily and help match employers with qualified employees. Post a For now, enjoy these two reports, which provide some position or keep abreast of new employment opportunities at valuable insights to both sides of the market. http://www.maritimejobs.com ADVERTISE MN offers a number of print and electronic advertising packages.
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