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Contents Big surface prep jobs are easy with NLB's HydroPrep" system. It outperforms grit blasting and other UHP water jet equipment, minimizing hazards and giving you: • unsurpassed reliability; • lower operating costs; • greater maneuverability; and • simpler operation and maintenance. The HydroPrep" system includes an SRT-10 Crawler, UHP pump, vacuum recovery, console, and rigging. Call today for a free demo... in North America, call toll-free: 1-877-NLB-7990. NLB Corp. NLB North America 29830 Beck Road Wixom, Ml 48393, USA Phone: 01-248-624-5555 Fax: 01-248-624-0908 NLB Europe Gentianenlaan 17 3233 VC Oostvoorne, Netherlands Phone: 31-(0) 181-482811 Fax: 31-(0) 181-485238 e-mail: nlbmktg@nlbusa.com e-mail: watercle@publishnet.nl www.nlbcorp.com Circle 264 on Reader Service Card or visit www.maritimereporterinfo.com 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; e-mail: bornett@marinelink.com MARITIME REPORTER AND ENGINEERING NEWS ISSN-0025-3448 USPS-016-750 No. 3 Vol. 64 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 Founder: John J. O'Mai ley 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. Ail rights reserved. No part of this publication may be repro- duced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers Member WBPA • INTERNATIONAL ® Business Publications Audit of Circulation, Inc. On the Cover K A firsthand account: MR/EN was invited to attend the launching of Inigo Tapias, a new 138,000 cu. m LNG carrier that was chris- tened on January 29, 2002 at IZAR's Sestao Shipyard in Bilbao, Spain. The 933-ft. vessel, which exemplifies the technologi- cal and financial know-how of the Spanish Maritime market, is the first of a series of five LNG's that will be built at IZAR's Sestao and Puerto Real yards. (Photo Credit: Greg Trauthwein). News 4 Smit Salvages Kursk Smit Salvage has developed a new, innovative wreck cutting system that was used to raise the doomed Russian sub Kursk. 12 IFS and DNV Go IT IFS Norway and DNV have melded technolo- gies to form an innovative IT solution. 23 Formation of a Trio Lauritzen Cool, Eastwind Transport and Armada Shipping have joined to form a new marketing company — ReeferShip Ltd. 41 Derecktor Lands Deal Derecktor Shipyards clinched a deal to con- struct a pair of high speed ferries for the Alaska Marine Highway System. 48 Ship's Store 54 Buyer's Directory 56 Advertisers Index 57 Classified Ads 4 Maritime Reporter & Engineering News Features 17 Going Under Miami Diver's unique, universal underwater bonding method could be dubbed the next generation of underwater ship repair. 24 The Electronic Era Has Arrived First it was diesels, then the age of the gas turbine, now the electronic engine has grabbed a foothold as the newest innovation in marine propulsion technology. — by David Tinsley, technical editor 46 Fleet F77 Is on Inmarsat's Horizon Known as the original mobile satellite communications provider for the maritime industry, Inmarsat reports that its systems are at all-time high — perfectly coinciding with the release of the company's new Fleet F77 Mobile ISDN and Mobile Packet Data services. — by Ruth Ling 27 From Steam To Gas From quadruple expansion engines, to Wartsila's EnviroEngines and GE's gas turbines, technology in the engine room has come a long way. — by Jessica DuLong, contributing writer 28 IZAR Stamps its LNG Mark MR/EN had the opportunity to witness the launching of Inigo Tapias, a new 138,000 cu. m LNG carrier that was christened at IZAR's Sestao shipyard in Bilbao this past January. Measuring 933 ft., the vessel is a symbol of Spain's testament that the LNG market is in full force — by Greg Trauthwein