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Shehraze Shah News

23 Oct 2017

Economics & Utility Redefine Today’s Workboat Output

(Photo: Silverships)

GoM shipyards are meeting the demand for right-sized, multi-mission boats. In the last decade, Gulf Coast shipyards have watched demand for multi-mission vessels grow from foreign governments and U.S. authorities. In particular, local counties and municipalities – pinched by shrinking budgets and expanding mission sets – began the march to leverage a single hull for more than one task. And, since these boats can serve military or civilian needs, the need for boatbuilders to quickly adapt a standard hull form to a particular requirement became a highly desired skill set.

02 Aug 2016

Swiftships Continues Autonomous Watercraft R&D

Photo: Swiftships

U.S. shipbuilder Swiftships, LLC has partnered with Virginia-based technology solutions company ICS Nett Inc. (ICS) to continue research and development efforts on the Anaconda, a Special Operation Craft Riverine (SOCR). Together, ICS and Swiftships will strive to transform the Anaconda into a completely autonomous watercraft equipped with Artificial Intelligence (AI) capabilities that is faster and has more complex maneuverability than its predecessor. Phase one of the Anaconda began with a partnership between Swiftships and the University of Louisiana at Lafayette in 2014…

01 Jul 2016

Swiftships to Procure Patrol Craft Kits for Egyptian Navy

Photo: Swiftships

On June 28, 2016 Louisiana-based Swiftships, LLC, was awarded a $15 million firm-fixed-price (FFP) contract involving Foreign Military Sales (FMS) to procure four 28-meter KITs for the Egyptian Navy (EN). The contract will allow Swiftships to procure KITs so the EN can assemble/coproduce these 28m coastal patrol craft (CPC) in Alexandria, Egypt. The 28m CPCs will include: 4.7-meter rigid inflatable boats, forward looking infrared system, diagnostic equipment and contractor engineering technical services.

26 Oct 2015

Maritime Security Demand Keeps US Builders Busy

Photo: Kvichak

Export hulls – through the FMS Program, as well as Direct Sales – are a key piece of the business model. Even as the crash in energy prices feeds the oversupply of offshore support vessels – a key staple of U.S. boatbuilding diets – and the dwindling backlogs of some so-called ‘second tier’ yards,  a number of U.S. boat builders are still seeing robust demand for security vessels. Separately, tightening federal, state, municipal and overseas budgets are being trumped by the increased need for security craft that can perform more than one function.

19 Jun 2015

Competition, Quality and Demand Come Together

Silver Ships

Combat, Patrol and Law Enforcement Vessels Meet Multiple Missions with varied business plans. U.S. firms building patrol, combat and law enforcement craft are weathering government budget cuts by strengthening ties with clients and public agencies. These unique boats remain in demand because of terrorism, crime, wars, piracy and fire, and most serve multiple missions. As maritime nations beef up their defense capabilities, U.S. Foreign Military Sales (FMS) and Direct Commercial Sales (DCS) programs help builders do business overseas.

14 Oct 2014

Security for the Long Run

Swiftships sandblasting of the 148 ft vessels for South Oil Company of Iraq.

U.S. companies continue to land lucrative contracts with domestic and foreign customers for vessels that are designed or specially customized to meet defense, police and anti-piracy needs. Governments here and abroad, meanwhile, continue to cut budgets. Many of the security craft to be delivered this year are built to save energy, reduce emissions and reach higher speeds and greater cruising ranges than their predecessors. They have the latest tracking and communications systems. And a few new vessels are remotely operated.

19 Mar 2014

Swiftships Unveils USV with the University of Louisiana-Lafayette

Last month, Swiftships Shipbuilders, LLC, in Morgan City, La., showcased the Anaconda-2 – an unmanned, 35-ft. craft in development – during a demonstration on the Atchafalaya River next to its HQ. The company partnered with the University of Louisiana at Lafayette more than a year ago to produce technology for a vessel that can navigate without a pilot aboard. Swiftships and ULL are designing a boat that uses Global Positioning System/sensory data, and has the potential to support naval, enforcement and zone-protection operations, mainly on inland waters.

26 Sep 2013

Vice Admiral (Ret.) Joe Kernan Joins Swiftships Advisory Board

Joe Kernan

Joe Kernan, Vice Admiral, U.S. Navy (Ret.) has recently been appointed to the Board of Advisors of Swiftships Shipbuilders, LLC, a leading supplier of military and commercial watercraft to clients across the globe. Vice Admiral Kernan (Ret.) served in various leadership positions in the Department of Defense, which included Commanding Officer, SEAL Team Two, Commander, Naval Special Warfare Command, Commander US Fourth Fleet, and Senior Military Assistant to former Defense Secretary Robert M. Gates.

23 May 2013

Budget Battles Bumping Backlogs?

Bollinger-built Margaret Norvell on builder’s trials off Grand Isle Louisiana.

Patrol And Combat Builders Fret About Budget Cuts But See Bright Spots. So far; so good. U.S. companies building patrol and combat craft aren’t happy about federal, state and city budget cuts but say they do see positive, demand-side factors. Much of their overseas business depends on the U.S. Foreign Military Sales program. The FMS, which transfers defense equipment and services to other nations, is retrenching now, however. Here at home, states and municipalities have fewer funds, grants and matching grants to pay for patrol vessels, builders say.

03 Apr 2013

U.S. Shipyards Competing – and Succeeding – Overseas

Foreign Demand For U.S. Military And Commercial Vessels Is Brisk; For Now. In the heavy shadow of possible sequestration-induced federal budget cuts, some U.S. companies are busy supplying vessels to overseas customers under the Navy’s Foreign Military Sales program and through private contracts to foreign government and firms. Demand for offshore oil vessels is strong. A big chunk of overseas business now is under the U.S. FMS, transferring defense equipment, services and training to other nations. Countries approved for the FMS pay for vessels themselves and/or with U.S. government help.