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EXCLUSIVE AGENT MARITIME REPORTER AND ENGINEERING NEWS H — 1 t' AB STEPHAN R G ORN P.O. Box 184 S-271 24 Ystad Sweden Telephone: +46 411 184 00 Fax: +46 411 105 31 e-mail: marine.marketing@stephan-orn.se ffiiS® Pictured on the (Over* Offshore activity is booming at Pascagoula, Miss.-based Ingalls Shipbuilding. The company has made quick in-roads on the repair and newbuild side, and has recently signed a licensing agreement to market Zentech's state-of-the-art jack-up design. 8 12 16 21 25 28 32 42 67 68 98 100 IHC Digs In Dredge technology specialist IHC continues to provide innovative solutions for the maritime world. — by David Tinsley, technical editor 42 Re 58 80 sillency Offshore development proceeds, despite gyrating international pricings and politics. Finding The Way ECDIS technology is opening a new world of safety and income opportunities. Scandinavian Review Scandinavia's maritime industry contin- ues to be a world leader in innovation. Marin* Finance Gall Coast Report Information Technology New & Notable: McNeece debuts "Cruise Bowl" concept in Miami Far East Update Satcom Report Floating Production Systems Report Ship & Boatbuilding Technology: A virtual ocean is employed in the development of the world's largest floating structure People & Company News Bunker Fool Monitor/Recent Ship Sales Ferliship's Now Contracts JT; •——a—3 Subscriptions: One full year (12 issues) $18.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscription information, contact: Dale Barnett, fax: (212) 254-6271. MARITIME AND ENGINEERING NEWS 118 East 25th Street New York, NY 10010 (212) 477-6700 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. 4 Vol. 60 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. © 1998 Maritime Activity Reports, Inc. Member INTERNATIONAL® Business Publications Audit of Circulation, Inc. 2 Maritime Reporter/Engineering News