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MARITIME REPORTER AND ENGINEERING NEWS For more information, call for a free copy of our catalog, CD-Rom or video! BOLTING PROBLEMS? Superbolt® Tensioners are the solution! ** SUPERBOLT PO Box 683 • Carnegie, PA 15106 • 1-800-345-BOLT 412-279-1149 (outside US) • FAX 412-279-1185 • www.superbolt.com NEW YORK H8E. 25th St., New York, NYIOOIO Tel: (212) 477-6700; Fax: (212) 254-6271 e-mail: mren@marinelink.com • Web: Internet: www.marinelink.com FLORIDA • 215 NW 3rd St., Boynton Beach, FL 33435 Tel: (561) 732-1659 Fax:(561) 732-6984 Associate Publisher Gregory R. Trauthwein • lrauthwein@marinelink.com EDITORIAL Associate Editor • Jennifer Rabulan • rabulan@marinelink.com Technical Editor • David Tinsley Contributing Editor • Dennis L. Bryant Senior Maritime Counsel, Holland & Knight Editorial Consultant • James R. McCaul, president, International Maritime Associates PRODUCTION Production Manager Michael Lowe • lowe@marinelink.com Asst. Production Manager Irina Tabakina • tabakina@marinelink.com CIRCULATION Circulation Manager Dale L. Barnett • barnett@marinelink.com ADVERTISING SALES Vice President of Sales Lucia M. Annunziata • annunziata@marinelink.com National Sales Manager Rob Howard • howard@marinelink.com Tel: (561) 732-4368; Fax: (561) 732-6984 North American Sales Manager Brett W. Keil • bkeil@marinelink.com Tel: (561) 732-1185; Fax: (561) 732-8414 Marketing Manager Richard Grable • grable@marinelink.com Tel: (561) 732-1659; Fax: (561) 732-6984 Manager, Information Services Tina Veselov • veselov@marinelink.com Manager, Accounting Services Esther Rothenberger • rothenberger@marinelink.com Manager, Public Relations Mark O'Malley • momalley@marinelink.com Manager, Advertising Services Kristen O'Malley • omalley@marinelink.com Sales Assistant Elizabeth Singh • singh@marinelink.com Classified Sales • Tel: (212) 477-6700 Manager, Information Technology Services Vladimir Bibik • bibik@marinelink.com PUBLISHERS John E. O'Malley John C. O'Malley • jomalley@marinelink.com International Sales Operations Managing Director International Sales TONY STEIN 12, Braehead, Bo'ness, West Lothian EH51 OBZ, Scotland, U.K. Tel: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085 Germany/Switzerland TONY STEIN • stein@marinelink.com Tel: +44 (0) 1506 822240; Fax: +44 (0) 1506 828085 Japan KATSUHIRO ISHII Ace Media Service Inc., 12-6, 4-chome, Nishiike, Adachi-ku, Tokyo 121, Japan, Tel: +81 3 5691 3335; Fax: + 81 3 5691 3336 Korea JO, YOUNG SANG • biscom@unitel.co.kr Business Communications, Inc., Kwangwhamun P.O. Box 1916, Seoul, Korea Tel: +82 2 739 7840; Fax: +82 2 732 3662 Scandinavia STEPHAN R.G. 0RN/LE0N SCHULZ • leon@stephan-orn.se AB Stephen R.G. Orn, Box 184, S-271 24 Ystad, Sweden Tel: +46 411-184 00; Fax: +46 411 105 31 Spain JOSE LUIS SEVA • jlseva@viaexclusivas.com Via Exdusiuas S.L., C/Viriato, 69 SC, 28010, Madrid, Spain Tel: +34 91 448 9136; Fax: +34 91 446 0214 CHARLES E. KEIL, Vice President, International Operations 215 NW Third Street, Boynton Beach, FL 33435 Tel: +561-732-0312; Fax: +561-732-8063 24-hr Tel/Fax: +561-998-0313; Mobile Tel: +561-716-0338 e-mail: ckeil@marinelink.com Superbolt Tensioners eliminate common bolting problems and provide fast, dependable bolting. Contents The Shipbuilding Report 16 China Preps to Take World Lead Chinese shipyards are quickly gearing up to take market share from Japan and Korea; PLUS: Secondhand Tanker Prices up 35% Government Update 18 Continuous Synopsis Record A new SOLAS requirement for shipowners is not proceeding all that smoothly. — By Dennis L. Bryant, Holland & Knight Technology Update 20 A New Dimension Intergraph launched myShipVI. a web-based 3-D interactive virtual interface for ship data. Tanker Technology 22 Doubling Up Maritrans has teamed with LR to devise an innovative method to double-hull existing single hull tankers, delivering a DH solution at a fraction of the newbuild price. Investment in Design 32 Innovative Coastal Trader David Tinsley reports on efforts to build and deliver an inno- vative 4,200 dwt tanker based on twin azimuth thrusters incor- porating "pulling" propellers. Ship Repair & Conversion 38 ISPS: Cost of Compliance is High ... ... but the cost of non-compliance is even higher. Marine Materials 44 Aluminum Boats Prove Their Mettle 46 Marine Materials Directory Circle 256 on Reader Service Card Ship Rudder Many other applications! BENEFITS: •Only hand tools required •Replaces existing nuts •More clamping force •Greater preload accuracy •No thread galling •Safe to use •Faster than other methods