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said to be affected the most. However, this is in response to a claimed increase in total traffic of approximately 10 percent.

Drewry concludes that the most cause for concern lies in the least sophisticated sector — general cargoes and minor bulks.

Taking into account the planned increase in capacity with the corresponding residual traffic, a port capacity deficit of approximately one million tons has been projected. If trade growth — specifically in cargo sectors — keeps pace with overall economic growth trends, this deficit could increase to four or five million tons in the early part of the next century.

Much will depend on the ability to attract private capital and management expertise into India's ports, and on the adoption of reforms which will greatly increase cargo handling efficien- cy. In 1994-95, the Indian shipping fleet reached an all-time high of 6.7 million gt. This positioned the fleet as the world's 17th largest. Moreover, Drewry notes that the Indian-con- trolled merchant fleet is becoming progressively more diverse as the effects of liberalization surface, and Indian companies new to shipowning and operation enter the market — particu- larly in the bulk sectors — backed by either domestic resources or overseas/joint venture capital.

For a copy of the report

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Newport News Wins Nimitz

Planning Contract Extension

On May 10, Newport News

Shipbuilding (NNS), a unit of

Tenneco, announced that it was awarded an extension to a plan- ning contract for the overhaul and refueling of U.S. Navy aircraft car- rier USS Nimitz (CVN 68). The award, reportedly valued at approximately $119 million, will enable the yard to continue plan- ning work in preparation for the ship's scheduled arrival for over- haul in May 1998.

The planning work includes pro- duction of more than 2,000 engi- neering drawings required for upgrades to the vessel's existing systems. The actual overhaul and refueling work is scheduled to take slightly more than two years to complete.

Nimitz, built by Newport News and homeported in Bremerton,

Wash., was the second nuclear- powered aircraft carrier to be built for the U.S. Navy, and is the lead ship in its class. NNS is currently building two Nimitz-class aircraft carriers, Harry S. Truman (CVN 75), to be delivered in 1998, and

Ronald Reagan (CVN 76), sched- uled for delivery in 2002.

For more information on NNS

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Laser Plot Awarded ECS

License From U.K.

Hydrographic Office

Auburn, Mass.-headquartered

Laser Plot Inc. announced that the

U.K. Hydrographic Office has granted a license for the compa- ny's ARCS electronic chart service (ECS). According to Laser Plot

President Bruce Angus, "The ability to use several governments' electronic chart products on one system provides the best choices and value for users."

The company has been involved in raster electronic chart technolo- gy for more than 10 years. The

ARCS Navigator product provides a weekly chart updating service on

CD-Rom. The first vessels to be upgraded to ARCS will reportedly be the U.K. Royal National

Lifeboat Institute's lifeboats, which are reportedly equipped with more than 50 ChartNav sys- tems.

For more information on Laser Plot Inc.

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Regulatory Approvals and Acceptances

AmerCable

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Fax (501) 862-9613 • http://www.amercable.com • (501) 862-4919 • (800) 643-1516 • World Class Approvals • High Temperature Ratings • Excellent Cold Weather

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Available Voltages: 600, 2000, 5000, 8000, 15000.

Gexol is a registered trademark of AmerCable, a division of Associated

Materials Incorporated

CSA

LL80350

CANADIAN

COAST GUARD 9400-20

DET NORSKE VERITAS

E-3268 through E-3271

LLOYD'S REGISTRY OF SHIPPING 91/00333 (E3)

UNDERWRITERS LABORATORIES

E111461

UNITED STATES COAST GUARD

November 2,1987/9304

Other certifications pending

AMERICAN BUREAU 93-BT52174-X

OF SHIPPING

Gexol marine cables are FLEXIBLE enough for any vessel application where safety and reliability are important.

June, 1996 79