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U.S. Okays Lockheed Aegis Combat System Sale to Japan

The Aegis Ballistic Missile Defense (BMD) system is the primary sea-based component of the U.S. missile defense system Photo - Lockheed Martin

  The U.S. State Department has approved the likely sale to Japan of two Lockheed Martin Corp Aegis combat systems valued at $1.5 billion, a deal aimed at boosting Japan's defenses against a ballistic missile attack, the U.S. Defense Department said Friday. The Defense Security Cooperation Agency (DSCA), which oversees foreign arms sales, said the Aegis combat systems and associated equipment would be installed on two new Japanese guided missile destroyers, or DDGs, expanding Japan's ability to carry out joint military missions with the U.S. Navy. "The addition of two new Aegis DDGs to Japan's fleet will afford more flexibility and capability to counter regional threats and continue to enhance stability in the region," DSCA said in a notification to U.S. lawmakers that was dated Aug. 4, and released today. The proposed sale, which is likely to be approved by Congress, will complete Japan's goal of acquiring eight ships capable of ballistic missile defense, DSCA said. The agency said the proposed sale underscored Washington's commitment to help Japan develop and maintain a strong and ready self-defense capability. Lockheed would be the primary contractor for the Aegis weapons system, which integrate radars, computers, software, displays, weapons launchers and weapons to defend against a range of surface, aerial and underwater threats.


Shuster Receives Champion of Maritime Award

Rep. Bill Shuster is presented with the Champion of Maritime Award from the American Maritime Partnership.   L to R: Ben Billings, President, Offshore Marine Service Association; Stephen Martinko, Executive Director at Port of Pittsburgh Commission; Dave Grzebinski, President and CEO, Kirby Corporation; Thomas Allegretti, AMP Chairman and President and CEO American Waterways Operators; Rep. Bill Shuster; Barry Holliday, Executive Director for the Dredging Contractors of America; Matthew Paxton,

Congressman honored for support of domestic maritime industry.   Rep. Bill Shuster (R-Pa.) this week received the 2014 Champion of Maritime Award from the American Maritime Partnership (AMP), the voice of the domestic maritime industry. The organization provides the prestigious award to recognize an individual who has displayed extraordinary dedication to and consistent support for the American maritime industry.  


ECO to Add 40-Plus Vessels, Expand Port Facilities

The Edison Chouest Offshore (ECO) global family of companies announced plans to enlarge its fleet and expand its terminal facilities in support of its customer base. New Vessels The Chouest newbuild order book contains more than 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, La.), LaShip (Houma, La.), Gulf Ship (Gulfport, Miss.) and Tampa Ship (Tampa, Fla.), as well as its Brazilian shipyard, Navship.


Edison Chouest Offshore Ordering New Vessels, Expanding Terminals

Company AHTS: Photo courtesy of ECO

The Edison Chouest Offshore (ECO) global family of companies, plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains over 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, LA), LaShip (Houma, LA), Gulf Ship (Gulfport, MS) and Tampa Ship (Tampa, FL), as well as its Brazilian shipyard, Navship. NEW 312’ PSV CLASS


U.S. Port Congestion Adds to Cotton Traders' Woes

File Photo: A containership at the dock in the Port of Oakland, CA.

U.S. merchants face delays of as much as a week to ship cotton from major West Coast ports, threatening exports to China, the world's largest textile market, ahead of a key Chinese deadline at month's end for imports to arrive. Congestion has plagued West Coast ports for months, including Los Angeles and Long Beach, which are the two busiest container ports in the United States and together make up the top hub for U.S. cotton exports.


AMP Demands Retraction of Jones Act Report

Tom Allegretti, Chairman of AMP

The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today released a statement in response to the sheer number of factual errors in the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) – Jones Act: Protectionism v. Global Trade. “The publication is littered with fabrications intended to mislead policymakers and we demand a retraction of the report," said Tom Allegretti, Chairman of AMP


U.S. Economy Gained $42 Billion from Cruise Industry in 2012, Study Finds

Photo: Carnival

The North American cruise industry continued to be a substantial contributor to the U.S. economy in 2012 according to an independent study commissioned by Cruise Lines International Association (CLIA). The study shows that CLIA’s 26 North American member lines and their passengers and crew contributed over $42 billion in total U.S. economic impact, a 4.6 percent increase from 2011. In addition, the cruise industry generated 356,311 jobs, paying a record $17


US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG). Maria, who is president/broker at SYIG, said, “The biggest challenge presently is Obamacare. Interestingly enough, it’s actually affecting the international marine industry


EPA’s SmartWay Initiative Makes Way on the Water

Photo: Donald Hutton

Exhaustive studies by The National Waterways Foundation (NWF), a center for research and learning where industry leaders address public policy issues related to America’s inland waterways system, conclude that inland waterways transport generates fewer emissions of particulate matter, hydrocarbons, carbon monoxide and nitrous oxide than rail or truck on a per ton mile moved basis. But, it’s one thing to claim that metric


Shipbuilders Council Names McCreary Chairman

From left to right: SCA President Matthew Paxton with Rep. Hunter and newly-elected Chairman, Richard McCreary (Photo: SCA)

 Shipbuilders Council of America  names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter    At its annual spring meeting in Washington, D.C. this week, the Shipbuilders Council of America (SCA), the national trade association representing the U.S. shipyard industry, named Richard McCreary of BAE Systems as the new chairman of the association.   Additionally, SCA honored Sen. Thad Cochran (R-Miss.) and Rep. Duncan Hunter (R-Calif


Op/Ed: The Real Story Behind the Attack on SMFF Regulations

Todd Schauer (Photo: ASA)

ASA Sets the Record Straight.   The U.S. salvage industry came under attack at a recent Congressional hearing on May 3 by a special commercial interest that is promoting its own agenda. The American Salvage Association (ASA) intends to set the record straight


US-built Liquefied Gas Barge Delivered

Photo: Vigor

Harvest, an ABS-classed articulated tug barge (ATB) purpose-built to transport liquefied anhydrous ammonia, has been delivered to a subsidiary of Savage Companies by U.S. shipbuilder Vigor.    Harvest is the first complex liquefied ammonia transport barge built in the U.S. since 1982.


Shanghai to Spend $740 million on Cruise Ship Park

A Shanghai district government plans to spend about 5 billion yuan ($739.97 million) to develop a cruise ship industrial park to house foreign firms that it hopes will help build China's first luxury passenger vessels, a local official said.  


U.S. Sanctions Vens as Pressure Builds on Maduro

The Trump administration imposed sanctions on 13 senior Venezuelan officials as the country's opposition launched a two-day strike on Wednesday, heaping pressure on unpopular President Nicolas Maduro to scrap plans for a controversial new congress.  


NASSCO Christens Yard Tug Blue Fin

(Photo: General Dynamics NASSCO)

U.S. shipbuilder General Dynamics NASSCO has taken delivery of a new tug, Blue Fin, to support its waterfront activities. The new tug, built by Marine Group Boat Works in National City, Calif., was christened July 8 at a ceremony at NASSCO’s shipyard in Barrio Logan in San Diego


Tidewater Reorganization Gets Court's Okay

Tidewater Logo by Tidewater Inc

 Tidewater, one of the world's largest offshore vessel owners, said that a court in Delaware approved the company's plans for a restructuring has, which would eliminate $1.6B in debt.  The US-based owner of one of the world’s largest fleets of OSVs will be able to recapitalise and


S. Korea's Top Three Shipyards Look Bullish

File photo: Hyundai Heavy Industries

 With a slew of contracts to be signed soon  South Korean shipyards are expected to clinch a decent number of new orders during the second half of the year, Yonhap reported quoting  industry sources.  Hyundai Heavy Industries (HHI) and its affiliates have secured a series of


The Strong and Silent Type

Derecktor Shipyard General Manager Micah Tucker and Project Manager Joe Goodspeed shaping the Keel for the first Harbor Harvest Hybrid.

Mapping and shaping the growth of marine hybrid means many things to different stakeholders. The journey leads us all to the same place.   If you follow the advancements in automotive design, the term or tag “hybrid” has come to define the alternative energy movement on our


Yang Ming to Float 500 mln Shares

Photo: Yang Ming Marine Transport

 The Taiwanese ocean carrier Yang Ming Marine Transport will make a public offering of 500 million shares as part of the company's ongoing recapitalization plan, the Taiwanese ocean carrier said in a statement .  It will offer the shares to existing shareholders


More Port Data Added to NaviPlanner

Nautisk’s NaviPlanner, a voyage planning solution which utilizes touch-screen functionality and cloud technology based on the Microsoft Azure platform, is set to be enhanced with the inclusion of more comprehensive port data following a new partnership with Shipping Guides Ltd.  


PetroChina Unloads First US SPR Cargo

File Image (CREDIT: AdobeStock / (c) Carabay)

PetroChina is this week unloading the first Chinese purchase of crude oil from U.S. strategic petroleum reserves at a port in eastern China, according to shipping data and two industry sources.   The move comes as China, the world's No


Fincantieri, Mapei Enter R&D Partnership

Shipbuilder Fincantieri said it has partnered with Mapei, a producer of adhesives and chemical products for the construction sector with a business line of shipbuilding industry products, in the field of research and innovation.   According to Fincantieri


US Navy to Commission Gerald R. Ford

Photo: United States Navy

 The Navy will commission its newest aircraft carrier, the future USS Gerald R. Ford (CVN 78), during a 10 a.m. EDT ceremony Saturday, July 22, at Naval Station Norfolk.    USS Gerald R. Ford (CVN 78) is the lead ship of the new Gerald R


Study Examines Economic Impact of US Waterways

© Tak Inaba / Adobe Stock

A study unveiled today documents the contribution of the American tugboat, towboat and barge industry to the U.S. economy.   The study, developed through a cooperative agreement between the American Waterways Operators (AWO) and the Maritime Administration (MARAD) and conducted by


Crowley Names Vargas VP, Business Development

Daniel Vargas (Photo: Crowley)

Crowley names Daniel Vargas new Vice President of International Business Development, prtnering with Jeffrey de la Combe to enhance Caribbean services   Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business






 
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