Page 4: of Maritime Reporter Magazine (June 2013)

4 MARITIME REPORTER & ENGINEERING NEWS ? JUNE 2013 PUBLISHERSJohn E. O?MalleyJohn C. O?Malley  jomalley@marinelink.comAssociate Publisher & EditorGregory R Trauthwein  trauthwein@marinelink.com Contributing Editors Dennis L. Bryant Edward Lundquist Correspondents Joseph Fonseca, India Greg Knowler, China Claudio Pashoa, Brazil Peter Pospiech, Germany Editorial Consultant James R. McCaul President, International Maritime Assoc. Web Editor Eric Haun  haun@marinelink.comPRODUCTION Production Manager Irina Tabakina  tabakina@marinelink.comCORPORATE STAFF Manager, Accounting Esther Rothenberger  rothenberger@marinelink.com Manager, Public Relations Mark O?Malley  momalley@marinelink.com Manager, Marketing Jocelyn Redfern  jredfern@marinelink.com Manager, Information Vladimir Bibik  bibik@marinelink.com Technology Services CIRCULATION Circulation Manager Kathleen Hickey  mrcirc@marinelink.comSALESVice President of Sales & MarketingRob Howard  howard@marinelink.comNational Sales Manager Terry Breese  breese@marinelink.com - Tel: (561) 732-1185; Fax: (561) 732-8414 Sales Representatives Lucia Annunziata  annunziata@marinelink.com - Tel: (212) 477-6700; Fax: (212) 254-6271 Frank Covella  covella@marinelink.com - Tel: (561) 732-1659; Fax: (561) 732-8063 Mitch Engel  engel@marinelink.com - Tel: (561) 732-0312; Fax: (561) 732-8063 Mike Kozlowski  kozlowski@marinelink.com - Tel: (561) 733-2477; Fax: (561) 732-9670 Dawn Trauthwein  dtrauthwein@marinelink.com - Tel: (631) 472-2715; Fax: (631) 868-3575 Jean Vertucci  vertucci@marinelink.com - Tel: (212) 477-6700; Fax: (212) 254-6271 Sales Administration Rhoda Morgan  morgan@marinelink.com & Of ce Manager Sales & Event Coordinator Michelle Howard  mhoward@marinelink.com Classi ed Sales Manager Dale Barnett  barnett@marinelink.com Scandinavia Roland Persson  roland@orn.nu Orn Marketing AB, Box 184 , S-271 24 Ystad, Sweden Tel: +46 411-184 00 ; Fax: +46 411 105 31 Western Europe Uwe Riemeyer  riemeyer@intermediapartners.de Tel: +49 202 27169 0 ; Fax: +49 202 27169 20 United Kingdom Paul Barrett  ieaco@aol.com Hallmark House, 25 Downham Road, Ramsden Health, Essex CM11 1PU UK Tel: +44 1268 711560 M: +44 7778 357722 ; Fax: +44 1268 711567 Japan Katsuhiro Ishii  amskatsu@dream.com 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  biscim.co.kr Business Communications Inc., Rm 1232, Gwanghwamoon Of cia Bldg., 163, 1-Ga, Shinmoon-Ro, Jongro-Gu, Seoul, Korea 110-999 Tel: +82 2 739 7840 ; Fax: +82 2 732 3662 www.marinelink.com Business Publications Audit of Circulation, Inc. MemberNEW YORK118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700  Fax: (212) 254-6271 e-mail: mren@marinelink.comWeb: www.marinelink.com FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435Tel: (561) 732-4368; Fax: (561) 732-6984 CONTENTSMR DIGITAL 8 MAERSK HIKES RATES: REALLY? Though the containership market continues to get crushed with overcapacity issues, the global giant seeks to bump rates up.By Greg Knowler GOVERNMENT UPDATE 14 WHY TWIC? GAO Þ nds it is broken; now the question is: Can TWIC be Þ xed? By Dennis BryantINSURANCE 16 CARGO MORPHS AS EXPORTS SOAR The world is back in business, with U.S. exports hitting $1.55T in 2012, up 46% from the low water mark in 2009. By Brendan Dunican LEGAL BEAT 18 GLOBAL SANCTIONS UPDATE: IRAN (AGAIN)Iran continues to dominate U.S. sanctions headlines.By Barbara D. Linney & Kevin J. MillerARCTIC BOUND 22 OPENING THE ARCTIC FOR BUSINESS The time is now for the development of the Trans Arctic Shipping Route.By Joseph N. Fields IIITRAINING & EDUCATION 30 SAILSAFE: BC FERRIES? SAFETY INITIATIVE BC Feries cut time loss injuries in half, reduced serious injuries 67% and slashed annual insurance costs 75%.By Murray Goldberg 621826MR #6 (1-9).indd 4MR #6 (1-9).indd 45/31/2013 12:04:42 PM5/31/2013 12:04:42 PM