Page 2: of Maritime Reporter Magazine (June 2005)

Annual World Yearbook

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Associate Publisher

Gregory R. Trauthwein • trauthwein@marinelink.com

Associate Editor • Jennifer Rabulan rabulan@marinelink.com

Technical Editor David Tinsley

Contributing Editor Dennis L. Bryant

Senior Maritime Counsel, Holland & Knight

Editorial Consultant James R. McCaul, president,

International Maritime Associates

PRODUCTION

Production Manager John Guzman guzman@marinelink.com

Asst. Production Manager Irina Tabakina tabakina@marinelink.com

ADVERTISING SALES

Senior Vice President, Sales

Rob Howard howard@marinelink.com

Tel: (561) 732-4368; Fax: (561) 732-6984

Senior Vice President, Sales

Brett W. Keil bkeil@marinelink.com

Tel: (561) 732-1185; Fax: (561) 732-8414

Vice President of Sales

Lucia M. Annunziata annunziata@marinelink.com

Classified Ad Sales

Dale L. Barnett barnett@marinelink.com

Sales Administration Manager

Tina Veselov veselov@marinelink.com

Manager, Accounting Services

Esther Rothenberger rothenberger@marinelink.com

Manager, Public Relations

Mark O’Malley momalley@marinelink.com

Sales Assistant

Nicole Sullivan sullivan@marinelink.com

Classified Sales Tel: (212) 477-6700

Manager, Information Technology Services

Vladimir Bibik bibik@marinelink.com

CIRCULATION mrcirc@marinelink.com

PUBLISHERS

John E. O’Malley

John C. O'Malley jomalley@marinelink.com

International Sales Operations

Managing Director, International Sales

TONY STEIN 12, Braehead, Bo'ness, West Lothian EH51 OBZ, Scotland, U.K.

Tel: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085

Germany/Switzerland

TONY STEIN stein@marinelink.com

Tel: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085

Japan

KATSUHIRO ISHII

Ace Media Service Inc., 12-6, 4-chome, Nishiike, Adachi-ku, Tokyo 121,

Japan, Tel: +81 3 5691 3335; Fax: + 81 3 5691 3336

Korea

JO, YOUNG SANG biscom@unitel.co.kr

Business Communications, Inc., Kwangwhamun P.O. Box 1916, Seoul, Korea

Tel: +82 2 739 7840; Fax: +82 2 732 3662

Scandinavia

ROLAND PERSSON/roland@orn.se

ÖRN MARKETING AB, Box 184, S-271 24 Ystad, Sweden

Tel: +46 411-184 00; Fax: +46 411 105 31

Spain

JOSE LUIS SEVA jlseva@viaexclusivas.com

Via Exclusiuas Albasanz, 14 Bis 3 a planta, 28037 Madrid, Spain

Tel: +34 91 448 76 22; Fax: +34 91 446 02 14

CHARLES E. KEIL, Vice President, International Operations 215 NW Third Street, Boynton Beach, FL 33435

Tel: +561-732-0312; Fax: +561-732-8063 24-hr Tel/Fax: +561-998-0313; Mobile Tel: +561-716-0338 e-mail: ckeil@marinelink.com

NEW YORK 118 E. 25th St., New York, NY 10010

Tel: (212) 477-6700; Fax: (212) 254-6271 e-mail: mren@marinelink.com Web: Internet: www.marinelink.com

FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435

Tel: (561) 732-1659 Fax: (561) 732-6984

MARITIME

REPORTER

AND

ENGINEERINGNEWS

Contents 2

Sa ving the

W or ld One Drop at a

Time

MariSan ®

Ballast and Wastewater

Treatment Systems

MEP has implemented Best Practices Technology for ballast and wastewater treatment with a comprehensive global distribution and service network.

It is MEP's mission to be the industry's leading innovator of technology that will spearhead the evolution of water treatment.

Marine Environmental

Partners, Inc. 3874 Fiscal Court, Suite 200

West Palm Beach, Florida 33404 • USA

Ph: 561-842-9900 • Fax: 561-842-9922

Email: mepi@mepi.net • www.mepi.net 78 42 26

Circle 269 on Reader Service Card

Tank Vessel Market 8 Moving Up Single Hull Phase Out

U.S. contemplates accelerating the single hull tank vessel phase out from 2015 to 2010.

Cruise 26 Stepping Back in Time

With the cruise market poised for a rebound, Mark Hilferty considers the evolution of cruise ship design.

Tankers & Bulkers 42 Approaching the Apex

As the tanker and bulker markets continue to surge, the ques- tion must be asked: When will it end? — by Sydney P. Levine

Shipbuilding 46 What Does “GBS” Mean to You?

Goal Based Standards (GBS) could mean a major change in the way in which ships are designed and built. — by William N.

France, Healy & Baillie

Country Report 54 UK: Still a Maritime Force

Historical prowess, government action and innovative product have helped U.K. companies to maintain a presence. 38 Statistics: World Fleet Development, Used Ship Prices & New Orders 68 Shipmanagment Q&A

MR JUNE 2005 #1 (1-8).qxd 6/3/2005 4:03 PM Page 4

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.