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P.O. Box 244, 5480 Husnes, Norway

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Internet: http://www.nme.no

E-mail: [email protected]

MARITIME

REPORTER

AND

ENGINEERING NEWS

ISSN-0025-3448

USPS-016-750

No. 10 Vol. 61 118 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. © 1999 Maritime Activity Reports, Inc.

Member

INTERNATIONAL®

Business Publications

Audit of Circulation, Inc.

No 1 in World wide trading second-hand and new maritime/ offshore equipment 60tt Jinunerwy

Special Anniversary

Section

For more than 60 years,

Maritime Reporter &

Engineering News has served the informational needs of the international maritime com- munity. (Starts after page 40)

MARITIME

Haimtal ,¥»»

On the Cover This month Maritime Reporter & Engineering News celebrates its 60th year serving the maritime industry. Pictured on the cover are six decades of covers, starting in 1939 when it was a weekly dubbed Maritime

Activity Reports.

The Japanese Way

In the face of tremendous competitive pressures,

Japanese shipyards rely on technical and process expertise to maintain the edge.

Maritime Training

The Center for Maritime Education, situated in

America's heartland, is helping to train South

American river pilots to safely and efficiently navigate the Parana River. 40 VERA!

The Propulsion Performance Products report starts with a story of an innovative vessel under construction at Bollinger for Bisso Marine. 54 Is there anybody out there?

Despite some well-publicized bumps, advances in satellite communication products and services promises to make maritime a safer, more efficient industry.

Marine Finance Oslo buoyed by offshore shares.

Recent Ship Sales

Legal Update U.S. Supreme Court decision hailed by

Intertanko.

Software Solutions USCG teams with 3Com for new

Virtual Private Networks.

ABS Bunker Fuel Report

Sweden

New & Notable

Vessel Maintenance Products & Systems: Preview of

Ship Repair & Conversion '99 plus focus on coatings and corrosion control products and systems.

MARINE PRODUCTS CATALOG

Buyer's Guide

Advertiser's Index

Classified/Professional Advertisements

Lifeboats

Mob.-boats

Workboats

Rescue Boats

Fast Rescue Boats

Davits

Liferafts

Deck Cranes

Rig Cranes

Helicopter Decks

Anchors • Chains

Winches

Hydraulic Power Packs

Reverse Osmosis Plants

Sewage Treatment Plants

Air compressors

Azimuthing and tunnel thrusters

Accommodation Modules

Firefighting systems

Drilling equipment

Various Maritime /

Offshore Equipment

Norwegian Maritime Equipment AS sells, buys and negotiates second- hand, reconditioned and new equipment. Delivered with documentation, certificates.

ISO 9002 approved systems.

Circle 333 on Reader Service Card 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; e-mail: [email protected]

Upon request we will send you an offer with technical specifications and prices ® SAILOR 2 Maritime Reporter/Engineering News

Maritime Reporter

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