Page 2: of Maritime Reporter Magazine (November 1998)

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EXCLUSIVE AGENT

MARITIME

REPORTER

AND

ENGINEERING NEWS

Pictured on this month's cover is Neuwerk, a multipurpose vessel delivered in 1997. The 25 ft. (78.4-m) vessel features a host of advanced technological equipment from STN Atlas

Marine Electronics, including: diesel-electric propulsion system; electrical power generation/distribution; power management; alarm and monitoring system; navigation and communication equipment; and a safety and sonar system. 8 Simulated Voyage, Real Experience

Star Cruises has procured its own vessel simula- tor, to ensure that its considerable investment in new tonnage is operated in the most efficient and safe manner. — by David Tinsley

AND

ENGINEERING NEWS

ISSN-0025-3448

USPS-016- 750

No. 11 Vol. 60 118 East 25th Street New York, NY 10010 (212) 477-6700

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

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

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Business Publications

Audit of Circulation, Inc. 49 All In The Family

This year's workboat annual takes an indepth look at two of the industry's traditional power- houses, Crowley Maritime Corp. and McAllister

Towing & Transportation. 96 Finnish Maritime Report

Finland's contributions to the maritime market, particularly the high-value, high-technology niche, are stronger than ever. — by David Tinsley

It Was Hopping In Hamburg

The SMM Exhibition in Hamburg was once again the world's largest showcase for the latest marine equipment advances.

AB STEPHAN R G ORN

P.O. Box 184

S- 271 24 Ystad

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Telephone:+46 411 184 00

Fax:+46 411 105 31 e-mail:[email protected] 13 Marine Finance 27 Software Solutions 37 Legal Report: Ocean Shipping Dregulation Passed 40 Ferry Boat Report: Victaulic Fittings aid in modu- lar construction; Blount delivers new fast craft design 64 Help Yourself: Non-metallic bearings aid self- unloading barges. 70 Workboat Products & Services Guide 104 Ship Repair & Conversion 108 People & Company News 125 Buyer's Guide 128 Advertisers Index 129 Classifieds

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

A Team Effort

The merger which created Aker Yards — four shipbuilders comprising seven shipyards in three countries — is set to take the art of building unique ships to profitable new heights. 2 Maritime Reporter/Engineering Newc

Maritime Reporter

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