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BULK CARRIER MARKET Bulk Carrier Construction Trends positive for Handy size ships by James R. McCaul, president, IMA Associates, Inc. The world inventory of dry bulk carriers consists of 4,300 ships which are more than 20,000 dwt. Handysize bulk carriers between 20,000 and 37,000 dwt account for 44 percent of the inventory. Handymax bulk car- riers between 37,000 and 55,000 dwt account for another 24 percent of the total. The balance is comprised of Panamax bulk carriers between 55,000 and 80,000 dwt, Capesize ships over 80,000 dwt and combination carriers that move between the liquid and bulk trades. About 365 bulk carriers are now on order worldwide. The cumulative value of the construction contracts totals $10.8 billion, with more than 50 percent of this total represented by Panamax and larger ships. Here's how the current backlog breaks down. THE BULK CARRIER INVENTORY 1027 744 1 407 238 1 1 | | Handysize 20-37K DWT Handymax Panamax 37-55K DWT 20-37K DWT Capesize 80K+ DWT OBO Source: IMA Associates, Shipbuilding Industry Outlook Market Segment Handysize Handymax Panamax Capesize Total # of Ships on Order 87 116 84 79 366 Value $1.8 $2.9 $2.5 $2.6 $10.8 Major Players Asian shipyards are clearly the dominant players in dry bulk carrier construction. Japanese shipyards are the major builders of bulk carri- ers to Panamax size, accounting for 38 percent of bulk carriers between (continued on page 11) FAST SYSTEMS, INC. 324D North Broadway St. Louis, MO B3147 Telephone: C31 43 621 -253B FAX: C31 43 621 -1 352 Telex: 44-7224 Alan Fleischer, President Al Spaete, Mgr., Sales Si Service SEWAGE TREATMENT With Karrykrimp 2, it's easy to make SAE 100R12 hose assemblies through 1-1/4". Using Parker No-Skive hose and Karrykrimp 2, you can crimp steel and stainless steel fittings fast! Because there's no need to remove the hose cover, no gauges to set, no special training necessary. Just quick and easy operation. Our Parkalign" feature helps precisely position the hose and fitting in the die. And teeth in the fitting penetrate the hose cover to grip the wire reinforcement for a leak-proof, trouble-free assembly. Call Parker, and get big crimper performance at a small crimper price with Karrykrimp 2. Parker Hannifin Corporation, Hose Products Division. 30240 Lakeland Blvd., Wickliffe, OH 44092. Call 1-800-C PARKER for more information The World Standard Fluid Connectors Circle 225 on Reader Service Card FAST (Fixed Activated Sludge Treatment) remains the standard for marine sewage treatment. The system meets and exceeds the most stringent requirements worldwide. It is certified by the U.S. Coast Guard, Environ- ment Canada and the British Department of Trade. OIL/WATER SEPARATION In the same tradition, FAST's Oil/Water Separator sets a new standard for disposal of oily wastewater. It is the only certified separator which will break chemical emulsions. The Separator converts gray emulsions into clear water and black oil. The water will meet the most stringent requirements established by any known marine or land authority worldwide. With this unit aboard, machinery, decks and bilges can be cleaned with detergents with no danger of violating regulations. SALES AND SERVICE We also offer you a comprehensive inventory of spare parts for quick delivery worldwide, plus expert field service personnel on constant call for on-the-spot assistance anywhere. Circle 308 on Reader Service Card Karrykrimp 2 Big crimper performance at a small crimper price. 66 Maritime Reporter/Engineering News
