The Lockheed Martin LCS Team is adding United States Marine Repair to its group of core teammates supporting the Sea Blade LCS solution. Using an open business model, the Lockheed Martin LCS Team is recruiting "best of breed" technical specialists from the U.S. and overseas in its bid to win this important transformational Navy program. "A key focus of Lockheed Martin's LCS proposal is to find the best companies, in the U.S. and abroad, to deliver to the Navy the most affordable and effective ship possible," said Fred Moosally, president of Lockheed Martin's Naval Electronics & Surveillance Systems. "Our team is harnessing world class expertise in a wide range of disciplines. United States Marine Repair, a wholly owned subsidiary of United Defense, adds another important element to our Sea Blade littoral combat ship proposal for the Navy." United States Marine Repair provides ship repair and logistics services experience to the team. Potential long-term roles for the company within the Sea Blade solution include fleet maintenance, training, module fabrication, ship outfitting and porting. "United States Marine Repair is honored to join the highly regarded group of technical specialists on the Lockheed Martin LCS Program Team," said retired Rear Adm. Dick Camacho, the company's vice president of business development
WIL Lines, a worldwide logistics integrator with offices throughout the U.S., Africa, Middle East and Europe, recently opened its Libyan office in the capital, Tripoli. Since the re-establishment of diplomatic relations with the U.S. in 2004, Libya’s economy has opened significantly. Foreign businesses are finding it easier to do business there and the profits to be made are significant. The country has one of the highest GDPs in the world and is a major importer of dry foods and other
Freightgate Inc., a leading provider of Internet applications for the freight and logistics industry, announced that it has opened a new sales, service and support facility in Marseille, France in order to reinforce its commitment to the European market. "Our new office in France will not only facilitate the relationships with our current customers in Europe, but also to develop new business within this area. We believe the door is open for additional activity in Europe," said Martin Hubert
American Commercial Lines Inc. (ACL) opened its new Liquid Transportation Division Headquarters in Houston, Texas. The opening of the new regional headquarters, combined with ACL's recent announcement to build 30 new 30,000 barrel tank barges in 2008, begins the foundation for the Company's long-term strategy to increase liquid business from 24% to 40% of its total transportation revenue.
Ardmore Shipping has expanded its global network with the opening of an office in Houston, to be led by Holly Cummings, who joins Ardmore Shipping as Chartering Manager (Americas). The new Houston office will be responsible for expanding Ardmore’s commercial activities in the Americas and will work with Ardmore’s chartering teams in Europe and Singapore. Cummings joins Ardmore with 11 years of experience in the maritime sector
General Dynamics Advanced Information Systems was awarded a contract by Austal USA to be the Platform Systems Engineering Agent (PSEA) of Littoral Combat Ships (LCS) 14 and 16. These are the fifth and sixth ships of the Independence-variant LCS to be ordered by the U.S. Navy under a 10-ship block buy contract awarded in December 2010 to Austal USA. General Dynamics Advanced Information Systems is a business unit of General Dynamics.
Sweden's Viking Supply Ships (VSS) have opened an office in St. John’s, Newfoundland, Canada. They say they have had several vessels working in Canada over the past few years and the opening of the Canadian office will strengthen their strategic position in the Canadian market. Mr. Gerard Dunphy, who has been in the Offshore Business for over 20 years in Atlantic Canada, the Canadian Arctic, Alaska, Greenland and the North Sea, has been employed as the Managing Director.
Aboard the HQS Wellington in London yesterday, Chenega UK Ltd. launched its fully integrated maritime security system to combat piracy and provide the ship owning community with a holistic, single point of contact security program to mitigate the risk of piracy. The system was received with excitement by the shipowners, managers, insurers, flag states and others engaged in transporting more than 90% of the world's goods, as "currently
Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management, has officially opened its new £4 million global headquarters in Aberdeen. The new headquarters are part of an overall investment in the business of £50 million this year to support the company’s international business development strategy. Swire Oilfield Services currently employs 750 people globally and expects to
French container shipping group CMA CGM bought an additional 2.4 million shares in takeover target Neptune Orient Lines (NOL) from the open market on Thursday at $1.235 and $1.24 per share, says a report in the Business Times. Following the latest transaction, the Marseille-based company now owns 2.32% of its takeover target, NOL. Since CMA CGM announced its takeover plans in December 2015 the latest open market purchases were at a level below the SGD1
Four themes at this year’s Danish Maritime Days will highlight some of the most important challenges and opportunities which the global maritime industry is facing, organizers said. Open markets, innovation, sustainability as well as security and safety will be high on the agenda
Autonomous ships, smart on-board systems: At the Maritime Future Summit on September 5, industry leaders will discuss the future of shipping. For the first time SMM hosts a conference dedicated to digital shipping. Cyber Ships: What may sound like a word from a science fiction novel to
Marine electronics group Navico, a literal ‘house of brands’ for the recreational, sail, power and commercial marine markets, is making a strong push in the commercial sector with its Simrad brand. Armed with a stockpile of new technology and a global network of sales and support
A new lifeboat station has been opened on the Greek island of Chios – with the cooperation of International Maritime Rescue Federation (IMRF) members – to help support the rescue of migrants in the Aegean. The Lifeboat station was made possible through a partnership
Manufacturer of specialty lubricants Klüber Lubrication has introduced Klüberbio LG 39-701 N, an eco-compatible operating lubricant for open gear drives used in marine applications. Klüberbio LG 39-701 N is specifically designed for manufacturers and operators of open gear
International Registries, Inc. and its affiliates (IRI) provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries. The RMI Maritime Registry has surpassed another significant fleet milestone
U.K. Transport Minister, Andrew Jones MP visited the Port of Liverpool Monday, May 16 to view the latest developments at Liverpool2 as the terminal approaches its opening. The Minister, who has responsibility for the strategic roads network and ports
DP World Yarimca has been officially opened for business by the President of the Republic of Turkey, Recep Tayyip Erdoğan in the presence of senior government officials and executives of DP World. President Erdoğan joined the opening yesterday by teleconference in the presence of the Minister
Danish wind farm developer DONG Energy, which analysts value as high as $13 billion, said on Thursday it plans to list its shares on the Copenhagen stock exchange this summer. Having built more than a quarter of the world's offshore wind farms
Chinese steel and iron ore futures fell deeper into bear market territory on Thursday, as the country's exchanges unveiled more measures aimed at dampening the type of speculative trading behind a powerful rally last month. The aggressive steps to limit speculative buying have helped fuel
A new Georgia-based company called PortFresh Logistics has announced plans to build a 100,000 square-foot cold treatment facility dedicated to perishable cargoes imported through the Port of Savannah. The facility, slated to open in late summer 2016
International container carrier focused on trade to and from Africa, West and Central Asia, Safmarine will move its head office to Cape Town, South Africa, thereby returning to its roots. Safmarine was acquired by Maersk Line in 1999
South African state rail-freight operator Transnet is embarking on a major expansion drive in the rest of the continent, offsetting a slowdown at home caused by the slump in commodity prices, chief executive Siyabonga Gama said on Wednesday.
Diversified Port Holdings (“DPH”) announces the acquisition of Liberty Terminals based in Savannah, Georgia with additional operations in Charleston, South Carolina. Liberty Terminals will operate as Seaonus Stevedoring-Savannah LLC
Chief executive of Livingston-based Cyberhawk Innovations, Craig Roberts, has been shortlisted as a regional finalist in the 2016 EY (Ernst and Young) Entrepreneur of the Year Awards for Scotland. Formed in 2008, Cyberhawk has grown significantly to become the world leader in unmanned