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U.S. Okays Lockheed Aegis Combat System Sale to Japan

The Aegis Ballistic Missile Defense (BMD) system is the primary sea-based component of the U.S. missile defense system Photo - Lockheed Martin

  The U.S. State Department has approved the likely sale to Japan of two Lockheed Martin Corp Aegis combat systems valued at $1.5 billion, a deal aimed at boosting Japan's defenses against a ballistic missile attack, the U.S. Defense Department said Friday. The Defense Security Cooperation Agency (DSCA), which oversees foreign arms sales, said the Aegis combat systems and associated equipment would be installed on two new Japanese guided missile destroyers, or DDGs, expanding Japan's ability to carry out joint military missions with the U.S. Navy. "The addition of two new Aegis DDGs to Japan's fleet will afford more flexibility and capability to counter regional threats and continue to enhance stability in the region," DSCA said in a notification to U.S. lawmakers that was dated Aug. 4, and released today. The proposed sale, which is likely to be approved by Congress, will complete Japan's goal of acquiring eight ships capable of ballistic missile defense, DSCA said. The agency said the proposed sale underscored Washington's commitment to help Japan develop and maintain a strong and ready self-defense capability. Lockheed would be the primary contractor for the Aegis weapons system, which integrate radars, computers, software, displays, weapons launchers and weapons to defend against a range of surface, aerial and underwater threats.


Shuster Receives Champion of Maritime Award

Rep. Bill Shuster is presented with the Champion of Maritime Award from the American Maritime Partnership.   L to R: Ben Billings, President, Offshore Marine Service Association; Stephen Martinko, Executive Director at Port of Pittsburgh Commission; Dave Grzebinski, President and CEO, Kirby Corporation; Thomas Allegretti, AMP Chairman and President and CEO American Waterways Operators; Rep. Bill Shuster; Barry Holliday, Executive Director for the Dredging Contractors of America; Matthew Paxton,

Congressman honored for support of domestic maritime industry.   Rep. Bill Shuster (R-Pa.) this week received the 2014 Champion of Maritime Award from the American Maritime Partnership (AMP), the voice of the domestic maritime industry. The organization provides the prestigious award to recognize an individual who has displayed extraordinary dedication to and consistent support for the American maritime industry.  


ECO to Add 40-Plus Vessels, Expand Port Facilities

The Edison Chouest Offshore (ECO) global family of companies announced plans to enlarge its fleet and expand its terminal facilities in support of its customer base. New Vessels The Chouest newbuild order book contains more than 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, La.), LaShip (Houma, La.), Gulf Ship (Gulfport, Miss.) and Tampa Ship (Tampa, Fla.), as well as its Brazilian shipyard, Navship.


Edison Chouest Offshore Ordering New Vessels, Expanding Terminals

Company AHTS: Photo courtesy of ECO

The Edison Chouest Offshore (ECO) global family of companies, plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains over 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, LA), LaShip (Houma, LA), Gulf Ship (Gulfport, MS) and Tampa Ship (Tampa, FL), as well as its Brazilian shipyard, Navship. NEW 312’ PSV CLASS


U.S. Port Congestion Adds to Cotton Traders' Woes

File Photo: A containership at the dock in the Port of Oakland, CA.

U.S. merchants face delays of as much as a week to ship cotton from major West Coast ports, threatening exports to China, the world's largest textile market, ahead of a key Chinese deadline at month's end for imports to arrive. Congestion has plagued West Coast ports for months, including Los Angeles and Long Beach, which are the two busiest container ports in the United States and together make up the top hub for U.S. cotton exports.


AMP Demands Retraction of Jones Act Report

Tom Allegretti, Chairman of AMP

The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today released a statement in response to the sheer number of factual errors in the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) – Jones Act: Protectionism v. Global Trade. “The publication is littered with fabrications intended to mislead policymakers and we demand a retraction of the report," said Tom Allegretti, Chairman of AMP


MarAd’s Schubert: Building a Better U.S. Business

In part one of a two-part series, William G. Schubert, the new U.S. Maritime Administrator (MarAd) speaks with H. Clayton Cook, Jr. about the current standing and future direction of maritime activities in the United States. Mr. Administrator, this interview is being conducted for a piece that will be published in the August 2002 issue of Maritime Reporter and Engineering News, the largest magazine of general circulation in the maritime community


U.S. Economy Gained $42 Billion from Cruise Industry in 2012, Study Finds

Photo: Carnival

The North American cruise industry continued to be a substantial contributor to the U.S. economy in 2012 according to an independent study commissioned by Cruise Lines International Association (CLIA). The study shows that CLIA’s 26 North American member lines and their passengers and crew contributed over $42 billion in total U.S. economic impact, a 4.6 percent increase from 2011. In addition, the cruise industry generated 356,311 jobs, paying a record $17


US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG). Maria, who is president/broker at SYIG, said, “The biggest challenge presently is Obamacare. Interestingly enough, it’s actually affecting the international marine industry


EPA’s SmartWay Initiative Makes Way on the Water

Photo: Donald Hutton

Exhaustive studies by The National Waterways Foundation (NWF), a center for research and learning where industry leaders address public policy issues related to America’s inland waterways system, conclude that inland waterways transport generates fewer emissions of particulate matter, hydrocarbons, carbon monoxide and nitrous oxide than rail or truck on a per ton mile moved basis. But, it’s one thing to claim that metric


US O&G Industry Reaps the Benefits of International Trade

© Alexandre / Adobe Stock

Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when the domestic market has been at risk of becoming saturated. The United States exported record quantities of natural gas, propane, gasoline


Container Shippers Ordered to Testify in US Investigation

File photo: Hapag-Lloyd

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday.   The world's biggest container shipper, Denmark's A.P


ABS Exec Delivers Cyber Risk Wakeup Call

Tony Nassif (Photo: ABS)

ABS Chief Operating Officer Tony Nassif shares insights on cyber-related challenges and the role of class at the Connecticut Maritime Association’s annual conference.   ABS participated in the 32nd annual CMA Shipping Conference and Exhibition in Stamford, Conn


Marshall Islands Registry is "Number Two"

The Republic of the Marshall Islands (RMI) fleet now stands at 223,262,177 deadweight tons (DWT), making it the second largest registry in the world in terms of DWT. International Registries, Inc. and its affiliates (IRI) have provided administrative and technical support to the RMI Registry since


ABS, Industry Experts Tackle MODU Safety Issues

At its annual Special Committee Meeting, ABS shared recent enhancements to ABS jacking gear requirements, which address jackup system reliability. Photo: ABS

 ABS, the leading provider of classification and technical services to the offshore industry, collaborated with industry experts during its annual Special Committee Meeting held recently to discuss the ABS Rules for Building and Classing Mobile Offshore Drilling Units (MODUs)


USCGC Kimball Christened; GE Marine Gas Turbines Provide Power

Kimball at christening (Photo: GE Marine)

The U.S. Coast Guard’s seventh new National Security Cutter, Kimball (WMSL 756), was christened on March 4. The ceremony was held at Huntington Ingalls Industries' Ingalls Shipbuilding division in Pascagoula, Miss. According to HII, Kimball is the third ship named in honor of Sumner I


Irving Shipbuilding Invests in Ocean Technology Programs

Irving Shipbuilding Inc. said it has made a multimillion dollar investment to support marine innovation and commercialization in Nova Scotia and across Canada.    The shipbuilder is investing $4.52 million in the newly established Centre for Ocean Ventures and Entrepreneurship (COVE)


Skilled Workers Needed to Build Trump's Navy Vision

File Image: AdobeStock CREDIT Bogdan Vasilescu

U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan.  


Chantier Davie Shipyard: Competitive Value of Integrated Shipbuilding Tech

Billede4.jpg

Case study: Chantier Davie Shipyard invests in AVEVA technology to keep competitive. Established in 1825, Chantier Davie Shipyard is Canada’s oldest, and still today one of its most innovative, shipyards. Situated in Quebec, the yard has been expanding in both working and production


Cycles in Seaborne Trade

Graph: Clarksons Research

 In the last few decades, the shipping industry has generally been able to rely on seaborne trade as a fairly steady performer, says a report from Clarksons Research.  However, the slowdown in volume growth since the financial crisis has focussed the industry’s thoughts on


Ezra Holdings Files for Bankruptcy in US

Pic: Ezra Holdings

 Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy industry, Reuters reported.  Ezra  has been facing hostile actions from creditors at home and abroad as it struggles to recover from a


Expanded Panama Canal Welcomes 1000th Neopanamax Vessel

MSC Anzu as it transits the Cocoli Locks (Pacific side), becoming the 1,000th Neopanamax ship to transit the Expanded Canal. (Photo: ACP)

Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe


Denmark Studies Autonomous Shipping

In the future, autonomous ships may have a central role to play in Denmark. A pre-analysis made by the Danish Technological University (DTU) and the Danish Maritime Authority points to the need to develop technological solutions.   As the entire transport sector vigorously strives to


OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy

Official White House Photo by Pete Souza

On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.8 million acres in the north and mid-Atlantic Ocean and 115 million acres in the U.S. Arctic Ocean (including the entire Chukchi Sea and a significant portion of the


DP World’s Net Income Exceed USD 1 Bln for First Time

DP World London Gateway. Photo: DP World

 Dubai-based port and terminal operator DP World announced strong financial results from its global portfolio for the twelve months ending 31 December 2016, despite “significant challenges” in the industry.   On a reported basis, revenue grew 4






 
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