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Security Funding

$307,500 PSGP Funding for Hueneme Port

The funds will enable the port to invest in systems that enhance its capabilities Photo Port of Hueneme

The Port of Hueneme announced that it will receive more than $307,500 in funds from the U.S. Department of Homeland Security (DHS) through the Fiscal Year 2016 Port Security Grant Program (PSGP). The funds will provide multi-functional applications protecting critical port and regional infrastructure from terrorism, enhance maritime domain awareness, improve port-wide maritime security risk management, and maintain or reestablish maritime security mitigation protocols that support port recovery and resiliency as well as enhance the response capabilities of our regional law enforcement partners. Said President of the Board Dr. Manuel Lopez, “The Port is proud to be a recipient of these critical funds through the Port Security Grant Program administered by the U.S Department of Homeland Security and the Federal Emergency Management Agency (FEMA). These funds will enable our port to invest in systems that enhance our capabilities to deter and respond to activities not in our best interest and allow us to provide a safer and more secure port.” “The Port of Hueneme is vital to the economic well-being of Ventura County and Southern California,” said Congresswoman Julia Brownley. “I am pleased to announce that the Port of Hueneme will receive this critical homeland security funding to ensure safety and security at the Port.”


Supplemental Homeland Security Funding

The Department of Homeland Security released the Statement of Secretary Ridge


AAPA Testifies on Seaport Security

Kurt J. Nagle, president and CEO of the American Association of Port Authorities (AAPA), testified on seaport security before the House Transportation and Infra­structure Subcommittee on Coast Guard and Maritime Transportation. On the issue of the proposed acquisition of P&O Ports by DP World, Nagle indicated that in reviewing a transaction of this type, “it is the appropriate role of the federal government to determine if there are national security concerns with any


Schwarzenegger Announces $5M Port Security Grant

Governor Schwarzenegger joins Admiral Kevin J. Eldridge, USCG, Commander, Eleventh Coast Guard District and Matt Bettenhausen, Director, Office of Homeland Security, State of California, onboard a UTB-41 Coast Guard boat to observe coast guard port security drills. Gov. Arnold Schwarzenegger announced a $5 million grant to improve port security at 11 of California's ports during a visit to the San Diego Coast Guard Joint Operations Center


Georgia Port Funding Announced

Governor Sonny Perdue announced awarding $1.695 million in Port Security Grants to the Georgia Ports Authority (GPA). "I want to thank President Bush, Secretary Ridge, and our excellent delegation in Washington for these homeland security funds that will help protect Georgia's coast from acts of terrorism and provide further security enhancements for our ports," said Governor Sonny Perdue. "We must continue to work with our


$30m for Washington State Port Security

April 8, U.S. Senator Patty Murray (D-WA) announced that Washington state ports will receive $30.3m for port security efforts across the state this year. The funds, which will now begin to be distributed to state ports, will go toward infrastructure security improvements including chemical detectors, cameras, security gates, access controls, and training and exercises. “As we work to stabilize our economy and spur investment in Washington state


House Vote to Increase Port Security Funding

The American Association of Port Authorities (AAPA) welcomed the U.S. House of Representatives' approval to increase by 14 percent the funding for the Port Security Grant program in fiscal year 2007. By a vote of 389 to 9, the House version of the FY'07 appropriations bill for the Department of Homeland Security would provide $200 million in Port Security Grant program funds, compared to $150 million recommended by the House for FY'06.


Gov. Schwarzenegger Creates California Maritime Security Council

(Photo Credit: USCG) Recognizing the expanded need for coordination and information sharing between the federal, state and local governments at our ports, Gov. Schwarzenegger signed an executive order creating the California Maritime Security Council (CMSC). "California's ports are vital not only to our own economy, but to the nation's economic health as well. Our state handles nearly half of all the port traffic in the United States and more than $4


AAPA: New Security Regulations Will Require Billions in Investment

The American Association of Port Authorities commends Homeland Security Secretary Tom Ridge and the U.S. Coast Guard (USCG) on the release of regulations to secure America's ports from terrorist acts. These final regulations call for port facilities to conduct vulnerability assessments, develop security plans and implement enhanced security measures. Enhancing seaport security is a top priority for U.S. ports today. Public port agencies have invested millions of dollars to increase


10 Years After 9/11, Security Still a Top Priority of U.S. Ports

AAPA Concerned Federal Budget Cuts May Impact Port Security Progress. Port and industry leaders from throughout the Western Hemisphere will pause on Sunday, Sept. 11, as part of the 100th Annual Convention of the American Association of Port Authorities (AAPA) in Seattle (Sept. 11-15), to remember those tragically lost in the terrorist attacks on U.S. soil 10 years ago.  Among those lost were 84 industry colleagues from the Port Authority of New York and New Jersey who perished at the


Northern Shipping Fund Closes above Target

Northern Fund Management America LLC (“Northern Shipping”), an alternative capital provider to the shipping and offshore oil service sectors, said that it has completed a final closing for Northern Shipping Fund III LP, with total investor commitments of $505 million


Debt Looms for South Korean Shipyards

 The top four Korean shipbuilders have 2.3 trillion won ($1.9 billion) in notes maturing next year, the most in Bloomberg-compiled data going back to 1997.    Bloomberg reports that some of them may have trouble paying debts without help from the government or group firms


Levenson Appointed Director, Great Lakes

 The Board of Directors of Great Lakes Dredge & Dock Corporation the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today that Ryan Levenson has been appointed to the Board of Directors


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.  


Empire State Stake, Melbourne Port Among Q3 Sovereign Fund Acquisitions

Photo: Port of Melbourne

An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion. The combined value of deals was up 38 percent from the previous


IMO Supports African Maritime Summit

Pic: International Maritime Organization (IMO)

 International Maritime Organization (IMO) is continuing its work to support sustainable maritime development in Africa by participating in the opening of the African Union Extraordinary Summit on Maritime Security and Safety and Development in Africa, held in Lomé, Togo (11-15 October)


Germany Orders Five More Navy Ships

Germany has agreed to spend 1.5 billion euros to buy five more corvettes for the navy, the navy said on Friday, and Die Welt newspaper quoted lawmakers as citing the need for greater security in the Baltic Sea and the Mediterranean.  


Arunta Sails for Extended Mission

Friends and family of HMAS Arunta farewelled their loved ones from the wharf at Fleet Base West as the ship departed for Operation Manitou in the Middle East Region. Photo: Royal Australian Navy

 There was a sombre tone at HMAS Stirling, in Western Australia, as the 191 men and women serving in HMAS Arunta said goodbye to loved ones and joined the frigate to depart for close to nine months in the Middle East.   Commander Australian Fleet


Hunter Maritime Acquisition Launches IPO

Hunter Maritime Acquisition Corp. announced the commencement of its initial public offering of 15,000,000 units at a price of $10.00 per unit. Each unit consists of one Class A common share of the company and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one


SCA Urges Congress to Fund Navy Shipbuilding

Matthew Paxton (Photo: SCA)

U.S. Congress announced this morning that it would likely pass a short-term continuing resolution (CR) extension through March 2017.   Addressing the proposed CR, the Shipbuilders Council of America (SCA) president, Matthew Paxton, issued the following statement.  


Enhancing Maritime Security in the Dominican Republic

Photo:  International Maritime Organization (IMO)

 A table-top exercise on maritime security has been held in Santo Domingo, Dominican Republic, (1-2 December) to assist the country to effectively implement provisions that fall within the scope of  International Maritime Organization (IMO)  maritime security measures


Maritime Surveillance on Agenda in Mozambique

Photo:  International Maritime Organization (IMO)

 A project to provide a single display maritime surveillance system for Mozambique has been commissioned and handed over to the country’s Government in Maputo (1 December).    The International Maritime Organization (IMO) -supported project is set to boost maritime


Guinea Workshop Plays Through Maritime Security Measures

Photo: International Maritime Organization (IMO)

 Piracy, armed robbery and border security scenarios are being played out in a table top exercise for officials in Conakry, Guinea (6-8 December).    The International Maritime Organization (IMO)-led event is the latest in a long series of exercises held in the West Africa region


Countering Maritime Terrorism

Photo: International Maritime Organization (IMO)

 A seminar looking at maritime security issues ranging from cyber security on board ships to piracy and illegal maritime activities concluded in Copenhagen (12-13 December).   Industry security experts have concluded that maritime crime will not be stopped any time soon – and


Northern Shipping Fund Closes above Target

Northern Fund Management America LLC (“Northern Shipping”), an alternative capital provider to the shipping and offshore oil service sectors, said that it has completed a final closing for Northern Shipping Fund III LP, with total investor commitments of $505 million






 
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