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Repair worn, corroded parts in place ** \ »• •minimal tear down -• fast turnaround •good as new • great cost savings Why wait for replacement parts? Why remove in-line machinery? With CHESTERTON, METAL REPAIR SYSTEM you can repair damaged pump, valve or machine housings in-place, repair scored shafts, even repair metal-under water! REPAIRING WORN, HEAT EXCHANGER REPAIRING WORN. CORRODED IMPELLER There is a system of eight specialized CHESTERTON products to solve every metal repair problem at a small fraction of the cost of a standard replacement part. All products are easy to apply. Cure to a hard, well bonded substance that resists wear and chemical corrosion as well as, or better than, the original part. Seven can be machined, sawed, drilled or sanded to original part dimensions and tolerances. Ask your local CHESTERTON Distributor for complete information on the low cost CHESTERTON METAL. REPAIR SYSTEM or send for Bulletin 72920. A.W.CHESTERTON CO., Stoneham, MA 02180 USA. For immediate response, phone 617-438-7670. METAL REPAIR SYSTEM - A W CHESTERTON CO ,1986 All Rights Reserved Circle 112 on Reader Service Card ON THE COVER The Hamburg Show —SMM '86- PAGE 16 A.S.N.E. Fall Symposium PAGE 50 Naval Technology And Shipbuilding PAGE 29 Wartsila Becomes Major Shareholder In Wichmann —New Company Formed An agreement for change of own- ership has been reached between A/S Wichmann of Rubbestadneset, Norway, Wartsila Diesel, and a local group of shipowners and yards. The agreement has been approved by the Norwegian Industrial Fund and Department of Industry, and sanc- tioned by the Norwegian Cabinet. The agreement calls for forming a new company—Wartsila-Wich- mann Diesel A/S—that will take over the factory at Rubbestadneset. Oy Wartsila AB will be the major shareholder of the new company; the remaining share capital will be supplied by the local group of ship- owners and yards, as well as by employees. The new company will have all rights to manufacture Wichmann products. Wartsila-Wichmann will continue diesel engine production, and will conduct an effective after-sales ac- tivity including service, sales of spare parts, and ship repair work. Controllable-pitch propellers and remote control systems are to be sold worldwide as part of complete propulsion systems. Marketing of the new WX28 heavy fuel engine will be concen- trated in Norway, Iceland, and Fa- roe Island. This engine will also be sold to Norwegian shipowners building abroad, to Norwegian yards building for foreign owners, and to former Wichmann customers all over the world. For additional information and free literature on the new company and its product lines, Circle 92 on Reader Service Card MARITIME REPORTER and Engineering News Editorial and Executive Offices 118 East 25th Street, New York, NY 10010 (212) 477-6700 • ITT Telex: 424768 MARINTI Publishers: Editorial Director: Editor: Senior Editor: Associate Editor: Editorial Coordinator: International Editor: Advertising Sales Director: Regional Sales Managers: Production Manager: Circulation Manager: JOHN E. O'MALLEY CHARLES P. O'MALLEY CHARLES P. O'MALLEY ROBERT WARE THOMAS H. PHILLIPS JOHN SNYDER LILIAN IRVINE ROBIN F. BURNETT, MRINA, MNI, London, England JOHN C. O'MALLEY LISA WILLIAMS SHARI L. LINKER MARGE SULLIVAN M. SOTTILE Advertising Circulation and Sales Offices 118 East 25th Street, New York, NY 10010 Telephone (212) 477-6700 REPRESENTATIVES Holland MR. TONY KENTER Kenter & Co. P.O. Box 130, 7470 AC Goor, Holland Telephone: 05470-5005 Telex: 72028 Italy MR. VITTORIO F. 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Room No. 206 Pegasus Mansion 21-7, Hakusan, Bunkyo-ku, Tokyo 112 Japan Telephone: 03 (812) 2406 Telex: 02722469 EVERAD J MARITIME REPORTER AND ENGINEERING NEWS No. 10 ISSN-0025-3448 Volume 48 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 Telex: MARINTI 424768 ESTABLISHED 1939 ALL MATERIAL FOR EDITORIAL CONSIDERATION SHOULD BE ADDRESSED TO ROBERT WARE. EDITOR. Maritime Reporter/Engineering News is published monthly, except twice a month in January, by Maritime Activity Reports, Inc. Mailed at Second Class 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. Member VBPA Business Publications Audit of Circulation, Inc. "llil 4 Maritime Reporter/Engineering News