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AND ENGINEERING NEWS lacuderi J -m.n.. Subscriptions: One full year (12 issues) SI 8.00 in U.S.; outside of U.S. S96.00 including postage and handling. For subscription information, contact: Dale Barnett, fax: (212) 254-6271. AND ENGINEERING NEWS ISSN-0025-3448 USPS-016-750 No. 11 Vol. 59 118 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 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 INTERNATIONAL® Business Publications Audit of Circulation, Inc. EXCLUSIVE AGENT MARITIME REPORTER MARITIME I•futzfl'ura j jer-ji Otweg 18 NL - 2771 VX Boskoop Netherlands Telephone: +31 (0) 172 230707 Fax: +31 (0) 172 230708 e-mail: maritime@tqdesign.nl http://www.wirehub.nl/~tqdesign/maritime.htm 4 Maritime Reporter/Engineering News 40 BENELUX: Carving its niche In a special report in conjunction with the Europort exhibition, International Editor Alan Thorpe analyzes market trends in this European region. 8 Marin* Finance 44 Ship Repair & Conversion Offshore continues to drive repair business. 56 Now & Notable Round-up of vessels delivered last month from around the world 59 Marino Environmental 67 People & Company News 76 Products Showcase 78 Forliship's Now Contracts 79 Bunher Fuel Monitor 79 Recent Ship Sales 86 Buyer's Guide 90 Classified Advertising Pictured on the (over: Rapidly advancing technology is helping to vastly change the way ships at sea navigate and communicate. Read up on the latest in marine navigation and commu- nications technology, starting on page 26. Inset: The Sealand Expedition recently visited NORSHIPCO's Titan drydock for a 25-day repair. This month's Ship Repair & Conversion column starts on page 44. 8 24 26 U.S. Coastal Tanker Construction Outlook International Maritime Associates President Jim McCaul analyzes the market for build- ing tankers for the domestic trade. High-lech Offshore The booming offshore market is being fueled by the ability to find and recover resources in deeper waters. NAV/COM UPDATE Decision Time For Inmarsat: The quickly evolv- ing sat/com market has Inmarsat debating pri- vate v. commercial operation. Charting A Better Course: The raster v. vector chart battle continues.
