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For International Safety At Sea... GMDSS EPIRB FromALDEN The SATFIND-406TU EPIRB activates automatically or manually and provides global coverage which can lead to timely rescue. Designed for maximum reliability, it features an enclosed antenna, 5 year battery, unique release mech- anism and high strobe position- ing for maximum visibility. Can be mounted vertically, hori- zontally or slanted. Approved by COSPAS- SARSAT, the US Coast Guard, Canada and many other countries. SJUTIND 406mRB NAVTEX AE-900 GMDSS NAVTEX From ALDEN The Alden NAVTEX Receiver AE-900 automatically receives important text bulle- tins worldwide includ- ing navigational and weather warnings, forecasts, LORAN and GPS messages and more. Selected bulletins are printed without repetition and SAR messages are received with both audible and visual alarms. It complies with GMDSS, IMO, CCIR and CEPT standards. ALDEN RELIABILITY. Mariners have trusted Alden's marine electronics for years. The SATFIND-406 EPIRB and NAVTEX Receiver AE-900 continue the reputation for value, durability and relia- bility that has made Alden's award-winning Marinefax and Faxmate weather chart recorders industry stan- dards. For more information, call (508) 366-8851. ALDENELECTRONICS Dept. 62 • 40 Washington Street • Westborough, MA 01581 -0500 USA Phone: (508) 366-8851 • FAX (508) 898-2427 SEE US AT FISH EXPO BOSTON • BOOTH #1440 I 1 Please send me information on: • SATFIND-406 EPIRB • NAVTEX Receiver AE-900 Name Company _ Address # Ships in fleet _ City Country. State _ . Phone i. Mail or Fax to: Alden Electronics, Inc. • Dept. 62 • 40 Washington Street • Westtiorougti, MA 01581-0500 USA Circle 201 on Reader Sen/ice Card ON THE COVER New York hosts the 100th An- nual Society of Naval Architects and Engineers Conference and the 11th International Maritime Exposition. Cover photo - New York Harbor showing the South Street Seaport Museum. INSIDE: Preview of S.N.A.M.E. Annual Meeting & International Mari- time Exposition 28 Preview of Fish Expo '92 45 The Ferry Market: State of the U.S. market and global development of large, fast ferries 69 Preview of International Ma- rine Transit Association (IMTA) Conference 77 Preview of MTS '92 "Global Ocean Partners " 91 ASNE Environmental Symposium 97 Sealift Program Now On Fast Track There is a $4 to $5 billion poten- tial available to U.S. Shipyards and marine equipment suppliers from the Sealift program. The Navy has recently issued two re- quests for proposals, one for ship design and conversion, the other for supplying class standard cargo access equipment. The program calls for 20 to 25 ships to be con- verted or constructed. For full details, see page 11 of this issue of Maritime Reporter. 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: Managing Editor: News Editor: Technical Editor: Editorial Consultant: Production Manager: Asst. Production Manager: Circulation Manager: Regional Sales Manager: Regional Sales Manager: RegionalSales Manager: CHARLES P. O'MALLEY JOHN E. O'MALLEY JOHN C. O'MALLEY CHARLES P. O'MALLEY JOHN SNYDER GREG TRAUTHWEIN MELANIE A. QUICK M. JAMES SINGLETON III JAMES R. McCAUL CHRISTINE T. MISKIEWICZ HELEN CANAVAN DALE L. BARNETT DANIEL A. ARNOLD LUCIA ANNUNZIATA JOANNE GAMBERT 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: 46 411-18400 Telefax: 46 411 10531 United MR.MICHAEL J. DAMSELL Kingdom Euromedia Ltd. P.O. Box 122 Hayward's Heath West Sussex RH16 1YF, ENGLAND Telephone:0444 417360 Telefax:0444 417360 Italy MR. VITT0RI0 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: (02) 265 - 5043 Fax: (02) 277 - 5148 MARITIME REPORTER AND ENGINEERING NEWS No. 10 ISSN-0025-3448 Volume 54 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 ESTABLISHED 1939 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 undeliverable 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 Maritime Reporter/Engineering News