Export Licensing: Tips U.S. Exporters Shouldn’t Overlook
Export Control Lists Include Key Marine Tech Categories Each year, the U.S. Department of Commerce receives thousands of inquiries from businesses looking to export, many of which involve licensing questions. The Commerce Department’s Bureau of Industry and Security (BIS), together with other USG agencies, is responsible for export licensing and controls. BIS export licenses may be required for items (commodities, software, or technology) with proliferation, military, or terrorist uses, or which warrant control for other reasons.
Export Licensing: Tips U.S. Exporters Shouldn’t Overlook
Each year, the U.S. Department of Commerce receives thousands of inquiries from businesses looking to export, many of which involve licensing questions. The Commerce Department’s Bureau of Industry and Security (BIS), together with other USG agencies, is responsible for export licensing and controls. BIS export licenses may be required for items (commodities, software, or technology) with proliferation, military, or terrorist uses, or which warrant control for other reasons. Export licensing requirements can apply to a wide array of products, including marine technologies.
Hyundai Heavy Closes Onsan offshore
Hyundai Heavy Industries has temporarily shut one of its two factories making offshore oil rigs - Onsan plant in South Korea - due to downturn in the global oil and gas industry. The closure Onsan underscores the dire state of the country’s big shipbuilders as dearth of orders as the crude price rout forces international oil companies to cut spending. “Our ongoing projects will complete in March. From then we do not have a further order to work on, and the operation will stop until we get a new one,” a company spokesman told local media. But Korean Times quotes a HHI spokesman saying: "The plant will complete its last order in late March, and then it has no more orders to work on ... So, we decided to utilize the facility for other purposes.
USGS to Receive New Great Lakes Research Vessel
The U.S. Geological Survey awarded a contract for the construction of a large research vessel for Lakes Huron, Michigan, and Superior to Burger Boat Company of Manitowoc, Wis. The vessel will replace the 38-year-old Grayling, bringing the USGS Great Lakes Science Center (GLSC) large vessel fleet up-to-date. The new Grayling will be stationed at the USGS base in Cheboygan, Mich., and will incorporate modern marine standards and state-of-the-art technology to more safely and effectively conduct fisheries research.
