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Project America

Northrop Grumman Suspends Work On Project America

Northrop Grumman Corporation announced today that, effective immediately, it has suspended all work on Project America, a cruise ship program to build two 1,900-passenger cruise ships at its Pascagoula, Miss., Ingalls Operation. Approximately 1,250 of the 1,600 full-time employees assigned to the project will be affected by this suspension. An additional 500 subcontractor employees could also be affected. American Classic Voyages Company (AMCV), which is the parent of Project America, filed for Chapter 11 bankruptcy protection on Oct. 19, following the tragic events of Sept. 11 and their impact on the tourism industry. As previously stated, Northrop Grumman said that ongoing work on the program was subject to Project America's ability to secure immediate financing for the balance of the contract. The completion of this financing was contingent upon U.S. Maritime Administration loan guarantees. "Unfortunately, to date the U.S. Maritime Administration has decided not to continue the guaranteed funding necessary for the construction of the ships," said Phil Dur, corporate vice president and president of Northrop Grumman's Ship Systems sector. "So it is with sincere regret and a deep feeling of disappointment that we discontinue work on this contract." Northrop Grumman will continue its efforts with the U.S. Maritime Administration to obtain guaranteed funding for Project America


NCL Names Project America Ships

Norwegian Cruise Line (NCL) announced the names for its first two Project America ships, which will begin sailing Hawaii inter-island cruising next year. Project America 1 will be named "Pride of America", reflecting the "Best of America" theme on board. The line's second Project America ship, currently sailing as Norwegian Sky, will be reflagged into the U.S. registry, and will be renamed, "Pride of Aloha" reflecting the strong Hawaii theme to be incorporated during a complete refurbishment


NCL Acquires S/S United States

Norwegian Cruise Line (NCL) has purchased the S/S United States, one of the country's most venerable ships built in the glory days of trans-Atlantic sea travel. NCL will convert the vessel to a state-of-the art, modern cruise ship and add it to NCL's planned U.S. flagged fleet. A relaunched S/S United States will add more than 1,000 American maritime jobs and 5,000 shoreside jobs to the 3,000 maritime jobs and 17,000 shoreside jobs that NCL's U.S


Northrop Grumman Stops Work on Project America

Northrop Grumman Corporation announced that it has stopped work on Project America, a cruise ship program to build two 1,900 passenger cruise ships at its Pascagoula, Miss., Ingalls Operations. This decision follows negotiations with the U.S. Maritime Administration, which has decided not to continue the guaranteed funding necessary to complete the construction of the ships. As previously announced on October 25, 2001


UPDATE: Cruise Ships to Move

According to a Northrop Grumman spokesman, the first Project America cruise ship -- which is 45 to 50 percent complete -- will soon be moved to free up precious production space at the company's Pascagoula facility. The company, which was rebuffed by the U.S. Maritime Administration to continue funding the ships in light of the bankruptcy filing by AMCV, is "weighing its options" as to the future of the vessels. The company earlier today announced it was taking a pretax charge totalling $60


Construction Commences On Milestone Cruise Vessel

Litton Ingalls kicked off the construction process of the first cruise ship to be built in the U.S. in 40 years, with a pre-July 4th ceremony at the yard's Pascagoula, Miss. headquarters celebrating the vessel's hull fabrication. Located among a patriotically-centered flag waving crowd was Uncle Sam, the yard's guest operator, who went aboard a plasma arc plate cutting machine to cut the initial steel plate for Project America Hull #1 — the first in a series of cruise ships built by


U.S. Navy To Benefit From U.S. Lines’ Demise?

In an effort to utilize the now defunct U.S. Lines cruise ships, Congress has recommended that the U.S. Navy purchase the vessels, for possible use as replacement Joint Command Ships. The two 1,900-passenger vessels, which were to have been delivered in 2003, at a price of $440 million each, were on their way to becoming “an American dream.” With the first vessel approximately 55 percent complete, the second vessel was about to have its keel laid


New Ship Expected To Generate More Than $30M For AMCV

The new ship to be purchased by American Classic Voyages from Carnival Corp. is expected to generate $35-40 million of cash flow for the company, and incremental earnings power could top $.50 a share, according to a report released by Lazard Freres & Co. LLC. AMCV announced last week an agreement to acquire the 1,214 berth Nieuw Amsterdam from Carnival for $114.5 million. The ship will be delivered to AMCV in October of next year


AMCV To Acquire MS Nieuw Amsterdam

American Classic Voyages (AMCV) has reached an agreement with Holland America line to buy MS Nieuw Amsterdam for $114.5 million, contingent upon various conditions expected to be resolved by this coming fall. A unit of Carnival Corporation, Holland America Line is scheduled to transfer the 1,214-passenger cruise ship to AMCV during fall 2000. AMCV plans to re-document Nieuw Amsterdam as a U.S.-flag vessel, complete with American crew


Enhanced Efficiency, Capacity at Corpus Christi Port

Image

  U.S. Department of Transportation Maritime Administrator Paul ‘Chip’ Jaenichen today joined Federal, State and local officials at the Port of Corpus Christi for a ribbon cutting ceremony marking a major step forward in the development of an expanded rail yard.   A 2012 $10 million Transportation Investment Generating Economic Recovery (TIGER) grant provided the foundation needed for the $17 million project.


Global Study into use of Wind, Solar Power on Ships

EnergySail Test Station Photo Eco Marine Power

In co-operation with several shipping companies and technology partners, Eco Marine Power (EMP)has begun a detailed study focused on the practical applications of its patented EnergySail and Aquarius MRE technologies. The study will cover the engineering aspects of installing an EnergySail or


IANA Introduces Resource Center

Photo: Intermodal Association of North America.

 The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry. The Intermodal Freight Resource Center offers educational tools


Indiana Ports set Quarterly Tonnage Record

The port of Indiana, Jeffersonville (Photo: Ports of Indiana)

The Ports of Indiana handled nearly 3.9 million tons of cargo during the fourth quarter of 2016, the highest quarterly shipment total in the organization's 55-year history.   The total surpassed the ports' previous quarterly record set in the second quarter of 2015 by 300,000 tons


APM Terminals Boosts Investment in Port Elizabeth

Photo: APM Terminals

 APM Terminals has significantly increased its previously announced USD $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of USD $200 million.    This figure includes ordering four next-generation Ship-To-Shore (STS)


Carnival to Build Two New Cruise Ships with Fincantieri

File Image: A Carnivval Cruiseship underway at sea (CREDIT: Carnival)

Two new ships to be built for company’s Holland America Line and Princess Cruises brands will help meet growing demand for cruise vacations and enhance the fleet.   Carnival Corporation & plc announced that it has signed a memorandum of agreement with Italian shipbuilder


Hapag-Lloyd Names 10,500 TEU Box Ship

(Photo: Hapag-Lloyd)

Container shipping company Hapag-Lloyd held the naming ceremony for its newest German flagged containership, the Cartagena Express, at the Hyundai Samho Heavy Industries shipyard in Samho, South Korea.   “With the Cartagena Express, yet another state-of-the-art ship of our 10


Long Beach Port 'on track for green future'

Photo courtesy Long Beach Port

The Port of Long Beach sails into 2017 propelled by transformative modernization projects all across the harbor, excellent financial health, an industry-leading record of environmental progress, and a strong commitment to working with the City and neighbors


Hall to lead Hiab, Sales and Services

Scott Hall Photo Hiab

Hiab, part of Cargotec, has appointed Scott Hall as Senior Vice President, Sales & Services as of 24 January 2017. Scott Hall will lead Hiab's global Sales & Services function and drive sales and services excellence across Hiab's global network


NextDecade Takes Aim at Texas City for LNG Export

Photo: NextDecade, LLC

 NextDecade LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility.  


America Cruise Terminal – New location for cruise ships

This historic quay is now being resurrected as a cruise reception centre under the name America Cruise Terminal. Photo Port of Gothenburg

Over 100 years ago, the first Swedish American Line vessel sailed for the USA from Stigbergskajen in Gothenburg. This historic quay is now being resurrected as a cruise reception centre under the name America Cruise Terminal. “Gothenburg has developed considerably as a maritime city


APL extends West Coast Service

Courtesy APL

APL today announced that its West Coast Service (WCS) will be serving an additional port in Callao, Peru, expanding the service’s port coverage in South America West Coast. “The Port of Callao is the chief seaport of Peru, handling a sizeable volume of its ocean-borne cargo


Kenya's University to host Africa Maritime Technology Cooperation Centre

Under the Global MTTC Network (GMN) project, JKUAT will host MTCC-Africa in collaboration with Kenya Ports Authority and Kenya Maritime Authority. The selection of JKUAT followed a competitive international tendering process. Photo:  International Maritime Organization (IMO)

 International Maritime Organization (IMO) has announced that Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenya, has been selected to host the regional Maritime Technology Cooperation Centre (MTCC) for the Africa region, under an ambitious project


Yacht Industry to Reach $51bln by 2020

Image: Sanlorenzo SPA

 In 2014, the global yacht charter market was valued at USD 35 billion and is projected to reach USD 51 billion by 2020, growing at a CAGR of 6.5% during the forecast period, according to Market Report.   Region wise, Eastern Europe is expected to see the largest growth of 7


Global Names Coppes Director of Salvage & Wreck Removal

Bas Coppes (Photo: Global Diving & Salvage)

Bas Coppes has joined the senior management team at Global Diving & Salvage, Inc., aiming to guide the global growth of the marine services company. Coppes will be based out of Global’s Houston office and will focus on salvage and wreck removal operations worldwide.  


Van Oord JV Bags Santos port Dredging Contract

Courtesy Van Oord

Van Oord has been awarded a contract by the Brazilian Ministry of Transport, Ports and Civil Aviation for the capital and maintenance dredging of the port of Santos. This project in the largest port of South America will be executed in a joint venture with Boskalis






 
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