Page 26: of Maritime Reporter Magazine (February 2001)

Pound For Pound,

IBallast-Crete Is Better.

For All Marine Fixed Ballast Operations

Densities Up To 400 pcf (S.G. 6.4)

Inorganic, removable, and available in a wide range of densities, Ballast-

Crete is the ballast of choice for naval architects and engineers around the world. For more information, call

Red land Genstarat(410) 683-9254.

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Redland

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[email protected] capacity expansion given that the competitive pricc environment occurred during the more robust econom- ic climate of 2000 and at the early stage of the industry capacity expansion. Moody's expects older ships will continue to be retired, as about 15 percent of the indus- try capacity is more than 20 years old which will aid the supply and demand balance. Furthermore, the industry has been consolidating with the top three cruise com- panies comprising more than 70 percent of capacity up from about 45 percent in 1991. Additionally, demo- graphics are favorable to the industry since the average age (50) of the typical cruiser is within one of the fastest growing segments of the population. Also, the company continues to attract new first time cruisers, that indicates continued penetration of the cruise prod- uct. Royal Caribbean, headquartered in Miami, Fla., operates a cruise line under the brand names, Royal

Caribbean International and Celebrity Cruises. During the year ended December 31, 1999, the company's rev- enues were S2.5 billion.

N01 in World wide trading in new anjl second-hand maritime/ offshore equipment

Lifeboats—totally enclosed / partially enclosed /open

Tenders • Mob.-Boats

Work Boats • Rescue Boats

Fast Rescue Boats

Davits - ships and rig davits / single arm / liferaft davits

Liferafts • Immersion Suits

Deck Cranes • Rig Cranes

Helicopter Decks

Winches -diesel/hydr./electric/air

Capstans • Hydraulic Power Packs

Anchors • Chains

Reverse Osmosis Plants

Sewage Treatment Plants

Generator Sets • Air compressors

Azimuthing and tunnel thrusters

Accommodation Modules

Firefighting systems

Pumps • Purifiers • Grabs • Fenders

Various Maritime /

Offshore Equipment

Norwegian Maritime Equipment AS sells, buys and negotiates new and second-hand maritime/ offshore equipment. Delivered with documentation, and ISO 9002 certificates.

Upon request we will send you an offer with technical specifications and prices

NORWEGIAN

MARITIME EQUIPMENT

P.O. BOX 244, 5480 HUSNES, NORWAY

Tlf +47 53 47 95 00 Fax +47 53 47 34 99

Internet: http://www.nme.no

E-mail: [email protected]

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PASSENGER FERRIES

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CRUISE VESSELS

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NAVAL ARCHITECTS - DESIGNERS • MARINE ENGINEERS tSLANDS BRYGGE 41

DK-2300 COPENHAGEN S • DENMARK

PHONE: +45 32 83 13 91 • FAX: +45 32 83 13 94

E-MAIL: [email protected]

WWW.KNUDEHANSEN.COM

MEMBER OF THE SEMCON GROUP

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