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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


US Shipyards: Building for America, Jobs for Americans

In August 2015 General Dynamics NASSCO launched Perla del Caribe, the second ship in a series of natural gas powered containerships for TOTE (Photo: General Dynamics NASSCO)

The shipbuilding and ship repairing industry has always been a core strength of our nation. It has enabled the United States to protect and project its prosperity, power and influence internationally. A book in my office signed by shipbuilder William Webb illustrates the point. Mr. Webb inherited his father’s shipyard in 1840 and built over 130 of the fastest clipper sailing vessels; he later built the largest and most celebrated steamships of his era.   


Singapore Ranked World's Top Maritime Capital

Photo: Maritime and Port Authority of Singapore

 Singapore has once again emerged in top place in a ranking Menon’s Leading Maritime Capitals of the World Report (Menon Report) for 2017.   The study, by Norwegian consultancy firm Menon Economics, looked at 24 objective indicators and garnered survey responses from more than


Becker Marine Systems Eyes Growth in Asia

Photo courtesy of Becker Marine Systems

Becker Marine Systems says it is continuing its successful entry into Asian countries such as China, Japan and South Korea, despite an ongoing crisis in the shipbuilding industry. Now the Hamburg-based company is opening a branch office in Kobe, Japan


Updated Forecast: Floating Production System Orders

© ggw / Adobe Stock

World Energy Reports has released its midterm five year forecast of production floater orders. The forecast, detailed in the March 2017 WER report, reflects positive and negative developments in underlying business drivers since WER’s five year forecast last October.  


Op/Ed: Trump Signals New Day for Offshore Energy

© Lukasz Z / Adobe Stock

National Ocean Industries Association president Randall Luthi weighs in on President Trump’s Executive Order on offshore energy. It’s a new day and a new attitude for American energy. The National Ocean Industries Association (NOIA) applauds President Donald Trump’s Executive


Washington Maritime Economy Grows Stronger -Study

© Bill Perry / Adobe Stock

A new report from the Washington Maritime Federation shows strong health of industry, increased average salaries and tremendous opportunity to continue to grow maritime jobs.   The Washington State Maritime Sector Economic Impact Study 2017 Update


Denmark Aims to be Global Maritime Power Hub

Photo: Danish Maritime Authority

 The Danish Government receives recommendations from the Maritime Strategy Team on how to maintain the Danish stronghold as a maritime nation towards 2025.   The Maritime Strategy Team, headed by Chairman Jesper Lok, presents its recommendations to the Danish government


Economic Indicators Pointing Up -BIMCO

© Dmitry V. Petrenko / Adobe Stock photo

The recent months’ uptick in global indicators, which implies a strengthening in the global economy, is not sufficient for the patient to be discharged yet. The state of the global economy is still uncertain, despite stronger growth dynamics in advanced economies, and not least in China.


Op/Ed: CBP’S Lawful Jones Act Revocation

© currahee_shutter / Adobe Stock

In 2009, the U.S. offshore marine sector received a long over-due indication that the U.S. Customs and Border Patrol (CBP) was preparing to close loopholes and enforce U.S. law in accordance with the Jones Act. This happened when the agency unhesitatingly issued its first revocation of more than


Drivers of Logistics Industry

Keynote speaker Dr. Detleft Trefzger, CEO  Kuehne + Nagel International AG, and member of  member of the International Maritime Centre (IMC) 2030 Advisory Committee, speaking on the topic “Driving Forces of the Logistics Industry” at the 11th Singapore Maritime Lecture. Photo: Maritime and Port Authority of Singapore

 The end consumer who has ever-changing needs and will be the ultimate driver of all activities of the logistics industry, said Dr Detleft Trefzger, Chief Executive Officer of global freight forwarding and logistics giant Kuehne + Nagel International AG.  


Tanker Market Could See Difficult Q2, Q3

File Image (CREDIT: AdobeStock / Carabay)

New vessels expected to hit freight rates; new trade route from east U.S. to Asia to meet Chinese demand.   The tanker market may face a "difficult" second and third quarter this year after a robust first quarter as supply of newly built vessels loom


Infor, GenesisSolutions Form Alliance

Genesis Technology Solutions, Inc. (GenesisSolutions), the asset performance optimization subsidiary of ABS Group, has signed an Alliance agreement with Infor (US), Inc., a enterprise asset management (EAM) software provider and strategic technology partner for more than 90


AWO, ACC Renew Chemical Shipping Agreement

The American Waterways Operators (AWO) and The American Chemistry Council (ACC) have renewed for three years a Memorandum of Agreement to promote environmental, health, safety and security performance through ACC's Responsible Care and AWO's Responsible Carrier Program


ABS Facilitates Polar Code Operational Assessment

The assessment, which identifies operational risks and limitations, was performed with TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, on its cable-laying vessel, Responder. Image courtesy of TE SubCom, ABS

 ABS facilitated a Polar Code Operational Assessment, a milestone in the implementation of the IMO Polar Code.   The assessment, which identifies operational risks and limitations, was performed with TE SubCom, a TE Connectivity Ltd


CMA CGM Otello Largest Box Ship to Call Indonesia

CMA CGM Otello. Photo: CMA CGM

 CMA CGM Otello has arrived Indonesia as the largest container vessel to call the country at the Jakarta International Container Terminal.    The occasion also celebrated her impending maiden voyage for the industry’s first direct service from Indonesia to the United States


Baltic Exchange Chief Outlines Growth Plan

Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks. “The recent acquisition of the Baltic Exchange by the






 
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