EDITOR'S NOTE
control system is now available
as an optional feature for all
CGCo applications
The CIN-TEC™ monitoring/
W ike most everyone involved in business,
M I research and read data and statistics
m with great interest. But numbers per
^tLmma^m se tell only a portion of any story.
For instance, newbuilding statistics indicate that
in 1995, Japan was the top shipbuilding country
in the world. While number of ships, gross ton-
nage and hard currency are indeed excellent indicators of maritime busi-
ness, numbers alone do not touch upon the many challenges that this great
shipbuilding nation — and for that fact, all great shipbuilding nations —
will face in the coming years.
Many factors —far too many to mention in this short column — play
large roles in determining the eventual course of the maritime industry.
But the bottom line, in any and all scenarios, is money. The ultimate sur-
vivors in this reportedly razor-thin profit margin business will be the com-
panies which design, build, equip and operate vessels in the most efficient,
cost-effective manner.
The Japanese maritime industry is profiled in MR/EN's Maritime Asia
section, which starts on page 43. The section, prepared to coincide with the
second Sea Japan exhibition in Yokohama next month, focuses mainly on
the Japanese shipbuilding and equipment supply industry (with plenty of
statistics and data on page 117). As the article explains, Japanese builders
and suppliers, already renowned for their technologically-efficient ways, are
striving to become even more efficient. The section also includes the Far
East Column, the first of a bi-monthly series from International Editor
Alan Thorpe, as well as a look inside the marine markets of Korea and
Singapore.
The cruise ship market provides another interesting study of statistics.
While recent passenger capacity data indicate a market lull, Assistant
Editor Bridget Murphy found that owners are generally bullish on the
market in the long term. Her report starts on page 82, and is accompanied
by MR/EN's annual honoring of Outstanding Cruise Ships (page 76).
Finally, coatings and corrosion control is the product feature of the
month, and an ABS-authored article (page 56) presents a strong case for
owners to select and properly maintain ballast tank coatings.
Gregory R. Trauthwein, editor
e-mail: SHIPEDIT@ix.netcom.com; fax (212) 254-6271
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