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GUNK IT! It's sealed. It's inexpensive. It's Sure-Sear Sure-Seal® is a unique line of inexpensive sealed connectors with a proven track record as a reliable solution in harsh environments. The connector has sealing elements molded into the rubberized body providing a low cost submersible seal resistant W to water, fuels and chemicals. Sure-Seal /T offers a wide range of circuit configura- I \ tions and accessories to meet most of your sealed connector needs. J Millions in stock - Call today! C. Ihc qJa I 888-308-7873 East OURbdtAL 877-372-1031 West Ask for our FREE guide 2180 Hornig Rd„ Phila., PA 19116 • 215-673-6100 « Fax 215-552-8022 CO»CCnON5 •inMnrfhth**) www.suresealconnections.com Circle 341 on Reader Service Card Global Versatility 40K Vulcan Stripper™ Rotary Gun Everything for professional UHP surface preparation: eleptafc and diesel high pressure pumps, surface prep control guns, fittings, hoses and nozzles. Plunger Pumps and Water Jetting Units with pressures ranging from 5-40Kpsi, 60-2,000 hp, rates to 700 gpm. 1-800-231-3628 281-448-5800 FAX: 281-448-7500 www.waterjetting.com E-mail: mktg.wjs@gardnerdenver.com 12300 North Houston-Rosslyn Road Houston, Texas 77086 Circle 221 on Reader Service Card On the Cover: Hydrex has almost 30 years of experience in underwater ship repair and maintenance. With headquarters in Europe, branch offices and equipment support bases around the globe, the company provides an expe- dient alternative to dry dock without compromising the quality of repairs. Hydrex carries out all repairs (to class-approved specifications) within a tight time-frame so that ships stay as close to schedule as possible. DCAdo X Pto Real V AM CMMflrfA 8 The Italian Renaissance The Trieste plant of Wartsila Italia alone has reported letters of intent for 25 Sulzer low-speed engines. — by David Tinsley 16 E-Commerce: B2B Sites Still on Course Despite a dot com crash, the prospects of business saving money and increasing efficiencies on the Web is bright.— by George F. Chandler III, Hill Rivkins & Hayden 20 New Company, Old Friend The combined resources of the former Astilleros Espanoles and Bazan is IZAR, the world's ninth largest shipbuilder, which is intent on recapturing lost market share. — by Greg Trauthwein Ship Repair & Conversion 26 The Saga Continues: The nearly 40-day Castor saga has sent a wake-up call to the world regarding ships in distress and ports of safe haven. 28 Craft Bearing on Solid Ground: Craft Bearing used its Split Roller Bearing to turn an ordinary pipe into a precision drive shaft. 29 UMC Goes Underwater: Specializing in under- water maintenance, UMC International has estab- lished a new ship repair facility in Portland, U.K. 43 Double Trouble? Double-hull carriers, regarded for their positive impact on the safe carriage of petroleum products, are having unique internal corrosion problems. 11 Legal Beat: Maritime Transportation is on Senate Submommittee Agenda 18 News: Jumbo Orders Super Heavylift Ships...McAllister To Get New Tug Pair...Seven Seas Will Boast Dolphin Podded Propellers. 55 Ship's Store: Coatings & Corrosion Control Products 58 Great Ships: Samsung Delivers Excellence in 2001 62 Buyer's Directory 64 Advertising Index 65 Classifieds Subscriptions: One full year (12 issues) $18.00 in U.S.; outside of U.S. $96.00 including postage and handling. For subscription information, contort: Dale Barnett, fax: (212) 254-6271; e-mail: barnett@marinelink.com ¥ % 26 i • 4 r, 2 MARITIME REPORTER 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. 3 Vol. 63 Founder: John J. O'Malley 1905 - 1980 Charles P. O'Malley 1928 - 2000 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. © 2001 Maritime Activity Reports, Inc. Member WBPA • INTERNATIONAL