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[all Mobil today. Let's BCUSS how Mobilgard 30 hd 40 Series oils' technical jscle will help you combat [jdge and piston deposits. least 300-MIAMI-79 [tension 1789 sat Lakes 300-MIAMI-79 [tension 1837 tern Gulf -MIAMI-79 tension 1936 sm Gulf DO-MIAMI-79 tension 1926 300-MIAMI-79 tension 1947 Coast -MIAMI-79 1826 I800-MIAMI-79 3ion 1828 ' - |jj s 262 on Reader Service Card i . -\ • ' 11 EDITOR'S NOTE riven by rapidly evolving technology, the construc- tion and conversion market for Floating Production Systems is estimated to be between $10 and $16 billion, according to data contained in a recent IMA Associates report (see page 36 for full details). While this is just one facet o/MR/EN's coverage of Tanker Technology in this edition, it is indicative of the greater trend in the maritime industry: advancing technologies — aimed at creating a safer and more efficient world fleet — driving the newbuilding and conversion markets. Next-generation technology today is also a central theme in our coverage of the Fast Ferry industry, which starts on page 44. Featured in this section are the latest vessels, designs and equipment that will propel this growing niche for years to come. Finally, post-show coverage of two significant U.S.- based events — CMA and AISE — is delivered by Bridget Murphy, starting on page 69. The AISE '96 exhibition drew fewer attendees than projected and has drawn the ire of some exhibitors. But this should not be taken as an indictment of the U.S. commercial ship- building industry. Construction has begun or is set to begin on the high-profile orders placed at Newport News and Alabama Shipyard, respectively, and the interest in "buying American" remains strong. Gregory R. Trauthwein, editor e-mail: SHIPEDIT@ix.netcom.com; fax (212) 254-6271 In its recent study, IMA Associates found that about (asofmjd-MaKh/96) tion systems are operating world- wide, and an addi- tional 27 are cur- rently on order, with contract values totaling approxi- mately $7.2 billion. For more on IMA Associate's new report, turn to page 36, the beginning of the Tanker Technology section. •TIP (12) •Prod. Semi (£) •FPS0(15) •ProcLBarged) •IPG Star. (1) •FSQFSU CI) •Prod Spar (1) MARITIME REPORTER & ENGINEERING NEWS Editorial & Executive Offices H8E. 25th St., NY, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 ; e-mail: shipedit@ix.netcom.com PUBLISHERS Charles P. 0'Malley John E. 0'Malley John C. 0'Malley EDITORIAL Editorial Director: Editor: Senior Editor: Associate Editor: Assistant Editor: Editorial Consultant: International Editors: Contributing Editors: Charles P. 0'Malley Gregory R. Trauthwein Dan Maniotis Bridget A. Murphy Nina D. Miller James R. McCaul Graeme MacLennan Alan Thorpe Carol Fulford Andy Smith PRODUCTION Production Manager: Patricia Kennedy Asst. Production Manager: Jean Wanamaker Circulation Manager: Dale L. Barnett SALES Regional Sales Manager: Lucia Annunziata Regional Sales Manager: Christopher Goldsholl Regional Sales Coordinator: Jean M. Vertucci INTERNATIONAL SALES OFFICE Charles E. Keil, Vice President, International Operations 980 N. Federal Highway, Ste. 206-19, Boca Raton, FL 33432 Tel: +407-368-1021; Fax: +407-368-1161 Representatives Gulf Coast MR. JAMES N.McCLlNTOCK Simpson Corporate Park Indigo House, Suite A 206 South Tyler Street Covington, La. 70433 Telephone: (504) 893-5099 Telefax: (504) 893-5024 Scandinavia MR. STEPHAN R. G. 0RN 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, Hoyward's Heath West Sussex RH16 1YF, England Telephone: +441 444 417360 Telefax: +441 444 417360 Italy/ Ediconsult Internazionale Switzerland Piazza Fontane Morose, 3-16123 Genova, Italy Telephone: (010) 583684 Telefax: (010) 566578 France MR. DANIEL S0LNICA Ediconsult Internazionale, 25 rue Saulnier 75009 PARIS Telephone: (33) 1 4246 9571 Telefax: (33) 1 4246 8508 Subscriptions: One full year (12 issues) S18.00 in U.S.; outside of U.S. S96.00 including postage and handling. For subscription infor- mation, contact: Dale Barnett, fax: (212) 254-6271.