editorial
t a recent (non-subsea related) maritime industry holiday luncheon in New York City, a guest speaker from a Washington, D.C.-based think tank delivered a presentation on global warming. In a side conversation with a colleague, I said that we know more about the surface of Mars than that of the ocean floor. Almost on cue, the speaker said: "We know more about the surface of Mars than we do our own ocean!" The scientific and political issues and arguments surrounding global climate change are infinite, and I personally deal with it on a regular basis in my own house assuaging the concerns of a 9 and 11-year-old who are bombarded with media on the matter and harbor worries that the world could soon end. Global climate change is shaping to be "the" topic of a generation, and in the silver-lining department, all of this controversy and study will most assuredly raise the focus and funding of ocean research and resources. Business in the world's oceans, whether it be for scientific research, commerce or defense, continues on a historic boom, as the tools needed to work more cost-effective, efficiently and safely in the environment are invented and refined. A great example of this was last month's announcement from subsea mining company Nautilus that it had placed the first in a series of three critical orders to initiate the first real commercial subsea mining operation by 2010. Nautilus has teamed with SMD in a nearly $66 million deal, whereby SMD will engineer, build and deliver a pair of mammoth mining machines. Check out page 2 -- the contents page -- for the hazy background picture, or go directly to page 42 for additional details and images on the contract. Working efficiently underwater should be the concern of everyone reading this publication, and to that end I am pleased to present, starting on page 34, a profile on one of the more dynamic and fast-growing diving companies in the country, Phoenix International. Michael Kutzleb, Phoenix's president, shared with MTR some exclusive insights on the company -- which evolved from a 1997 start up to a $60m company today.
A
Your Marine Technology One-Stop-Shop
www.seadiscovery.com Log on everyday and receive: · Daily News · Exclusive Product & Technology Reports · New Job Listings
Gregory R. Trauthwein · trauthwein@marinelink.com · tel: 212-477-6700
Marine Technology Reporter is published monthly except for February, August, and December by New Wave Media, 118 E. 25th St., New York, NY 10010-2915. Periodicals Postage at New York, NY and additional mailing offices. POSTMASTER: Send address changes to MARINE TECHNOLOGY REPORTER, 118 E. 25th St., New York, NY 10010-2915. Postmaster send notification (Form 3579) regarding undeliverable magazines to Marine Technology Reporter, 118 East 25th Street, New York, NY 10010. Publishers are not responsible for the safekeeping or return of editorial material. ©2007 New Wave Media.
www.seadiscovery.com
Or, join thousands of your colleagues and sign up for our weekly NEWS & JOB Updates via E-mail. It's Fast ... and FREE!
Vol. 51 ISSN 1559-7415 USPS# 023-276
No. 1
Member
1 1 8 E a s t 2 5 t h S t re e t , N e w Yo r k , N Y 1 0 0 1 0 tel: (212) 477-6700; fax: (212) 254-6271
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers.
Business Publications Audit of Circulation, Inc. January 2008
Subscription: To subscribe please visit www.seadiscovery.com/subscribe
6 MTR
You don't have Macromedia Flash Player installed.
This content requires the Macromedia Flash Player.
Get Flash
www.digitalwavepublishing.com
www.MarineLink.com
www.vovcha.com