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STRAINERS, FILTERS TRANSFER VALVES TRANSFER PUMPS Rugged Construction—Cast Iron, Steel, Stainless, Bronze and Other Alloys. Flanged, Threaded or Weld-End. Model 72 Simplex & Duplex Strainers For fuel oil, lube oil, cooling water or any fluid service. Protects pumps, nozzles, meters, heat exchangers and process lines. Size 1/4" to 12" and larger. High pressure/temperature special designs available. Model 73 Sea-View Strainers Simplex- Duplex Cast bronze body with transparent sump permits instant visual inspection of flow and collected debris. Sizes l"to4". Model 72AA Transfer Valves Six (6) port plug valve for duplexing two tanks, heat exchangers, filters, or other systems with mini- mum piping and space. Easy 1/4 turn, one stroke plug valve operation switches flow from one side to the other. Sizes 3/4" to 8" and larger. High pressure/temperature special de- signs available. Model 60 Pumps General line of cast iron fuel and lube oil pumps—direct connected for light oils, reduction drives for heavy oils. High temperature special designs available. Sizes 3/8" to 2". i I KRAISSL CO. 303 Williams Avenue., Hackensack, N.J. 07601 Tel: (201) 342-0008 • Fax:(201)342-0025 Circle 117 on Reader Service Card MARITIME REPORTER & ENGINEERING NEWS EDITORIAL, ADVERTISING & EXECUTIVE OFFICES 118 E. 25th ST. New York, N.Y. 10010 Tel: (212) 477-6700; Fox: (212) 254-6271 THE WORLD YEARBOOK 27 Status Report: U.S. Maritime Assistance Programs 29 European Report: Optimistic outlook for newbuilding of vessels both large and small 38 U.S. Navy Orderbook 41 EDITORIAL: Secretary of the Navy John Dalton divulges ordering plans through the end of the decade 43 U.S. Yards: Survey of New Construction 50 Directory: U.S. Flag Oceangoing Merchant Fleet 59 World Yards: Survey of New Construction 64 Directory: U.S. Parent Company Foreign Flag Fleet 75 Directory: U.S. Shiprepair Facilities 82 Ports: Ranking of Top Ports By Volume & Value 83 EDITORIAL: AAPA's Erik Stromberg 89 Spill Clean-Up: NOBE reports results on spill burn experiment 90 Ship Losses: First quarter '94 numbers are cause for concern 91 Port State Control Initiative: u.s.c.G. unveils plan to keep substandard ships out of U.S. 120 Casino Vessel Quarterly 134 Inland: Legislative Issues Top Agenda Newport News Gets Letter-of-lntent iers Publishers: Charles P. 0'Malley John E. 0'Malley John C. 0'Malley Li'L' EDITORIAL Editorial Director: Charlos P. 0'Malley Managing Editor: Grog Trauthwoin Assistant Editor: Erin M. O'Driscoil Assistant Editor: Dan Maniotis Editorial Consultant: James R. MiCaul International Editors: Grnemo I 144 20 Projects Awarded MARITECH Funds 154 Classifieds Ail rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise with- out the prior written permission of the publishers. Carol Fulford Andy Smith PRODUCTION Production Manager: Patricia Kennedy Asst. Production Manager: Joan Wanamaher Circulation Manager: Dale L Rarnett SALES Regional Sales Manager: Daniel A. Arnold Regional Sales Manager: Lucia Annunziata (For a complete list of Regional Reps, turn to page 7 MARITIME REPORTER AND ENGINEERING NEWS ISSN-0025-3448 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 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. 6 Volume 56 Founder: John J. O'Malley 1905-1980 Member WBPA • INTERNATIONAL Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News