Page 2: of Maritime Reporter Magazine (June 1998)

ECONOMICAL CUTTING, BEVELLING,

AND END-PREP FOR PIPE

FAST, HIGH-TECH, HIGH ROI

GEORG FISCHER +GF+

FOR A FREE ON-SITE DEMO OF

HIGH TECHNOLOGY WITH A HIGH RETURN,

CALL TODAY!

Georg Fischer Pipe Tools Division 407 Hadley Street • EO. Box 40 • Holly, MI 48442

Tel: 248-634-8251 • Fax: 248-634-2507

Circle 340 on Reader Service Card

THE FASTEST WAY TO GET THE NEWS

COMING DIRECT TO YOUR E-MAIL

EVERY BUSINESS DAY

TO START YOUR FREE 3-WEEK TRIAL,

E-mail your request to: [email protected]

MARITIME

REPORTER

AND

ENGINEERING NEWS

ISSN-0025-3448 USPS-016-750

No. 6 Vol. 60 118 East 25th Street

New York, NY 10010 (212) 477-6700

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

Founder: John J. O'Malley 1905 - 1980

Maritime Reporter/Engineering News is published monthly by Maritime

Activity Reports, Inc. Mailed at Periodicals Postage Rates at Waterbury,

CT 06701 and additional mailing offices.

Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 118 East 25th

Street, New York, NY 10010.

Canada Post International Publications Mail Product (Canadian

Distribution) Sales Agreement No. 0970700. Printed in U.S.A.

Publishers are not responsible for the safekeeping or return of editorial material. © 1998 Maritime Activity Reports, Inc.

Member

INTERNATIONAL®

Business Publications

Audit of Circulation, Inc.

Investment In Design

Marine Finance

High-Yield Shipping Bonds: Are They A Trap?

New & Notable

Sulzer Diesel Turns 100

Vessel Focus: Containerships

People & Company News

Information Technology

Propulsion Update

Far East Update

Gas Turbines Picked For New Cruise Ship

Country Focus: SPAIN

Bunker Fuel Monitor

Buyer's Guide

Advertiser's Index

Classifieds

Subscriptions: One full year (12 issues) $18.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscription information, contact: Dale Barnett, fax: (212) 254-6271. 2 Maritime Reporter/Engineering News