Page 8: of Maritime Reporter Magazine (February 1996)

EDITOR'S NOTE control system is now available as an optional feature for all

CGCo applications

The CIN-TEC™ monitoring/

W ike most everyone involved in business,

M I research and read data and statistics m with great interest. But numbers per ^tLmma^m se tell only a portion of any story.

For instance, newbuilding statistics indicate that in 1995, Japan was the top shipbuilding country in the world. While number of ships, gross ton- nage and hard currency are indeed excellent indicators of maritime busi- ness, numbers alone do not touch upon the many challenges that this great shipbuilding nation — and for that fact, all great shipbuilding nations — will face in the coming years.

Many factors —far too many to mention in this short column — play large roles in determining the eventual course of the maritime industry.

But the bottom line, in any and all scenarios, is money. The ultimate sur- vivors in this reportedly razor-thin profit margin business will be the com- panies which design, build, equip and operate vessels in the most efficient, cost-effective manner.

The Japanese maritime industry is profiled in MR/EN's Maritime Asia section, which starts on page 43. The section, prepared to coincide with the second Sea Japan exhibition in Yokohama next month, focuses mainly on the Japanese shipbuilding and equipment supply industry (with plenty of statistics and data on page 117). As the article explains, Japanese builders and suppliers, already renowned for their technologically-efficient ways, are striving to become even more efficient. The section also includes the Far

East Column, the first of a bi-monthly series from International Editor

Alan Thorpe, as well as a look inside the marine markets of Korea and

Singapore.

The cruise ship market provides another interesting study of statistics.

While recent passenger capacity data indicate a market lull, Assistant

Editor Bridget Murphy found that owners are generally bullish on the market in the long term. Her report starts on page 82, and is accompanied by MR/EN's annual honoring of Outstanding Cruise Ships (page 76).

Finally, coatings and corrosion control is the product feature of the month, and an ABS-authored article (page 56) presents a strong case for owners to select and properly maintain ballast tank coatings.

Gregory R. Trauthwein, editor e-mail: [email protected]; fax (212) 254-6271

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