Page 3rd Cover: of Maritime Reporter Magazine (January 2003)

Ferliship's New Contracts

Owner Builder Type No. DWT Deliv. Price (S) Owner Builder Type No. DWT Deliv. Price |$]

KAWASAKI KINKAI KISEN NISHI GENERAL CARGO 2 9,000 4-Mor _ ATHENIAN SEA CARRIERS HYUNDAI MIPO PROOUCTS TANKER 4 37,000 4 98

NATIONAL PETROLEUM CONSTRUCTION COCHIN SHIPYARD GENERAL CARGO 1 29,000 - ARMINTER HYUNDAI HEAVY INDUSTRIES (HHI) PROOUCTS TANKER 1 37,000 4 25

BUILDER'S ACCOUNT GISAN GENERAL CARGO 1 5,800 4 - THENAMAR1S MARITIME INC. HYUNDAI HEAVY INDUSTRIES (HHI) PRODUCTS TANKER 1 37,000 3 24

UKRRICHFLOT JOINT STOCK S.C. DAMEN OKEAN GENERAL CARGO 6 6,000 5-Apr - NATIONAL IRANIAN TANKER CO INITC) HYUNDAI MIPO PRODUCTS TANKER 3 35,000 4 78

TOWA KAIUN KEGOYA DOCK GENERAL CARGO 1 3,200 3 - IRISL ISOICO PROOUCTS TANKER 2 35,000

RUSSIAN INTEREST ZVYOZDOCHKA GENERAL CARGO 1 396 3 - BESIKTAS SHIPPING CICEK PRODUCTS TANKER 2 16,000 4 40

BELUGA SHIPPING VOLHARDING HEAVY-UFT CARGO 2 - 3 33.2 CASPIAN SHIPPING KRASNOYE SORMOVO PRODUCTS TANKER 2 12,000 4

RUSSIAN GOVT KVAERNER MASA-YARDS INC ICEBREAKER 1 5,200 3 - CASPIAN SHIPPING KRASNOYE SORMOVO PRODUCTS TANKER 2 8,000 3

A. P. MOLLER/QATAR SAMSUNG LNG 2 — 4 - A. P. MOLLER DAUAN NEW PRODUCTS TANKER 2 110,000 5-Apr -

DOHA MARINE SERVICE STX (DAEDONi LPG 1 17,000 4 32 UNIQUE SHIPPING DAEWOO PRODUCTS TANKER 1 105,000 4 37

SONATRANCH KAWASAKI H.I. LPG 2 - 5-Apr 98 D AMATO Dl NAVEGAZIONE HUDONG SHIPYARD PRODUCTS TANKER 2 75,000 5-Apr -

BERTLING KOUAN MULTIPURPOSE 2 34,000 5-Apr 33.2 TORM A/S HYUNDAI HEAVY INDUSTRIES (HHI) PRODUCTS TANKER 1 75,000 4 -

KREV SCHIEFAHRTS QINGSHAN SHIPYARD MULTI PURPOSE 2 12,000 29 DYNACOM ONOMICHI PRODUCTS TANKER 2 71,000 4 -

FINTER GRONINGEN BODEWES SCHEEPSWERVEN MULTI-PURPOSE 5 3,400 4-Mor - NOVOSHIP HYUNDAI MIPO PRODUCTS TANKER 2 46,000 5 54

SCHOELLER HOLDINGS DAUAN SHIPYARD MULTI-PURPOSE 3 34,000 5 - JAPANESE INTERESTS ONOMICHI PRODUCTS TANKER 1 46,000 _ -

NEW WORLD FIRST FERRY IMAGE MARINE PASS/FERRY 2 - 3 - JAPANESE INTERESTS TSUNEISHI PRODUCTS TANKER 1 46,000 4 -

US INTERESTS AUSTAL USA LLC PASS/FERRY 1 - 3 - UNKNOWN SHIN KURUSHIMA PRODUCTS TANKER 1 45,800 4 -

US INTERESTS BODEWES VOLHARDING PASS/FERRY 1 - 3 - NITC HYUNDAI MIPO PRODUCTS TANKER 2 35,000 4 52

WAXHOLMS ANGFARTYGS MOEN SUP AS PASSENGER 1 - 4 - MARINE CROSS HYUNDAI MIPO PRODUCTS TANKER 6 31,500 4 -

EGYPTIAN INTERESTS ARAB HEAVY INDUSTRIES PASSENGER 1 - 3 - KIRONA TANKERS NAIKAI PRODUCTS TANKER 2 18,000 4-Mar _

NAVIERA ARMAS BARRERAS PASS£NGER/Ro«o 2 - 4 - DALIAN XINSHAN SHIPPING WENZHOU PROOUCTS TANKER 1 3,800 3 -

TALLiNK AKER FINNYARDS PASSENGER RoRo FERRY 1 - 4 147 NIPPON YUSEN KAISA (NYK) IMABARI SHIPBUILDING PURE CAR CARRIER 4 17,000 4 160

US NAVY INCAT AUSTRALIA PASSENGER/VEHICLE 1 - 3 - NIPPON YUSEN KAISA (NYK) SHIN KURUSHIMA PURE CAR CARRIER 4 17,000 5-Apr 160

PTPELNI MEYER WERFT PASSENGER/VEHICLE 1 - 4 - UNKNOWN ISHIKAWAJIMA HARIMA H.I. (IHI| PURE CAR CARRIER 2 15,000 -

ALASKA MARINE HIGHWAY CONRAD INDUSTRIES PASS./VEHICLE/FERRY 1 - 3 - JAPANESE INTERESTS MITSUBISHI H.I. RO-RO 4 6,900 4-Mor

OKI KISEN MITSUBISHI H.I. PASS./VEHICLE/FERRY 1 - 4 - NIPPON YUSEN KAISA (NYK) IMABARI SHIPBUILDING RO-RO 1 - 3

UNKNOWN BARRERAS PASS./VEHICLE/FERRY 1 - 4 - VOSTA IMG DAMEN SHIPYARDS SUCTION E61 DREDGER 1 3,000 3

ISTANBUL DENIZ OTOBUSLERI FJELLSTRAND AS PASS./VEHICLE/FERRY 2 - 4-Mor 45 KRISTEN NAVIGATION DAEWOO TANKER 1 300,000 4

JAPANESE INTERESTS NAIKAI PASS./VEHICLE/FERRY 1 - 3 - PfRTAMINA HYUNDAI HEAVY INDUSTRIES (HHI) TANKER 2 300,000 4 130

INDONESIAN GOVERNMENT ASTIUEROS GONDAN PATROL VESSEL 2 - 3 - CERES HELliNIC (G P UVANOSI SASEBO TANKER 2 165,000 4 86

HUALAS DAEWOO PCTC 3 - 5 141 MITSUI O.S.K. UNES |MOl| TSUNEISHI TANKER 1 106,000 4 41.5

US INTERESTS HALTER MARINE INC. PLAT SUPPLY VESSEL 1 - 3 - D'AMATO Dl NAVEGAZIONE HUDONG SHIPYARD TANKER 2 72,000 5 60

DISTRICT OFFSHORE MYKLEBUST MEK VERKSTED PLAT SUPPLY VESSEL 1 - 4 - FRONTUNE HITACHI ZOSEN TANKER 2 296,000 4

UNKNOWN AKER AUKRA PLAT SUPPLY VESSEL 1 2,210 3 17 KRISTIAN GERHARD JEBSEN HYUNDAI HEAVY INDUSTRIES (HHI) TANKER 1 159,460 3 44

DOF MANAGEMENT FITJAR PLAT SUPPLY VESSEL 1 - 3 - BP SHIPPING SAMSUNG TANKER 4 115,000 4

NORWEGIAN INTERESTS HAVYARD LEIRVIK PLAT SUPPLY VESSEL 1 - 4 4 MALAYSIAN INT.SHPG. CORP. (MISCI SAMSUNG TANKER 1 105,000 4

SEAUON SHIPPING WUHU SHIPYARD PLAT SUPPLY VESSEL 1 - 4 - MURMANSK SHIPPING ADMJRALTEISKIY TANKER 2 70,000 - 55

CNC/EXPEDO NEW CENTURY PRODUCTS TANKER 2 73,000 4 - IMZ TRANSOIL DAEWOO TANKER 1 69,000 4

BYZANTINE STX [DAEDONI PRODUCTS TANKER 1 73,000 5 31.5 KYOEI KAIUN ISHIKAWAJIMA HARIMA H.I. (IHI) TANKER 1 300,000 904 -

PARADISE NAVIGATION HUDONG SHIPYARD PRODUCTS TANKER 1 72,000 4 30 VIKEN SHIPPING IMABARI SHIPBUILDING TANKER 1 157,000 4 -

SOUTH AFRICAN MARINE STX (DAEDON) PRODUCTS TANKER 2 51,000 4 - GREAT EASTERN SHIPPING CO. GESCO SAMSUNG TANKER 1 115,000 4 -

OCEAN TANKERS PTE. SHIN-A SHIPBUILDING PRODUCTS TANKER 4 49,700 5-Apr 96 KUNE IMABARI SHIPBUILDING TANKER 2 107,000 5-Apr -

FORTUM JINUNG PRODUCTS TANKER 2 25,000 4 - MALAYSIAN INT.SHPG. CORP. (MISCI SAMSUNG TANKER 2 105,000 4 67

SWEDISH INTERESTS FERUS SMIT PRODUCTS TANKER 1 7,550 4 - RUSSIAN INTEREST VOLGOGRAD SHIPYARD TANKER 1 6,500 3 -

WOOUM SHIPPING NOK BONG PRODUCTS TANKER 1 3,500 3 11 CIRESA BUNKER UNION NAVAL DE VALENCIA TANKER 1 4,999 3 -

JRRIX HEPWORTH PRODUCTS TANKER 1 500 3 - KIRONA TANKER MURAKAMI HIDE TANKER/ASPHAT CARR. 3 3,650 3 -

CHINA SHIPPING DEV CORP DAUAN SHIPYARD PRODUCTS TANKER 1 110,000 5 35 UNKNOWN DAMEN SHIPYARDS TUG 1 550 3 -

SCHULTE GROUP HYUNDAI HEAVY INDUSTRIES (HHI) PRODUCTS TANKER 1 75,000 4 33.4 SINGAPORE INTERESTS MARINTEKNIK SING. TUG 3 - 3 -

B+H GROUP STX (DAEDONI PRODUCTS TANKER 2 74,000 5 62 UNKNOWN ARMON TUG 2 - 3 - pa SAMSUNG PSODUCTS TANKER 1 73,000 4 31 WUSMULLER ASTIUEROS ZAMACONA TUG 1 - 3 -

SANKO KISEN ONOMJCHI PRODUCTS TANKER 1 71,000 4 - RUSSIAN GOVT. 3 MAJ UTILITY VESSEL 1 - 3 -

RESTIS STX (DAEDONI PRODUCTS TANKER 2 51,000 5 53 JAPANESE INTERESTS TSUNEISHI VEHICLE CARRIER 1 76,300 4 -

SCOPE MANAGEMENT GUANGZHOU PROOUCTS TANKER 2 47,000 5 52 CIDO SHIPPING KANASASHI CO. VEHICLE CARRIER 2 13,500 4 -

B+H GROUP STX (DAEDON) PRODUCTS TANKER 6 47,000 5 159

TSAKOS GROUP HYUNDAI MIPO PRODUCTS TANKER 2 37,000 4 49

Book Review

Danger on the High Seas

A tale of survival could best describe

John S. Burnett's experience onboard his sloop Unicorn in January 1992.

Sailing solo across the South China Sea to Singapore — one of the busiest ship- ping lanes in the world — Burnett was attacked by pirates. However, with luck on his side. Burnett, who is a journalist and professional seaman, survived.

Following this harrowing experience,

Burnett was prompted to investigate fur- ther the world of modern-day piracy — world that is as shocking as it is terrify- ing.

Dangerous Waters: Modern Piracy and Terror on the High Seas (Dutton. $24.95), provides an investigative look into maritime terrorism on the world's oceans. Burnett holds readers with his exploration of resurgence of piracy and 50 also explains why this subject is increas- ing at such a rapid rate. It is a little- known fact, which Burnett reveals, that off the coasts of nearly all continents, pirate attacks worldwide amount to sev- eral thousand each year. Since approxi- mately 95 percent of the world's com- merce is transported via ship, including 60 percent of the world's crude oil, it is therefore easy to suspect the potential for an economic and environmental dis- aster is rather high. Often depicted as high-class rumrunners by the movie industry, pirates are anything but. They can range anywhere from local seamen looking for a quick and easy fix. to high- ly-experienced guerillas, rogue military units or former seafarers recruited by high-level crime organizations. Often armed with sophisticated weaponry such

Maritime Reporter & Engineering News as machetes, assault rifles and grenade launchers, pirates move about the high seas via speedboats and fishing boats in search of the world's largest. lucrative vessels, mainly supertankers, cargo ships and cruise ships — along coasts or inter- national waters. According to

Burnett, this is a problem that exists worldwide. "There is not a shipping lane, a navigable strait, and important canal that is safe from those determined to take over a ship." says Burnett.

Highlighted in this true account is the author's journey aboard a Very Large

Crude Carrier (VLCC) as it transits the most pirated waters in the world en route to a refinery in Singapore from the oil fields of the Persian Gulf. VLCC's. which weigh in excess of 300.000 tons. are able to carry approximately two million bar- rels of crude. Yet, despite their mam- moth size, are excep- tionally vulnerable to, and have been, frequent targets of pirates. Burnett also offers an in-depth explanation of a pirate attack onboard oil tanker

Valiant Carrier in 1992 — a time when piracy had not reared its head as a high con- cern. Burnett outlines the assault on the ship's master and his family and how it fueled the creation of the Piracy

Reporting Center, which transmits daily alerts to ships worldwide. An in-depth discussion as to why, despite heavily trafficked shipping lanes, these attacks still occur - leaving crews isolated and vulnerable.

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