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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 Navy Fires Warning Shots at Iranian Vessels

File photo: USS Mahan in March 2016 (U.S. Bavy Photo: Rafael Martie)

A U.S. Navy destroyer fired three warning shots at four Iranian fast-attack vessels near the Strait of Hormuz after they closed in at high speed and disregarded repeated requests to slow down, U.S. officials said on Monday.   The incident


ABB Propulsion, Automation and Software for Five Cruise Ships

Photo: ABB

ABB will supply the complete power, propulsion and automation package for a series of new cruise vessels being built by MV WERFTEN for Genting Hong Kong brands Crystal Cruises and Star Cruises.   The three Crystal Cruises’ luxury “Endeavor Class” mega-yachts will feature a


Webb Awards Thomas B. Crowley Sr. Memorial Scholarship

Hannah Wistort (Photo: Crowley)

Hannah Wistort, Webb Institute class of 2017, is the 2016-2017 recipient of Crowley Maritime Corporation’s Thomas B. Crowley Sr. Memorial Scholarship.   Webb’s scholarship selection committee chose Wistort for her academic excellence and leadership skills


Seacat Set for Offshore Wind Rush

Courtesy Seacat Services

Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction   9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services


Towing Vessel Inspection Bureau Acquires Marine Auditing Firm

Towing Vessel Inspection Bureau (TVIB) has acquired Quality Auditing, LC, effective December 31, 2016.    According to TVIB, the purchase strengthens its three-fold mission to provide training and continuing education for marine auditors and surveyors, develop audit and survey tools


DryShips Expands to Gas Carrier Market with Four New VLGCs

Image: DryShips Inc.

 DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer,  George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum


Vallianz Shuts Singapore Yard

Photo: Vallianz Holdings Limited

 Singapore’s offshore-support vessel provider  Vallianz Holdings has ceased operations at its shipyard in Singapore as part of efforts to streamline business operations amidst the severe industry downturn.   At the end of 2016


Samsung Wins $1.26bln Contract from BP

Photo: Samsung Heavy Industries

 Samsung Heavy Industries, South Korea's major shipyard, build a floating production unit for British oil multinational BP that will be used in offshore drilling in the Gulf of Mexico, says a report in Yonhap.   The 1.5 trillion won ($1


TRIYARDS Post 17% Revenue Growth

Photo TRIYARDS

 Turnover increased 17% in 1QFY17 driven by contributions across its diverse range of product offerings  Difficult market conditions and different mix of products has led to compressed margins  Successful diversification of product range and client base while maintaining excellent quality


Maritime Crimes On The Rise, Says BIMCO Experts

Pic: United Nations Office on Drugs and Crime

 Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity.   This was the consensus at BIMCO’s first ever Maritime Security Seminar in Copenhagen.  


Laugfs Buys Third LPG Carrier Vessel

Photo: LAUGFS Holdings

 Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas,  has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million, reports  Lanka Business Online quoting company sources.  


Eastern Hires Adm. Papp as President Washington Ops

Admiral Robert J. Papp, Jr., U.S. Coast Guard (Retired) Photo Eastern Shipbuilding

Eastern Shipbuilding Group, Inc. has appointed Admiral Robert J. Papp, Jr., U. S. Coast Guard (Retired), as President of Eastern Shipbuilding Group, Inc., Washington Operations. Admiral Papp served as an Officer in the Coast Guard for nearly 40 years


NOIA Slams BOEM’s Denial of Offshore Seismic Permits

Randall Luthi Photo NOIA

National Ocean Industries Association President Randall Luthi today issued the following statement on the Bureau of Ocean Energy Management’s denial of seismic survey permits for the Atlantic OCS. “In yet another ‘black Friday’ announcement targeting the offshore oil


Dryships to Expand into VLGC sector

The Table

DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas


Gulf Navigation forms JV with Polimar Turkish

Photo: Gulf Navigation Holding

 Dubai-listed Gulf Navigation Holding has announced a partnership with Polimar Turkish Holding to grow its fleet and increase its global reach. Under the agreement, Gulf Navigation said it would be able to serve customers in major trading ports worldwide.  






 
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