Page 1: of Maritime Reporter Magazine (October 1996)

Call Mobil today. Let's discuss how Mobilgard 30 and 40 Series oils' technical muscle will help you combat sludge and piston deposits.

Northeast 1-800-MIAMI-79

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Great Lakes 1-800-MIAMI-79

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MARITIME I EDITOR'S NOTE mm & ENGINEERING NEWS

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EDITORIAL

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Gregory R. Trauthwein

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Maritime Reporter Online • Ih't tp://www.ma rinelinlc.com drive the world's maritime industry is, at times, a daunting task, considering the complex- ity of the issues and the players. At other times, however, an emerging trend smacks you right between the eyes, and the industry's unfolding events provide a clear indication of their significance.

Crystal clear, in fact.

The latter is the case of the consolidating market trend. With news that the parent companies Metra and Fincantieri plan to merge the interests of

Wartsila Diesel, New Sulzer Diesel and Grand Motori — and the revelation that P&O and Nedlloyd have, in effect, created the new, fourth-largest con- tainership company in the world — it appears which direction the maritime market has been, and is heading. These cases are just the latest in a line of spectacular mergers, partnerships and international cooperations which have dominated maritime news the past few years. Pick your own cliche ("Only the strong survive" seems particularly appropriate) and it will apply to most any situation. Companies seeking to dominate their regional, national or international niche must find new, creative means to either win additional market share or conquer new markets. Doing "business as usual"seems a sure ticket out of tomorrow's maritime industry.

But while maritime companies continue to consolidate, shipyard capacity continues its rapid expansion, particularly in the Far East.

International Editor Alan Thorpe has filed two reports this month — his bi-monthly Far East Update, beginning on page 60, and a Ship Repair

Update, which begins on page 9 of our special International Ship Repair

Guide supplement. In the repair guide, he reports that the expansion of ship repair facilities is playing a large part in keeping prices too low. While this bodes well for shipowners, it could mean trouble for yards which have recent- ly struggled to compete for business. Cascade General is one U.S. yard which appears to have reorganized in order to compete for international business. In fact, Cascade General and the Port of Astoria recently announced the estab- lishment of a voyage repair station at the Port, to handle dockside ship repair work for emergency repairs, routing maintenance and inspection services for all types of marine vessels. Check out the

Ship Repair Guide for these, and other stories on recent, unique repair and con- version jobs, as well as our country-by- country directory of vessel repair facili- ties.

Gregory R. Trauthwein

Editorial Director