Page 10: of Maritime Reporter Magazine (April 1994)

INDUSTRY TRENDS

By

Jim McCaul, president

IMA Associates, Inc. $ — Taiwan

Korea ~*"Japan -•"Germany * Denmark "•"U.S. '82 '84 '86 '88 90 92 94

Year

U.S. shipyards can be very cost competitive in the world market, as increased labor costs and exchange rate changes have made shipbuilding labor costs in Japan and

Northern Europe significantly higher than labor costs in the U.S. (Note: 1994 results reflect up to April).

ASIS Issues Newbuilding Forecast To '97

Association for Structural Improvement of the Shipbuilding

Industry of Japan Report Details of Tanker, Bulk Carrier Demand

The Association for Structural

Improvement of the Shipbuilding

Industry (ASIS) of Japan started research on the worldwide ship- building demand in 1991 to provide information on trends in the ship- building demand.

The final report in English is not yet completed, but full details of the finished report will be published in the June edition of Maritime Re- porter & Engineering News.

ASIS used two scenarios, com- bined with prevailing and predicted world economic conditions, to pro- vide its detailed analysis of the ship- building and supply market for the next three years.

Trends in shipbuilding orders, completion and ship supply and de- mand balance were simulated in the following two cases: • Case A: the conventional ship ordering and order receiving pat- tern bringing with speculative or- dering upon the market recovery; • Case B: Shipbuilding capacity will be also expanded.

For additional information on ob- taining the report,

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SNAME Meeting Honors

Member

SNAME's March 10 meeting at

Stevens Center, Stevens Institute ofTechnologyinHoboken,N.J. fea- tured 45-year SNAME member

Connie Gradilone, as well as

Brunello Acampora of Victory

Design Sri — designer of the monohull speedboatSMi?acer. The

N.Y. Metropolitan nominations for 1994-5 were carried unanimously:

Richard C. Rodi for chairman;

Alfred J. Bozzuffi for vice chair- man; Christopher J. Reyling for secretary; and William S. Peters for treasurer. The technical session of the meeting featured Brunello 12

Acampora, who discussed the de- sign and practical operation of the 48-ft. (14.6-m)SMRacer, a monohull powerboat. Reportedly, monohull speeds are generally considered lim- ited to 80 or so knots; any speed above 50 or 60 knots raises horizon- tal stability concerns. SM Racer reportedly defies this limitation. Its ability to do so is ascribed to its steep-planing hull design, but today's hydrodynamic theory can't account for why the hull design affords this extra stability. When Mr .Acampora finished his presentation, Prof. D.

Savitsky made remarks —includ- ing very high praise in achieving the design, but also disappointment that there were no numbers to go along with its performance. tm few simple truths from Trimble:

We have no i) intention of getting into the refrigerator business. 2) No, we don't own the satellites. 3) And, yes we did just launch a few new products that are causing a bit of a ruckus.

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