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The 1984 Annual HtUiyiiiHWT CATALOG MARINE CATAtOS The WorlcTs Most Complete Annual Marine & Naval Equipment Catalog For Vessel Owners, Shipbuilders, Marine Designers, Naval Architects and Purchasing Agents. DETACH AND MAIL Mail to: Marine Equipment Catalog c/o Maritime Reporter 107 East 31st Street New York, New York 10016 Yes, I wish to take advantage of this Special Offer. Please reserve copies of Marine Equipment Catalog. Name Position Company Business Address D Enclosed is my remittance of $65.00 per copy for copies of the Marine Equipment Catalog. • Please bill me • Please bill my company Circle 157 on Reader Service Card ON THE OOVER Cover Photo — Trade Commission of Norway Nor-Fishing '84 A Preview PAGE 12 Offshore Northern Seas A Preview PAGE 16 Scandinavian Shipbuilding PAGE 24 Tacoma Boat Awarded $110-Million Contract To Build Passenger Liner B. James Lowe, president of Tacoma Boatbuilding Company of Tacoma, Wash., has announced that details of a contract valued at $110 million with Gulf Pacific Cruise Lines of Houston for con- struction of an 800-passenger cruise liner have been finalized. Imple- mentation of the contract had been contingent upon Gulf Pacific's se- curing of final financing. According to Mr. Lowe, the Houston-based company has now obtained appropriate letters of credit from a major financial insti- tution. Gulf Pacific recently ap- plied to the Maritime Administra- tion for a Title XI mortgage guarantee that would cover 75 percent of the cost of the vessel, which will be named the Galves- ton. Approval of the application, expected within 90 days, will sig- nal the go-ahead for the project. The new ship will be based in Galveston, Texas, and operate cruises in the Gulf area. It is esti- mated that delivery of the U.S.- flag vessel will be about three years after start of construction. According to Gulf Pacific presi- dent Julio Giannotti, his com- pany also plans to buy the former Matson passenger ship Monterey, which is laid up in San Francisco and now owned by American Mar- itime Holding Inc. The passenger capacity of the 14,799-gt ship would be increased from 350 to 600. Gulf Pacific intends to request a Title XI guarantee from MarAd to aid the financing of the conversion, which could be accomplished in about 12 months' time. MARITIME REPORTER and Engineering News Editorial and Executive Offices 107 East 31st Street, New York, N.Y. 10016 (212) 689-3266 • ITT Telex: 424768 MARINTI PUBLISHERS John E. O'Malley Charles P. O'Malley EDITORIAL DIRECTOR Charles P. O'Malley EDITOR Robert Ware SENIOR EDITOR Thomas H. Phillips ASSOCIATE EDITOR Kathleen Reagan EDITORIAL COORDINATOR Lilian Irvine TECHNICAL EDITOR L. Parke Adair. BSNA, PE INTERNATIONAL EDITOR Robin F. Burnett. MRINA, MNI. London, England BUSINESS MANAGER John E. O'Malley ADVERTISING SALES DIRECTOR John C. O'Malley ADVERTISING SALES MANAGER Linda Niepokoj PRODUCTION MANAGER Katherine St. Onge ART DIRECTOR Ellen Hemmer CIRCULATION MANAGER M. Sottile SALES OFFICES New York, New York Maritime Reporter & Engineering News 107 East 31st Street. New York. NY 10016 Telephone: (212) 689-3266 Houston, Texas Robert Hawley Gary Lindenberger Mike Sullivan 1 1777 Katy Freeway, Suite 155. Houston, TX 77079 Telephone: (713) 870-0470 Italy Mr. Vittorio F. Negrone Ediconsult Internazionale Piazza Fontane Marose. 3-16123 Genova, Italy Telex: 211197 EDINT 1 Telephone: (010) 543.659-268.334-268.513 Scandinavia Mr. Stephan R G Orn Ab Stephan R G Orn Box 184, S-271 00 Ystad. Sweden Telex: 33335 ORN S. Telephone: 0411-184 00 West Germany Wolf O. Storck Schiffahrtswerbung Karl-Otto Storck Stahlwiete 7. 2000 Hamburg 50, Federal Republic of Germany Telephone:040/850 0071 MARITIME REPORTER AND ENGINEERING NEWS (USPS) 016-750 107 EAST 31st STREET NEW YORK, N.Y. 10016 (212)689-3266 Telex: MARINTI 424768 Maritime Reporter/Engineering News is published the 1st and 15th of each month by Maritime Activity Reports, Inc. Controlled Circu- lation postage paid at Waterbury, Connecticut 06701. Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y. 10016. No. 14 Volume 46 ESTABLISHED 1939 ALL MATERIAL FOR EDITORIAL CONSIDERATION SHOULD BE ADDRESSED TO ROBERT WARE, EDITOR. Member VBPA Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News