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38 Maritime Reporter & Engineering News Saab TankRadar ® STaR — safety, trust and reliability. Take a closer look inside Saab TankRadar STaR, our new tank gauging system. This is the first time Level Gauging, High Level and Overfill Alarm systems are integrated in one single unit— designed as independent, intrinsically safe measur- ing channels. All functions are radar-based, taking full advantage of the benefits of radar technology— increasing safety and reliability. There is no longer a need for an overfill alarm fit- ted separately from the gauging unit, which means easier installation, simplified cabling and reduced maintenance requirements. Saab TankRadar STaR is the latest proof of our technology leadership. This innovative 3-in-1 system brings intelligence and integration to all types of cargo and tanker applications. For product information: www.saabrosemount.com Phone: +46 31 3370 000 E-mail: sales.srm@emersonprocess.com Shaping the future in tank gauging Circle 291 on Reader Service Card World Fleet Development - By Ship Type 1995-2005 0 100 200 300 400 Year Tons Tankers Bulk Carriers Comb. Carriers Others World Fleet Development - 1995-2005 500 600 700 800 900 New Orders - 1995 to 2004 67.9 34.2 35.3 52 34.5 43.1 46.1 49.6 104.7 93.1 0 20 40 60 80 100 120 Year M ill. D W T Tankers Bulk Carriers Total Tonnage Sold For Scrapping, Lost & Other Removals 15 . 7 17 . 9 16 . 4 23.1 30.3 22.1 31.7 30.4 25.9 12 . 6 0 10 20 30 40 Year M ill. D W T Tankers Bulk Carriers Total Second Hand Prices of 5 Year Old Tankers 21 39 30 56 33 71.5 53 10 6 10 30 50 70 90 110 Year Pr ic e ( M ill. $ ) MR Product Aframax Suezmax VLCC Second Hand Prices of 5 Year Old Bulk Carriers 31 20 20.8 38 32 64 0 20 40 60 80 Year Pr ic e ( M ill. $ ) Handymax Panamax Capesize Source: The Platou Report 2005 (www.platou.com) Source: The Platou Report 2005 (www.platou.com) Source: The Platou Report 2005 (www.platou.com) Source: The Platou Report 2005 (www.platou.com)Source: The Platou Report 2005 (www.platou.com)Source: The Platou Report 2005 (www.platou.com) World Fleet Development - by Type 1995-2005 World Fleet Development 1995-2005 New Orders - 1995-2004 Tonnage Sold for Scrap, Lost, Other Removals 1995-2005 Second Hand Prices - 5-Year-Old Tankes Second Hand Prices - 5-Year-Old Bulk Carriers MR JUNE 2005 #5 (33-40).qxd 6/3/2005 11:53 AM Page 38