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Contents

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NLB North America 29830 Beck Road

Wixom, Ml 48393, USA

Phone: 01-248-624-5555

Fax: 01-248-624-0908

NLB Europe

Gentianenlaan 17 3233 VC Oostvoorne, Netherlands

Phone: 31-(0) 181-482811

Fax: 31-(0) 181-485238 e-mail: nlbmktg@nlbusa.com e-mail: watercle@publishnet.nl www.nlbcorp.com

Circle 264 on Reader Service Card or visit www.maritimereporterinfo.com

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Barnett, fax: (212) 254-6271; e-mail: bornett@marinelink.com

MARITIME

REPORTER

AND

ENGINEERING NEWS

ISSN-0025-3448

USPS-016-750

No. 3 Vol. 64 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271

Founder: John J. O'Mai ley 1905 - 1980

Charles P. O'Malley 1928 - 2000

Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at

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On the Cover K

A firsthand account:

MR/EN was invited to attend the launching of Inigo Tapias, a new 138,000 cu. m LNG carrier that was chris- tened on January 29, 2002 at IZAR's Sestao

Shipyard in Bilbao, Spain. The 933-ft. vessel, which exemplifies the technologi- cal and financial know-how of the

Spanish Maritime market, is the first of a series of five LNG's that will be built at

IZAR's Sestao and Puerto Real yards. (Photo Credit: Greg Trauthwein).

News 4 Smit Salvages Kursk

Smit Salvage has developed a new, innovative wreck cutting system that was used to raise the doomed Russian sub Kursk. 12 IFS and DNV Go IT

IFS Norway and DNV have melded technolo- gies to form an innovative IT solution. 23 Formation of a Trio

Lauritzen Cool, Eastwind Transport and

Armada Shipping have joined to form a new marketing company — ReeferShip Ltd. 41 Derecktor Lands Deal

Derecktor Shipyards clinched a deal to con- struct a pair of high speed ferries for the Alaska

Marine Highway System. 48 Ship's Store 54 Buyer's Directory 56 Advertisers Index 57 Classified Ads 4 Maritime Reporter & Engineering News

Features 17 Going Under

Miami Diver's unique, universal underwater bonding method could be dubbed the next generation of underwater ship repair. 24 The Electronic Era Has Arrived

First it was diesels, then the age of the gas turbine, now the electronic engine has grabbed a foothold as the newest innovation in marine propulsion technology. — by David Tinsley, technical editor 46 Fleet F77 Is on Inmarsat's Horizon

Known as the original mobile satellite communications provider for the maritime industry, Inmarsat reports that its systems are at all-time high — perfectly coinciding with the release of the company's new Fleet F77

Mobile ISDN and Mobile Packet Data services. — by Ruth Ling 27 From Steam To Gas

From quadruple expansion engines, to Wartsila's EnviroEngines and GE's gas turbines, technology in the engine room has come a long way. — by Jessica DuLong, contributing writer 28 IZAR Stamps its LNG Mark

MR/EN had the opportunity to witness the launching of Inigo Tapias, a new 138,000 cu. m LNG carrier that was christened at IZAR's Sestao shipyard in Bilbao this past January. Measuring 933 ft., the vessel is a symbol of Spain's testament that the LNG market is in full force — by Greg Trauthwein

Maritime Reporter

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