World Bulk Fleet Expected
To Increase Moderately
For Next Few Years
For the next few years, the world
bulk fleet is expected to increase
moderately at an annual rate of
about 1.8 percent, according to the
research department of the Oslo-
based shipbroker and consultant
Fearnleys in its review, World Bulk
Fleet January 1991.
Fearnleys expects, based on gen-
eral market expectations and esti-
mates of shipyard capacity, it will
rise to around 516.5 million tons by
January 1994, from a figure of 489
million dwt last month.
The tanker feet may increase
from 246.4 million tons to 271.3
tons, and the dry bulk carrier fleet
from 211.1 million tons to 214.4 mil-
lion tons. The combination carrier
total could decrease slightly from
31.5 million tons to 30.9 million
tons.
The predictions assume modest
levels of ship demolition, which may
be significantly higher than in 1989
and 1990, because of the poor tech-
nical condition of several of the old-
er and larger units.
The fleet was augmented by 7
million tons in the second half of
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Quality Workmanship
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Pre-production
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1990 and 7.5 million tons in the first
half of 1990. Peak year for the fleet
was 1982, when it totaled 520.1 mil-
lion tons.
The world orderbook for such
tonnage decreased by 2.3 million
tons during the second half of 1990
to 49.7 tons.
Japan and Korea together ac-
counted for 68 percent of the world
orderbook. Japan's increased from
19.6 million to 20.2 million tons,
whereas South Korea's decreased
from 15.4 million to 13.3 million
tons.
During the second half of 1990,
worldwide contracting decreased
sharply to 6.7 million tons, of which
the majority was tankers, at 5.9 mil-
lion tons, following the first-half to-
tal of 20.2 tons (tankers 15.3 million
tons, combination carriers 2.1 mil-
lion tons, and bulk carriers 2.8 mil-
lions tons).
$3.5 Million MarAd
Contract Awarded
Advanced Technology
The Maritime Administration
(MarAd) has awarded a $3,500,000
reimbursable contract to Advanced
Technology, Inc., 12005 Sunrise
Valley Drive, Reston, Va., to pro-
vide coordinated and cooperative
research, development testing, and
evaluation of new logistics systems
and technologies between U.S.-flag
carriers in the Cargo Handling Co-
operative Program (CHCP) and De-
partment of Defense agencies.
MarAd's Cargo Handling Pro-
gram addresses advanced materials
handling, automation, data pro-
cessing, and communications tech-
nologies to reduce the cargo-han-
dling and documentation costs of
intermodal shipments between
water and rail or motor carrier
transportation modes.
Lexair Introduces New
Three-Way Poppet Type
Control Valve
Lexair, Inc. of Lexington, Ky., has
introduced a new remote direct pi-
lot-operated three-way poppet
valve, with an operating ratio of 5:1
(internal line pressure versus mini-
mum pilot pressure) for unequaled
performance of industrial and pro-
cess control of liquids and gases.
This poppet-type valve provides
high flow, positive shutoff opera-
tion. Bubble-tight shutoff is accom-
plished by exclusive poppet seat de-
sign that has long lasting, extrusion
resistant, soft seal. Ease of mainte-
nance is another important feature,
with quick access to valve internal
parts without the need for removing
from in-line piping.
Valve construction is a bronze
body, with brass and stainless steel
internal parts. Port sizes are 3/4-
inch and 1-inch NPT with optional
adapters for female unions and flat
face flanges. Working pressures to
500 psi.
For more information and free lit-
erature on the new three-way pop-
pet valve from Lexair,
Circle 68 on Reader Service Card
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16 Maritime Reporter/Engineering News
Digital Wave Publishing