Maritime Professional, March, 2011

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Maritime Risk ARCTIC OPS TO SHIP VETTING TO MITIGATING RISK IS ESSENTIAL TO PROSPERITY & SURVIVAL SETTING UP SHOP IN BRAZIL MITIGATE RISK NEW RULES FOR SALVAGE & FiFi DRYSHIPS TO THE THAD ALLEN THE ART OF CRISIS MANAGEMENT By Joseph Keefe By Claudio Paschoa By Peter Thornton ON THE COVER Associate Publisher VP Sales Rob Howard Irina Tabakina Corporate Staff Vladimir Bibik, IT Rhoda Morgan, Sales Administration Mark O’Malley, Public Relations Jocelyn Redfern, Marketing Esther Rothenberger, Accounting Kathleen Hickey Advertising Sales Mike Kozlowski Tristan McDermott Dawn Trauthwein Jean Vertucci Meet the Contributors Tom Roberts is Maritime Analyst Peter Thornton, Director Development Also in this Edition Differentiating East & West By Tom Roberts Lead, Follow or Step Aside Partnership for Protection By Bill Davis, Wells Fargo Disaster Management’s Future By Joseph Keefe New FiFi Rules Center Stage By Greg Trauthwein Opportunity Meets Risk Risk Management By Dennis Bryant Risk Products & Services Managing Editor Joseph Keefe Lead Commentator Joseph Keefe Brazil Claudio Paschoa Mumbai Josesph Fonseca Hong Kong Greg Knowler The Netherlands Keith Henderson Risky Business EDITOR’S DESK Warfare Committee (JWC) Terrorism and Related Perils Maritime Risk & Piracy the East and West Africa By Tom Roberts, Drum Cussac PIRACY BY THE NUMBERS The Movement for the Emancipation of the Niger PIRACY HOT SPOTS The Author Tom Roberts, Maritime Analyst at Drum THE GLOBAL ROOTS OF CHANGE Revised Kyoto Convention and the World Customs Convention's Information and Communication Technology SCANNING Container Security Lead, Follow or Get Out of the Way Commerce, Science and Transportation CSD TECHNOLOGY Science & Technology Directorate COOPERATION The Seventh Framework Program CM or Smart Container Chain CakeBoxx Technologies, LLC OR Contact: Transport PRC, the EU Commission, the German of the House Homeland THE ROTTERDAM RULES Unfortunately, the Congress A GLIMMER OF HOPE HOT TECH Worldwide Providers in Maritime Security LOOKING BACK: PLUNGING AHEAD The Author Davis, Senior Vice President and Marine Practice Group CHOOSING A BROKER: HOW & WHY Marine Insurance A Partnership UTMOST GOOD FAITH BROKERS: IN ACTION The Author THE BIG PICTURE Independence Bank Call Mike Sammartino May Ship Repair of Staten Island, NY Working Capital Loan Vessel Refurbishment Loan Commonwealth of the Northern Mariana Islands, USA Financing of two Tugs and two Barges Velvet Maritime of Hahnville, LA Financing of Tug Boat Marine & Fishery Finance DIFFERENT CHALLENGES: COMMON SOLUTIONS The Art of Crisis Management Regulatory Review WILD CARD: PRE-CERTIFYING SUV’S Regulatory Review R&D: The Time is Now The Art of Crisis Management BALANCING SAFETY AND SECURITY EDUCATION: UNDERSTANDING AND SEPARATING EMOTIONS FROM RESPONSE Regulatory Review Valdez in Alaska’s Prince William New Salvage & FiFi Rules Enter Force Marine Salvage Garrido American Salvage Association Photo: T&T Bisso PARTNERSHIPS American Salvage Association (ASA) New Salvage & FiFi Rules Enter Force Paul Hankins Executive Board Member, ASA Wiernicki of ABS Sadler of LR of DNV Coyne of GL Maritime ROUNDTABLE ROUNDTABLE ROUNDTABLE ROUNDTABLE Wiernicki (ABS) Ballast Water Treatment ROUNDTABLE ROUNDTABLE EMERGING MARKETS Photo: Claudio Paschoa Dropping Anchor TOO MUCH RISK OR EMERGING MARKETS BOLIVARIAN CIRCLES Minister Rafael Ramirez said in June BRAZIL BECKONS Bolivarian Group (Venezuela, Ecuador EMERGING MARKETS Why Incorporate a Brazilan Vianna Advogados Associados) GETTING STARTED EMERGING MARKETS International, Wild Well Control, Stabil AT HOME IN BRAZIL EMERGING MARKETS Photo: SeaDrill RightShip SHIP VETTING Companies International Marine Forum VETTING GROWS UP Australia, RightShip CEO Warwick SHIP VETTING ECONOMY OF SCALE THE HUMAN ELEMENT SHIP VETTING Ahead of the Curve Green Ratings ONE SIZE DOES NOT FIT ALL SHIP VETTING LIQUIDITY, STRATEGY & LUCK December, DryShips COO Pankaj DryShips Defies Definition DRYSHIPS Pankaj Khanna COO, DryShips RISK & REWARD DryShips VP of Teekay Strategic Development) DEFINING RISK & REWARD DryShips Soften the STCW Sting ECDIS TRAINING & EDUCATION ECDIS TRAINING: BEYOND MERE COMPLIANCE TRAINING SPECIFICS COVERAGE VERSUS IMPLEMENTATION ECDIS TRAINING & EDUCATION ECDIS Adoption Checklist VARIETY: DECISIONS, DECISIONS USE IT OR LOSE IT Soften the STCW Sting The Author SHIPPING ASSESSMENT Marine Shipping Assessment (AMSA) the Arctic Marine Environment the International Maritime Organization ARCTIC OCEAN GOVERNANCE AND UNCERTAINTIES Arctic Maritime Challenges & Risks THE ARCTIC Convention on the Law of the Sea LACK OF INFRASTRUCTURE ARCTIC RISK MITIGATION Classification Society’s Unified International Convention on Standards THE ARCTIC The Author Council’s Arctic Marine Shipping Assessment Era of Cognitive Dissonance LEGAL ANALYSIS RISK MANAGEMENT Code for the Safe Operation of Ships The United States Sentencing ENVIRONMENTAL PROTECTION THE MARITIME SECTOR: LEGAL ANALYSIS Risk Management in an Era of Cognitive Dissonance The Author Berry Appleman & Leiden Delta Wave Fall Protection Systems FuelTrax Nations International Maritime Organization (IMO) RISK Management & Mitigation Products and Services Massachusetts Maritime Powers Secured Containers Shipboard Defense of Mace Security TrakLok Corporation Directory: RISK Management & Mitigation Products and Services Watermanlive’s Dynamic Fleet Risk Management Advertiser Index TRANSPORTATION Maritime Professional OPS: SECURITY & TRAINING CLASSIFICATION The Essential Quarterly Magazine LNG, Bulkers and Tankers: Petroleum Loss Control, Cargo Inspection Maritime Security: Protecting Volatile Cargoes Energy Transport Carrier Profile Quality: Audits Mariner Retention PUBLISHING