Page 2: of Maritime Reporter Magazine (May 1996)

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ON THE COVER

Pictured on the cover is M/V Knock Muir, a 146,000-dwt Suezmax oil tanker built by Harland & Wolff

Shipbuilding & Heavy Industries, Ltd., Belfast. The ship features a double hull and coin carry one million bar- rels of oil. Tanker Technology is a focus of this edition, and the section starts on page 36. 35 To build oir not to build...1"

With oil business in the Gulf of Mexico picking up, the question is no longer if, but when orders for next-generation offshore vessels and rigs will start rolling in. 36 TANKER TECHNOLOGY:

Astilleros Espanoles delivers Sirius I, the first oil product carrier designed and built in Europe to ShipRight specifications; Alabama Shipyard pre- pares to start building Skipskonsulent-designed chemical tankers.

Business Boom * IMA ASSOC. reports on Floating Production Systems.

On the Mend • Drewry report details chemical tanker market comeback.

Advanced designs of vessels and equipment propel in fast ferry perfor- mance and safety improvements.

Also in this edition 8 Bulk Carrier Update: Newbuildings increase competition. 10 Financial Update: Electronic communications speeds ship financing. fitofe© OdODD 1 3 ABB Flakt & Fincantieri team to install revolutionary equipment on cruise ship. %% BBN works to control noise and vibration. 31 Propulsion Update: MAN B&W Holeby genset wins design prize. 33 Propulsion Update: Sistemar extends range of propeller applications. 54 Company & People News 62 Product Review: Fuels, Lubes & Additives

Data & Statistics 67 RECENT SHIP SALES FULL DETAILS ON PAGE 77

FoHlshlps New

Contract* Received,

March '96

Tanters(18) • Cortainer (15) a Bute carriers (10) • Passenger (4)

LPG(3) • Other (19)

Mew Orders From Japan

Yards, Martii "96 •Cargo (39) • Tanker (10) d Others (3)

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ENGINEERING NEWS 118 East 25th Street

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No. 5 Vol. 58 Founder: John J. O'Malley 1905 - 1980

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