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
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.
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
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
Beier Radio, Inc. marks 70-years of providing engineering, sales and service for marine electronics around the globe. During its 70 years in business, Beier Radio has grown from being one of the first marine electronics distributors in the southern United States to a leader in integrated vessel control, navigation and communications systems as well as mariner training. “Beier Radio has always been committed to delivering products and services that meet the current demands of the marine
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
Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material handling equipment centered on forklift trucks, engines and turbochargers. The new entity will serve as an independent management body to
The International Chamber of Shipping (ICS) has published its Shipping Industry Flag State Performance Table for 2015/2016, which can be downloaded free of charge via the ICS website. The ICS Table provides an annual overview of the performance of the world’s ship registers against a
Caterpillar Inc. has named privately owned Puerto Rico-based company Rimco as the official Cat dealer for Cuba. Rimco, a longtime Cat partner, currently serves as the company’s dealer for Puerto Rico and the Eastern Caribbean.
The U.S. Environmental Protection Agency (EPA) is proposing to amend its 2005 rule that designated the Central and Western Long Island Sound Dredged Material Disposal Sites. The proposed amendments will help meet the goal of reducing or eliminating dredged material disposal in open waters of the
While most people know that ferries are a method of transportation, few have a good understanding of the nature of the sector and its importance. In Canada, ferries transport more than 55 million passengers, over 19 million vehicles, billions of dollars’ worth of goods and they employ close
France's CMA CGM, the world's third-largest container shipping group, will expand its presence in Iran after signing a landmark deal on Thursday with the Islamic Republic of Iran Shipping Lines (IRISL). Many Western businesses are seeking to invest in Iran, a nation of 80 million people
In the dry bulker business, the market is deteriorating to a new record low due to the imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last fall, says Mitsui O.S.K. Lines, Ltd.
Marine Manufacturer Adds Talented Technical Sales Professional To Expand Key Big Boat Market Segment Presence IMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team.
Mitsui Engineering and Shipbuilding Co., Ltd. (MES) has established a new department to support the chartering of floating production, storage & offloading system vessels (FPSO) for marine oil and gas. Effective February 1, this new section within the Ocean Business Promotion
Global Marine Systems Limited has acquired a majority interest in offshore renewables specialist CWind Limited. According to Global Marine, the purchase demonstrates its commitment to the offshore renewable sector and adds a diverse range of construction and O&M services to its current
Global Forwarder GEODIS and Maersk Line deliver their share and partner on a 5-year strategic commitment to reduce their environmental footprint. This agreement integrates both companies’ sustainable commitments to reduce GEODIS’ CO2 emissions per container moved
Taiwan President Ma Ying-jeou honored Evergreen Group founder Dr. Chang Yung-Fa with a posthumous commendation in recognition of his contributions to international transportation and social welfare during the memorial service today. The company's North America headquarters are in Jersey City, N.J
Antwerp Port Authority today made a partnership agreement with the Industrial and Commercial Bank of China (ICBC). The Memorandum of Understanding was signed last week at the official opening of the ICBC’s Antwerp branch in Brasschaat Castle
On 20 January 2016, Corima, part of the Italy-based Gesmar Group, held an official handover ceremony for a Damen ASD 2810 tug. The festivities were attended by invited guests that included representatives from Ancona’s port and city authorities.
Hanjin Shipping India Pvt Ltd, the South Korean shipping conglomerate, made its maiden call at KPCT on 1st February, 2016. Vessel MV Hanjin Florida had exchanged 553 TEU out of which 109 TEU are imports and 444 TEU are exports. Krishnapatnam Port Container Terminal