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Hamburg, Germany once again hosts the Shipbuilding, Machinery & Marine Technology exhibition, more commonly known as SMM '94. Pictured on the cover is the sailing ship Gorch Fock in Hamburg Harbor.

Maritime Reporter's coverage of SMM '94 starts on page 25, and includes an editorial from VSM's Ulrike

Nieter; an overview of the German Maritime Industry, German shipyard updates, and a preview of select company's plans for the exhibition. (Ptioto credit: German National Tourist Office, New York.)

Safety Designs For The 21 st

Century

The RNLI's new Severn & Trent class rescue craft incorporate the latest in design and equipment.

German Maritime Industry

An exclusive look inside the German

Marine Industry, with a sneak preview of what's waiting for the industry at the

Hamburg Show.

SHOW PREVIEWS 38 SMM '94 47 Northeast Gaming Show 77 International Towage & Salvage 77 Odessa 200 77 Gastech '94 78 Satellite Communications Users

Conference 80 Fish Expo — Boston

DEPARTMENTS 11 Financial Update 91 MarAd News 103 Calendar 121 Classifieds

STATISTICS 15 Ship Casualties 50 Ship Sales 50 Containership Trends 50 Scrapping Rates 83 Ship & Boatbuilding

Technology 84 OPA '90 Update & Oil

Spill Products Review

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ISSN-0025-3448

No. 9 Volume 56 118 EAST 25th STREET

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Maritime Reporter

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