Page 2: of Maritime Reporter Magazine (May 1999)

Read this page in Pdf, Flash or Html5 edition of May 1999 Maritime Reporter Magazine

MARITIME

REPORTER

AND

ENGINEERING NEWS

Built at Italy's Rodriquez Cantieri Navali, Segesta Jet is a 165.5-ft. (50.5-m) fast ferry capable of carrying 500 passengers at more than 30 knots. 8 Ships of the Future

The containership component of the world fleet has grown 8.7 percent over the past five years alone, and the prospect of considerable volume growth during the next 10 years drives the industry to achieve ever-higher efficiencies per slot. — by David Tinsley 62 Ship Repair Challenges

Both the ship repair and conversion industries an undergoing some difficult times at present, with owners and operators in the conventional ship- ping and offshore market suffering from low incomes.

ALSO IN THIS EDITION

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; e-mail: [email protected]

AB STEPHAN R G ORN

P.O. Box 184

S- 271 24 Ystad

SWEDEN

Telephone: +46 411 184 00

Fax:+46 411 105 31 e-mail:[email protected] 34 Finnish Technology

While Kvaerner's pull-out of the ship- building business will undoubtedly change the balance of maritime might, the Finnish maritime infrastructure has built and will maintain a technological edge. — by David Tinsley

Marine Finance Booming oil boosts OSE

Maritime Law U.S. Flag Cruise enjoys growth

Canadian Maritime Report

Software Solutions

Fuels, Lubricants & Additives

ASNE Day Preview

Marine Literature Review

Buyer's Guide

Advertiser's Index

Classified Advertising

EXCLUSIVE AGENT

Weighty Issues

Minimizing weight while maintaining structural strength and integrity is crucial to all who design, build and own vessels. MR/EN exam- ines recent successes and notable developments in the area of advanced marine materials.

MARITIME

A H'l'Ail:

AND

ENGINEERING NEWS

ISSN-0025-3448

USPS-016-750

No. 5 Vol. 61 118 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.

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.

Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 118 East 25th

Street, New York, NY 10010.

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

Business Publications

Audit of Circulation, Inc. 2 Maritime Reporter/Engineering News

Maritime Reporter

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