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a ULSTEIN BY THE MARKET Ulstein controllable pitch Compass thrusters and fixed pitch Z-drive thruster systems have proved their unique flexibility since being introduced more than 30 years ago. Today our thrusters are in operation throughout the world in a wide range of applications. The thruster units are suitable for all types of applications, such as tugs, offshore vessels, diving support vessels, fishing vessels and ferries. For these vessels a manoeuvring precision and speed of response are of utmost importance, which are easily achievable with fully azimuthing thrusters. Power ranges from 100 - 7000 kW. ULSTEIN PROPELLER AS N-6065 Ulsteinvik, Norway Tel.: +47-70 01 40 00 Telefax: +47-70 01 40 17 ULSTEIN MARITIME LTD. 96 North Bend Street Coquitlam, B.C. V3K 6H1, Canada Tel.: • Fax: 1-604-942 1100 1-604-942 1125 ULSTEIN USA INC. 2701 Delaware Ave. Kenner, LA 70062, USA Tel.: +1-504-46 44 561 Fax: +1-504-46 44 565 Circle 377 on Reader Service Card Pictured on the cover is an innovative open-top containership built by Germany's HDW. Like that of many nations, Germany's maritime industry is in the midst of significant change. In conjunction with the upcom- ing SMM '96 exhibition, International Editor Alan Thorpe looks at the recent progress and near term prospects for the German industry, starting on page 44. 38 EUROPEAN UPDATE Atlantic Challenge represents a significant benchmark in development of the supertrawler. — by Carol Fulford & Andy Smith 52 94 Dominated by the financial complications confronting the Bremer Vulkan Group, the German maritime industry faces reorganization. — by Alan Thorpe FINNISH MARITIME REVIEW Finland's maritime innovation spans well past its expertise in the cruise vessel segment. NORWEGIAN MARITIME REVIEW Norwegian vessel and equipment suppliers continue to extend their influence around the globe. 124 MARINE PROPULSION TECHNOLOGY International Editor Graeme MacLennan looks at developments in high speed and gas turbine engines in part one of MR/EN's Propulsion Technology focus. (Part two of the Propulsion Technology focus starts on page 12 of the Marine Technology International supplement included with this edition.) ALSO 6 MARKET REPORT: Suezmax tanker market going through change. 9 MARKET REPORT: Bulk carrier market weakening. 12 Contracts 67 Company & Pooplo Nows 130 FERllSHIP's Now Contracts Rocoivod 134 SNAME '96 Preview & International Maritimo Exposition Exhibitor List 150 Calendar of Events ALSO MMMmMllMllm UUUJ.ll 'MMUhuiLmLill^L The third edition of MTI complements MR/EN's Marine Propulsion Technology focus. 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. 118 East 25th Street New York, NY 10010 (212) 477-6700 AND ENGINEERING NEWS ISSN-0025-3448 USPS-016-750 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. 9 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. Canada Post International Publications Mail Product (Canadian Distribution) Sales Agreement No. 0970700. Printed in U.S.A. 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. AZIMUTH THRUSTER ^SYSTEMS TRIED AND TRUSTED 4 Maritime Reporter/Engineering News
