Page 3: of Maritime Reporter Magazine (November 1995)

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Quality Is Our MOST Important Feature! 7~1he end of the year causes some people great angst, others great joy. Looking back on 1995, albeit a bit prematurely, should bring a collective smile to the proverbial face of the maritime industry.

While skeptics and pundits are quick to point out what is, or what could be, wrong in the industry, there is plenty of good news to go around.

For example: U.S. yards have prevailed against "industry wis- dom" and won orders to build a variety of ships for internation- al owners. The arrival of U.S. yards from navy builders to commercial contenders was the result of a combined govern- ment/industry initiative, which included a well-planned course of action including shipyard upgrades, innovative financing and astute marketing. The latest big news — Marinette Marine's contract to build a pair of11,500-dwt tankers for Sweden's

Furetank — can be read about on page 8.

There have been numerous technological developments brought to light throughout the year, developments geared to making vessels faster, safer and more efficient. A wonderful technological conference, FAST '95, was held in Travemunde,

Germany in late September. The conference attracted many top

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Phone: (504)822-7272 Fax: (504)821 -9309 1 -800-831-7534 Call Us For Your FREE Newsletter maritime minds from the scholastic, as well as the corporate side of the industry. In all there were 325 attendees from 30 coun- tries, with the heavy concentrations of delegates from Europe and

Asia. Firsthand coverage of FAST '95 starts on page 44.

Another indication that the "technology craze" is here to stay was shown via the tremendous response accorded to MR/EN's first standard sized technology supplement — dedicated to propulsion technologies — printed in conjunction with the

September edition. Keep the comments coming.

Finally, this edition features another MR/EN first, the

Marine Financial Yearbook, (timely in light of the Lykes Bros.

Chapter 11 news) which includes a collection of articles and reports on the universal language of business . . . MONEY.

Greg Trauthwein, editor

Please send any comments or suggestions to me via e-mail at

[email protected], or you can fax me at (212) 254- 6271. I look forward to hearing from you.

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