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800-321-6070 Visit us at the SM.AME. Show Booth M411 For approved UVtKMLL PROTECTION drop a few GEMS into your tanks! FAX: 203-747-4244 T020 Self-Checking Level Switches meet or exceed Coast Guard and Federal Regulations. ABS Approved. Backed by the strongest warranty in the industry. Tank contents (including vapors) completely sealed from atmosphere. Nationwide service to the marine industry for more than 35 years! Built to last! Imo Industries Inc. Gems Sensors Division One Cowles Road Plainville, CT 06062 203-747-3000 "Overfill Alarm" or "High Level with Overfill x Alarm" -I models. ' Ask about GEMS custom Alarm Monitoring Panels. more information Call Toil-Free for Circle 345 on Reader Service Card ON THE COVER A tribute to the SNAME Centennial, this month's cover is a painting of the U.S.S. Alabama, a Spanish American War- period U.S. Navy ship which was built around 1890. Joe Wilhelm, who is represented by Mystic Maritime Gallery, Mystic Seaport, Mystic, Conn., painted the vessel, and graciously allowed MR/EN to reproduce his work. INSIDE: Defense Conversion: 2,800 Companies Request ARPA Funds 23 Preview: NEVA '93 Intl. Shipping Exhibition 35 Tanker Safety: Regulation vs. Practical Solution 39 SNAME CENTENNIAL SPECIAL: 100 Years Of Excellence 61 TREND REPORT: Marine Power Calendar 94 108 Preview: ASNE Fleet Maintenance Symposium 149 SNAME Celebrates 100 The SNAME Centennial Celebra- tion is well-chronicled in the pages of MR/EN this month, starting on page 61. Included in this compre- hensive, 30-plus page coverage is: a review of this year's meeting, complete with conference, exhibition and social schedules; the SNAME "Scrapbook," a photo documentation of the Society and its members; and several additional articles outlining the tremendous contributions SNAME has made to the maritime industry for the past 100 years. MARITIME REPORTER and Engineering News Editorial and Executive Offices 118 East 25th Street, New York, NY 10010 (212) 477-6700 • ITT Telex: 424768 MARINTI Telefax: (212) 254-6271 Publishers: Editorial Director: Managing Editor: Assistant Editor: Assistant Editor: Editorial Consultant: Contributing Editors: Production Manager: Asst. Production Manager: Circulation Manager: Regional Sales Manager: Regional Sales Manager: CHARLES P. O'MALLEY JOHN E. O'MALLEY JOHN C. O'MALLEY CHARLES P. O'MALLEY GREG TRAUTHWEIN ERIN M. O'DRISCOLL DAN MANIOTIS JAMES R. McCAUL MARCUS GIBSON GRAEME MACLENNAN SUSAN EISENSTEIN STACEY DORMAN DALE L. BARNETT DANIEL A. ARNOLD LUCIA ANNUNZIATA Advertising Circulation and Sales Offices 118 East 25th Street, New York, NY 10010 Telephone (212)477-6700 u. s. Gulf States Scandinavia United Kingdom Italy BENELUX Countries Korea REPRESENTATIVES MR. JAMES N. McCLINTOCK Simpson Corporate Park Indigo House, Suite A 206 South Tyler Street Covington, La 70433 Telephone: (504) 893-5099 Telefax: (504) 893-5024 MR. STEPHAN R. G. ORN AB Stephan R.G. Orn Box 184, S-27100 Ystad, Sweden Telephone: 46 411-18400 Telefax: 46 411 10531 MR.MICHAEL J. DAMSELL Euromedia Ltd. P.O. Box 122 Hayward's Heath West Sussex RH16 1YF, ENGLAND Telephone:0444 417360 Telefax:0444 417360 MR. VITTORIO F. NEGRONE Ediconsult Internazionale Piazza Fontane Marose, 3-16123 Genova, Italy Telephone: (010) 583684 Telefax: (010) 566578 Telex: 281197 EDINTI JOHN GALPIN 6 Jack Hatch Way Wivenhoe, Essex, C07 9SH, U.K. Telephone: +44 (0206) 826686 Fax: +44 (0206) 826686 MR.C.H. PARK Far East Marketing Inc. Rm. 508, Chungmu Building 10, 2-ka, Pil-dong, Chung ku. Seoul, Korea Telephone: (02) 265 - 5043 Fax: (02) 277 - 5148 MARITIME REPORTER AND ENGINEERING NEWS 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 ESTABLISHED 1939 No. 9 ISSN-0025-3448 Volume 55 Maritime Reporter/Engineering News is published monthly by Maritime Activity Reports, Inc. Mailed at Second Class Postage Rates at Waterbury, CT 06701 and additional mail- ing offices. Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 118 East 25th Street, New York, NY 10010. Publishers are not responsible for the safekeeping or return of edi- torial material. Member INTERNATIONAL Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News