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Two sizes available— 96504 2-1/2 GPM, 96609 7-1/2 GPM Two voltages—120VAC & 230VAC Economical—best price on the market Call your local distributor or 800-356-6606 for the one closest to you _ Compact for easy retrofit— 96504 150lbs.dry—35" x28" x 16" 96609 300 lbs. dry-45" x 45" x 30" Easily installed— 3 standard pipe connections 1 3-wire electrical hookup Extremely efficient—far below U.S. Coast Guard & IMO 15 ppm discharge requirement Compatible with cleaners—Nelson's own or other recommended cleaners Oil content meter available— U.S. Coast Guard & IMO approved 99971A Bilge Alarm NELSON DIVISION Exhaust & Filtration Systems P.O. Box 428 Stoughton, Wisconsin 53589 Telephone (800) 356-6606 Telefax (608) 873-1532 NELSON Industries, Inc. Bilge Boy™ FROM NELSON Meet discharge standards before you meet the Coast Guard! ON THE COVER The cover illustration is a model of the USS Sentry (MCM3), produced at Puget Sound Naval Shipyard, Bremerton, Wash. It is the first complete ship 3-D Product Model produced by the U.S. Navy using Intergraph's Integrated Ship Design and Production (ISDP) suite of products. The model is planned to be used in Continuous Acquisition and Life-Cycle Support (CALS) initiative as a baseline for the ships in the USS Avenger (MCM1) class. The 3-D product model and its class variants are used for the design to production of ships, and continue with life cycle maintenance. For more on Intergraph, turn to page 12. 53 SNAME: The Society of Naval Architects & Marine Engineers will convene its annual meeting and the International Maritime Exposition in the nation'scapital from October 4-7. A full schedule of educational sessions — covering everything from shipbuilding technology to naval affordability — coupled with nearly TOO exhibitors, promises to make this one of the organization's best offerings to date. PLUS" A special insert focuses on Norwegian suppliers' efforts at SNAME (to follow page 50). ALSO IN THIS ISSUE: 12 CAD/CAM Update 20 European Update: TT-Line's "Green" RoRo almost ready at Finnyards. 76 Finland Maritime Review 80 Market Report: Panamax bulk carrier market looks optimistic. 82 Coatings Update: The development of a hydrophobic/icephobic coating. 95 Avondale Wins Order For Tankers: Russian owner to get seven 42,000-dwt product tankers by 1998 from New Orleans yard. 96 Recent Ship Sales 96 Financial Update:The importance of residual value. 97 Financial Update: Tanker market overview. 109 Fast Action Reader Service Card 112 Classifieds Circle 317 on Reader Service Card Marine Propulsion Technologies ii .special supplement to Maritime Reporter A 52-page supplemental publication dedicated solely to marine propulsion issues, featuring a propulsion round-up from Graeme MacLennan and articles on everything from waterjets and pro- pellers to gears and gas turbines. MARITIME REPORTER AND ENGINEERING NEWS ISSN-0025-3448 No. 9 Volume 57 118 East 25th Street New York, NY 10010 (212) 477-6700 All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or oth- erwise without the prior written permission of the publishers. Founder: John J. O'Malley 1905-1980 Maritime Reporter/Engineering News is published monthly by Mari- time Activity Reports, Inc. Mailed at Second Class Postage Rates at Waterbury, CT 06701 and additional mailing 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 editorial material. © 1995 Maritime Activity Reports, Inc. Member INTERNATIONAL Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News