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ULSJEIN WELL KNOWN ENGINES On The Cover FOR WELL KNOWN SHIPOWNERS "Polarlys" / 2xKRG-M-9 and 2xBRG-M-9 / Yard: Ulstein VerfiAS/ B. No. 223 / Coastal Express. The K- and B-type medium speed diesel engines from Ulstein Bergen AS enjoy a worldwide reputation for high operational reliability and low overall running costs. These engines are therefore often chosen for main or auxiliary engines when rigorous demands are placed on reliability and profitability. The K-type is available in the power range 460 - 4010 kW and the B-type power range is 2100 - 3970 kW. With these engines you have the additional security of the Ulstein Group worldwide decentralized service organization. Why not ask for our reference lists? — dbi fl Y MB ; uaanim I ULSTEIN BERGEN AS has been found to conform to Quality System standard: BS5750: PART 1, ISO 9001, EN29001: 1987. ULSTEIN BERGEN AS P.O. Box 924, N-5002 Bergen, Norway. Tel.: +47-55 19 90 00. Telefax: +47-55 19 04 05. Ulstein USA Inc., New Orleans 2701 Delaware Avenue, Kenner, LA 70062 Tel: 1-504-464-4561 • Fax: 1-504-464-4565 Circle 288 on Reader Service Card This month's cover depicts the perspective of a Fincantieri crane operator viewing the stern of 100,000-ton superliner Carnival Destiny, under final outfitting at the Monfalcone yard. The Cruise Industry Annual begins on page 40. 20 The China Connection European finance has secured a major interest in a series of new, stan- dard-design cargo vessels being built in China. — by Carol Fulford & Andy Smith 30 CAD/CAM • Picking up speed As owners demand higher speeds from conventional-type ships, CAD/CAM solutions are being used to ensure vessel stability, safety and and cost-effectiveness. 30 (3CKDQ8Q Jj\I_l> DOSJlS Y The emergence of new tonnage has forced cruise lines to aggressively pursue higher capacity rates. Associate Editor Bridget Murphy spoke to top industry executives to get an insider's analysis of the market. ALSO IN THIS EDITION 1 O Washington State Ferries has selected Siemens to refit the propulsion systems on three vessels. — by Kathleen Gleaves 1 1 Exxon finalizes agreement on $ 15 billion project. 14 New ferry design to feature state-of-the-art propulsors. 1 8 ABS extends SafeHull to containerships. 26 Oceaneering completes FPSO conversion. 34 New Tribon addition helps yards cut worker hours and welding waste. 50 DIESEL ENGINE GUIDE 55 Wartsila designs largest medium-speed engine. 64 $27-million, 15-month ferry refurbishment completed. 71 SATELLITE COMMUNICATIONS REVIEW 79 FERLISHIP's New Contracts Received COMING IN AUGUST... LPD-1 7s A contract award on the last, new U.S. Navy project until the end of the century is expected in early autumn. MR/EN will review the bidding teams and provide an updated analysis of this high-profile project. Gulf Coast Review: Business is booming in the Gulf. MR/EN will analyze the recent trend, and help forecast the near and long-term prospects. Subscriptions: One full year (12 issues) $18.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscrip- tion information, contact: Dale Barnett, fax: (212) 254-6271. AND ENGINEERING NEWS ISSN-0025-3448 USPS-016-750 118 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. No. 7 Vol. 58 Founder: John J. O'Malley 1905 - 1980 Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at Periodicals 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. © 1996 Maritime Activity Reports, Inc. Member WBPA • INTERNATIONAL Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News »