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WHEN YOU BUILD SHIPS IN SERIES, YOU'D BETTER BE SURE THEY ARE THE BEST! B&lAf SHIPYARD At B&W Shipyard we have a simple marketing philosophy. We see a ship as a means of making money for our customers. That is why we have de- veloped ships with out- standing fuel economy, high payloads and quick turn- round capability. The evi- dence is in the above average charter rates they consistently obtain and the premiums paid for them on the S&P market. We have an added incen- tive to design the best. Because we know that the greatest opportunity for product- and productivity improvements are found at the design stage. We only build one type of ship at a time - in series. Our present series of pana- max product tankers has become a market leader in the large product tanker sector over recent years. You may, however, know us better for our panamax bulk carriers, the B & W Mk I, II, and m, which we built from 1967 to 1985. Soon we will introduce a Mk IV, an even superior ship. Burmeister&Wain Shipyard P.O. Box 2122, Refshaleoen DK-1015 Copenhagen. Tel. 45 -1-571133 Telex: 31455 bwyrd dk Burmeister& Wain was established in 1843 and has built 700 ships, of which more than 50 were the B&W Mk I, II and III bulk carriers. Our current production series so far totals 11 CPT54E product tankers. Circle 342 on Reader Service Card June, 1988 19