Page 2: of Maritime Reporter Magazine (March 1998)

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HOLLA exploring

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AND

ENGINEERING NEWS 118 East 25th Street

New York, NY 10010 (212) 477-6700

ISSN-0025-3448

USPS-016-750

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or ottv erwise without the prior written permission of the publishers.

No. 3 Vol. 60 Founder: John J. O'Malley 1905 - 1980

Maritime Reporter/Engineering News is published monthly by Maritime

Activity Reports, Inc. Mailed at Periodicals Postage Rates at Waterbury,

CT 06701 and additional mailing offices.

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Canada Post International Publications Mail Product (Canadian

Distribution) Sales Agreement No. 0970700. Printed in U.S.A.

Publishers are not responsible for the safekeeping or return of editorial material. © 1998 Maritime Activity Reports, Inc.

Member

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Business Publications

Audit of Circulation, Inc. 78B Maritime Reporter/Engineering News

Marine Finance

From The Bridge: MR/EN spent a night aboard thejFinnish ice- breaker Fennica to experience the results of a new ECDIS project first-hand.

Gulf Coast Update: As the price of oil drops, so too does the confidence of a sustained GOM boom market.

Legal Update

New & Notable

Bunker Fuel Monitor; Recent Ship Sales

WORLD SHIP REPAIR TECHNOLOGY

Marine Electronics & Nav/Com Review

Marine Paints & Coatings

Marine Literature Review

COUNTRY FOCUS: SINGAPORE -——•

People & Company News

Buyer's Directory

Advertiser's Index .... • -

Classified

The sophisticated control of flow increases propulsive efficiency, making this the ideal solution for us since it must be born of a profound knowledge of hydrodynamics.

With this technology we computer design propellers to maximum efficiency, extreme durability and exceptional smoothness.

Testing time is reduced to a minimum by designing and manufacturing exactly to design point, and overall efficiency is improved by optimizing propeller geometry and secondary characteristics to best fit environmental flow and vessels dynamics.

ROLLA SP PROPELLERS SA

VIA SILVA, 5 P.O. BOX 251 6828 BALERNA SWITZERLAND

TEL. 091 -695 20 00 FAX 091 -695 20 01

Pictured on the (over: Disney Magic pictured at Fincantieri. The ship, dubbed thel

Modern Classic by its owners, is extensively profiled starting on page 38.

Subscriptions: One full year (12 issues) $18.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscription information, contact: Dale Barnett, fax: (212) 254-6271.

Maritime Reporter

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