Page 2: of Maritime Reporter Magazine (February 1995)

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ON THE COVER

Oil Mop, Inc. has long been recognized around the world as the proven leader in oil spill response, hazardous materials training, and spill response equipment.

Now, our experience works for you to provide a total management solution to

OPA 90 requirements.

Oil Spill Response

USCG "E" OSRO Classification

Spill Response Advanced Planning

OPA 90 Response Plans

Spill Management

OPA 90 Drill Management

Personnel Training

Oil Mop's planned program management not only simplifies your compliance efforts, but can significantly increase efficiency and reduce costs.

To leam more, call our toll-free number and ask for the total solution to your OPA 90 compliance problems. 1-800-QIL MOP-1 ^•wn

OIL MOPf Inc.

P.O. Box 51271 Lafayette, Louisiana, USA 70505

One of the companies.

Featured on this month's cover is the Baglietto-built Opus, a vessel with raceboat excitement and megayacH style interior, propelled via KaMeWa waterjets. A full report on the megayacht business — in the U.S. anl in Europe — starts on page 57. The inset picture is a diagram of the recently introduced Caterpillar 3500 Serie

B engines. For more information on this versatile new engine, turn to page 44. Other propulsion technologj updates, and a comprehensive Marine Propulsion Directory, start on page 84. 46 57 84

Circle 313 oq Reader Service Card

CRUISE SHIP ANNUAL

Cruise ship capacity is set to expand dramatically through 1998. Get an insight into factors contributing to long term market growth, as well as a round up of the latest multi-million dollar or- dering spree, by Greg Trautfiwein, Editor

PICKING UP SPEED...

Megayacht builders attribute a rise in orders to a growing economy, by Dan Maniotis, Senior Editor

MARINE PROPULSION

SELECTION GUIDE

Propulsion component manufacturers —driven by mandates concerning the environment and cost of operation — innovate to compete. Catch up on the latest technological advancements. PLUS: The

Marine Propulsion Directory. v i mm -

MARKETS 33 Financial Update: Financing is key to fuel the growing maritime industry 41 Yard Review: Intermarine 44 Propulsion Update: Caterpillar de- buts new engine series 66 Marine Coatings & Corrosion Control:

Catch up on new IMO rules 81 Dredging: National policy embraced 93 Ship & Boatbuilding Technology

STATISTICS 20 Recent Ship Sales 20 Tanker Scrapping Rates 75 Industry Trends 81 Dredging Contract Awards

SHOW PREVIEWS 109 Ports '95

DEPARTMENTS 100 Calendar 109 Fast Action Reader

Service Card 113 Classifieds

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photo- copying, recording or otherwise without the prior written permission of the publishers.

MARITIME

REPORTER

AND

ENGINEERING NEWS

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NEW YORK, N.Y. 10010 (212) 477-6700

No. 2 Volume 57 Founder: John J. O'Malley 1905-1980

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Maritime Reporter

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