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KAHLENBERG BROS.CO MARINE PRODUCTS SINCE 1895 Kahlenberg has developed a triple chimetone air / steam whistle for the largest of gambling, excursion / dinner boats. This 442 lb. whistle will simply make your hair stand up straight with its beautiful sound. Contact Kahlenberg for the next air / steam whistle for your Stern Wheeler Bring back the nostalgia of the Mississippi River during her steamboat days. CALL KAHLENBERG TODAY. ( 414 ) 793-4507 Fax:(414)793-1346 P.O. Box 358, Two Rivers, Wisconsin 54241 Circle 281 on Reader Service Card ON THE COVER The City of St. Louis, "the Gateway to the West," will be the site of the Annual Meeting of the National Water- ways Conference (NWC), one of the nation's largest organizations repre- senting the interests of inland water- ways carriers, shippers, yards, port authorities, and others. This issue will also feature a supplement on one of the hottest markets in the marine industry—riverboat gaming. The major operators, newest vessels and latest legislation are all examined. INSIDE: Preview of NWC Annual Meeting 13 U.S. Shipyards: Current Challenges & Viable Solutions 26 Preview of AWO Fall Convention 28 Riverboat Gaming Supplement: New Lucrative Marine Market 35 Riverboat Casino Showcase 47 Offshore Northern Seas Preview 55 Market Prospects for Cape-Sized Bulk Carriers 59 $15.8 Million Contract To Westinghouse The Plant Apparatus Division of Westinghouse Electric Corp., Wilkins Township, Pa., has re- ceived a $15.8 million contract from the Naval Sea Systems Com- mand for naval nuclear propulsion components. MARITIME REPORTER and Engineering News Editorial and Executive Offices 118 East 25th Street, New York, NY 10010 (212) 477-6700 • ITT Telex: 424768 MARINTI Telefax: (212) 254-6271 Publishers: Editorial Director: Editor: Senior Editor: News Editor: Technical Editor: Editorial Consultant: Production Manager: Asst. Production Manager: Circulation Manager: Regional Sales Manager: Regional Sales Manager: CHARLES P. O'MALLEY JOHN E. O'MALLEY JOHN C. O'MALLEY CHARLES P. O'MALLEY JOHN SNYDER THOMAS H. PHILLIPS MELANIE A. QUICK M. JAMES SINGLETON III JAMES R. McCAUL CHRISTINE T. MISKIEWICZ HELEN CANAVAN DALE L. BARNETT DANIEL A. ARNOLD LUCIA ANNUNZIATA Advertising Circulation and Sales Offices 118 East 25th Street, New York, NY 10010 Telephone (212)477-6700 REPRESENTATIVES U. S. MR. JAMES N. McCLINTOCK Gulf States Wheelhouse One Building 634 Village Lane North, Suite 205 Mandeville, LA 70448 Telephone: (504) 626-7990 Telefax: (504) 624-5163 Scandinavia MR. STEPHAN R. G. ORN AB Stephan R.G. Orn Box 184, S-27100 Ystad, Sweden Telephone 0411-18400 Telex: 33335 Orn S Telefax: 411 10531 United MR.MICHAEL J. DAMSELL Kingdom Euromedia Ltd. Tern House, Upper West St. Reigate, Surrey RH2 9HX England Telephone: 0737 242558 Telefax: 0737 223235 Telex:932699 KENPUB G. Italy MR. VITTORIO F. NEGRONE Ediconsult Internazionale Piazza Fontane Marose, 3-16123 Genova, Italy Telephone: (010) 583520 Telefax: (010) 566578 Telex: 211197 EDINTI Germany MR.THEO ANTHONY AM Lerchenber 22 D-2112 Jestenberg bei Hamburg, Germany Telephone: 4183-5541 Fax: 4183-5543 Korea MR.C.H. PARK Far East Marketing Inc. Rm. 508, Chungmu Building 10, 2-ka, Pil-dong, Chung ku. Seoul, Korea Telephone 14605-63-77 Fax: 14603-33-21 MARITIME REPORTER AND ENGINEERING NEWS ISSN-0025-3448 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 ESTABLISHED 1939 No. 8 Volume 54 Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at Second Class Postage Rates at Waterbury, CT 06701 and additional mail- ing offices. Postmaster send notification (Form 3579) regarding undellverable magazines to Maritime Reporter/Engineering News, 118 East 25th Street, New York, NY 10010. Publishers are not responsible for the safekeeping or return of edi- torial material. Member VBPA Business Publications Audit of Circulation, Inc. 4 Circle 258 on Reader Service Card Maritime Reporter/Engineering News