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MARITIME REPORTER AND ENGINEERING NEWS 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 ISSN-0025-3448 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. No. 5 Volume 56 Founder: John J. O'Malley 1905-1980 Member WBPA • INTERNATIONAL Business Publications Audit of Circulation, Inc. MARITIME REPORTER & ENGINEERING NEWS EDITORIAL, ADVERTISING & EXECUTIVE OFFICES 118 E. 25th ST. New York, N.Y. 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 ON THE COVER The IHI-built Polar Eagle is an LNG carrier with many technologically innovative characteristics. Featured as an Outstanding Oceangoing Ship of 1993 in MR/EN's December 1993 edition, the 48,817-dwt vessel measures 784 feet (239 m) long and 131 feet (39.9 m) wide. Classed by ABS, it is the first vessel equipped with IHI's SPB system (Self-supporting Prismatic IMO type B) independent tanks, which are incorporated into the hull, allowing for a flat upper deck. MR/EN's "TANKER TECHNOLOGY" coverage starts on page 27. MARKET FOCUS: U.S. Industry Commercialization U.S. yards and manufacturers innovate to build ships competitively on the interna- tional level. Tanker Technology & The Marine Environment Read up on the latest technology in pro- pulsion, shipyards and vessel design. PLUS: Market outlook &OPA '90 update. REVIEW: Deck Machinery & Cargo Handling Equipment Catch up with the latest technical and market trends in this high-profile mar- ket segment. 4 Maritime Reporter/Engineering News Circle 289 on Reader Service Card IN THIS ISSUE: Industry Trends: The Aging Fleet Trinity Delivers Foss Tractor Tug McDermott, SVI To Build Product Tankers In U.S. Product Review: Marine Fuels, Lubricants & Additives Preview: API Tanker Conference Classifieds Publishers: EDITORIAL Editorial Director: Managing Editor: Assistant Editor: Assistant Editor: Editorial Consultant: Intornational Editors: PRODUCTION Production Manager: Asst. Production Manager: Circulation I Charlos P. O'Malley John E. O'Malley John C. O'Malley Charlos P. O'Malley Grog Trauthwoin Erin M. 0'Driscoll Dan Maniotis James R. McCaul Graeme MacLennan Alan Thorpe Patricia Kennedy Joan Wanamaker Dale L Barnett SALES Regional Sales Manager: Daniel A. Arnold Regional Sales Manager: Lucia Annunziata (For a complete list of Regional Reps, turn to page 7) Pauluhn has a complete line of Incandescent, Fluorescent, HID, Hazardous Location lighting fixtures. Call or write for our NEW catalog. Pauluhn Electric Mfg. Co., Inc. 1616 N. Main P.O. Box 53 Pearland, Texas 77581 ( 713 ) 485-4311 ( 713 ) 485- 4398 Fax