Page 6: of Maritime Reporter Magazine (May 2015)

The Marine Propulsion Edition

Read this page in Pdf, Flash or Html5 edition of May 2015 Maritime Reporter Magazine

EDITORIAL

MARITIME

REPORTER

AND

ENGINEERING NEWS

M A R I N E L I N K . C O M

HQ 118 E. 25th St., 2nd Floor

New York, NY 10010 USA

Tel +1 212 477 6700

Fax +1 212 254 6271 www.marinelink.com

FL Of? ce 215 NW 3rd St

Boynton Beach, FL 33435-4009

Tel +1 561 732 4368

Fax +1 561 732 6984 ... across the seas &

Publishers

John E. O’Malley

John C. O’Malley jomalley@marinelink.com around the world ...

Associate Publisher/Editorial Director

Greg Trauthwein trauthwein@marinelink.com

Vice President, Sales

Rob Howard howard@marinelink.com

GREG TRAUTHWEIN, EDITOR & ASSOCIATE PUBLISHER

Web Editor

Eric Haun haun@marinelink.com

Web Contributor

Michelle Howard howard@marinelink.com orwegians are seafarers, with maritime and is rapidly on the rise, creating problems such as dwindling

Editorial

George Backwell - Thailand; offshore oil and gas tightly woven into the international cooperation and a spike in the number of global

Joseph Fonseca - India

Claudio Paschoa - Brazil

DNA of this population of more than ? ve mil- refugees, problems that will resonate across the maritime sec-

Peter Pospiech - Germany lion. On the eve of Norshipping 2015, which is tor for many years.

Production personally my twelfth Norshipping since 1993,

N

Irina Tabakina tabakina@marinelink.com

Nicole Ventimiglia nicole@marinelink.com the Norwegian Shipowners Association (NSA) released its 2. General economic stagnation ... except in

Corporate Staff annual “Maritime Outlook” report. Full insights on its ? ndings North America ...

Mark O’Malley, Public Relations

Esther Rothenberger, Accounting start on page 42, and you can pick up the entire 126 page re- In tandem with and exclusive of the ? rst point, many of the

Gabby DelGatto, Of? ce Manager port online courtesy of the link provided in the story. I highly world’s major economies are still stalled in the wake of the

Information Technology

Vladimir Bibik recommend a thorough read, as I believe the insights and global economic meltdown and lingering economic malaise

Emin Tule

Christopher Lee projections contained within can be extrapolated and applied of 2008. Seven years later, North America is one of the major

Subscription to most anyone doing business in the maritime and offshore economic bright spots, which is why the NSA counts the

Kathleen Hickey k.hickey@marinelink.com

O&G sectors. To boil it down in a couple of salient points: United States, Canada and Mexico as its top three countries

Sales

Lucia Annunziata annunziata@marinelink.com for projected growth in 2015.

+1 212 477 6700

Terry Breese breese@marinelink.com 1. The world is crazy, and it seemingly is only going +1 561 732 1185

Frank Covella covella@marinelink.com to get crazier. If you’ve never taken the opportunity to visit the Norship- +1 561 732 1659

Mitch Engel engel@marinelink.com

At a glance, one might surmise that oil prices in the $50 to ping exhibition, I highly recommend the experience as I +1 561 732 0312

Mike Kozlowski kozlowski@marinelink.com $60 range posed the biggest near term threat to the health and consider it to be one of the three best maritime exhibitions in +1 561 733 2477

Dawn Trauthwein dtrauthwein@marinelink.com welfare of Norway, given its stature as one of the world’s pre- the world. While Norway is the showcase, the event is packed +1 631 472 2715

Jean Vertucci vertucci@marinelink.com miere oil producing nature, and the overall importance of off- with global maritime leaders from the ship owning, shipbuild- +1 212 477 6700 shore energy to its government’s and corporation’s treasuries. ing, ship equipment and service supply sectors, and from the

International Sales

Scandinavia

While subdued oil prices are a concern, it doesn’t even make preliminary view of the event for 2015 (http://www.messe.no/

Roland Persson roland@orn.nu

Orn Marketing AB, Box 184 , S-271 24 the “Top 3” in terms of the big picture. Increasing tension nor-shipping), all signs point to another successful week of

Ystad, Sweden t: +46 411-184 00 f: +46 411 105 31 and growing political instability in several key world regions business and networking in Oslo.

Western Europe

Uwe Riemeyer riemeyer@intermediapartners.de t: +49 202 27169 0 f: +49 202 27169 20

United Kingdom

Paul Barrett ieaco@aol.com

Hallmark House, 25 Downham Road, Ramsden

Health, Essex CM11 1PU UK t: +44 1268 711560 m: +44 7778 357722 f: +44 1268 711567

Japan

Katsuhiro Ishii amskatsu@dream.com

Ace Media Service Inc., 12-6, 4-chome, Nishiike,

Adachi-ku, Tokyo 121, Japan t: +81 3 5691 3335 f: +81 3 5691 3336 trauthwein@marinelink.com

Korea

Jo, Young Sang biscom@biscom.co.kr

Business Communications Inc., Rm 1232,

Gwanghwamoon Of? cia Bldg., 163, 1-Ga, Shinmoon-Ro, Jongro-Gu,

Seoul, Korea 110-999 t: +82 2 739 7840 f: +82 2 732 3662

Check out our other websites:

Classi? ed Sales t: (212) 477-6700

MarineLink.com MaritimeJobs.com MarineElectronics.com

Founder:

MaritimeProfessional.com MarineTechnologyNews.com YachtingJournal.com

John J. O’Malley 1905 - 1980

MaritimePropulsion.com MaritimeEquipment.com MaritimeToday.com

Charles P. O’Malley 1928 - 2000

Download our App iPhone & Android 6 Maritime Reporter & Engineering News • MAY 2015

MR #5 (1-9).indd 6 MR #5 (1-9).indd 6 5/8/2015 11:36:59 AM5/8/2015 11:36:59 AM

Maritime Reporter

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