Page 6: of Maritime Reporter Magazine (May 1999)
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International
Representatives m w
EDITOR'S NOTE T he title which adorns this months cover — Bigger, Faster & Stronger — is truly reflective of the trend toward the use of new, innovative materi- als in all phases of vessel building and outfitting. While the maritime industry is labeled conservative in terms of incorporating new technology by some outsiders (and some insiders, too!), caution when utilizing new materials is war- ranted and oftentimes regulated, given the unique and rigorous demands of ship- board service, and the high stakes in the event of a failure.
While advances in hull materials often gets a lion's share of exposure, it is simply one small portion where advanced materials have been incorporated. Cruise ships, for example, can serve as a micro- cosm of marine materials advances, incorporating everything from longer lasting stair treads to cabin construction to fiber optic cabling. New materials are constantly being evaluated in terms of provid- ing longer-lasting life, structural strength and stability and, of course, for weight savings. Scrutinizing of marine materials, particularly on the cruise ship side with thousands of lives (and potential lawsuits) at stake, is understandably rigid. "Materials Matter" begins on page 22.
While the Bigger, Faster & Stronger title may ring true in terms of marine materials, it is perhaps a paradox in terms of the state of the commercial shipbuilding business today. Last month, two indus- try giants — Kvaerner ASA and Daewoo — announced plans to walk away from the shipbuilding business. In both cases, the business of building ships is viewed as not profitable enough, although in both cases the shipbuilding component is simply one aspect of a larger conglomerate which is experi- encing tough economic times.
It is yet to be determined, and probably never will be, if the moves are influenced more by politics, shareholders or the business itself. Most likely it was a liberal combination of the three. At press time,
Kvaerner was set to announce its plans — outright sale, partnership or spin-off — while Daewoo was reported to be in talks with Japan's Mitsui. Regardless of the outcome, the sight of two industry majors heading for the "Exit" door after constructing massive infrastructure with the goal of economizing the shipbuilding process — and constant talk of low to no margins on the ship repair side — should pro- vide a jolting wake-up call to the industry. nq In C< _
June 1999 YEARBOOK EDITION
Country Focus: U.K.
July
Diesel Power Annual • Cruise Industry
Report • Safety Products Review •
CAD/CAM Systems • SatCom Suppliers •
Deck Machinery & Cargo Handling Equip.
August
U.S. Ship & Boatbuilding Annual •
Software Solutions • Fast Ferry Technology • Engine Performance Equipment •
Country Focus: Germany
September
SNAME Annual • Marine Propulsion
Technology • Ship Maintenance/Safety
Products • Information Technology
October 60^ ANNIVERSARY EDITION • SatCom
Innovations • Vessel Overhaul &
Maintenance • Regional Focus: U.S. East
Coast • Country Focus: Sweden
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