US' Marine Economy Growth Outpacing the Nation's
America’s marine economy, including goods and services, contributed about $373 billion to the nation’s gross domestic product in 2018 and grew faster than the nation’s economy as a whole, according to the marine economy statistics released today by two Department of Commerce agencies.“These statistics are the first-of-its-kind estimate of the U.S. marine economy, a primary driver of jobs, innovation and economic growth,” said retired Navy Rear Admiral Tim Gallaudet, Ph.D., assistant secretary of commerce for oceans and atmosphere and deputy NOAA administrator.
US Gives $88 Mln Relief to Gulf Fishing Communities
U.S. Secretary of Commerce Wilbur Ross announced the allocation of $88 million in fishery disaster funding to Alabama, Louisiana and Mississippi, where a catastrophic regional fishery disaster occurred due to extreme freshwater flooding in 2019 associated with the unprecedented opening of the Bonnet Carre Spillway.“The Department of Commerce stands with our U.S. fishing communities, especially in times of hardship,” said Secretary of Commerce Wilbur Ross. “These funds will help industries and individuals recover from this disaster…
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.
MOSI Anti-Fouling Coatings for Barnacles and Zebra Mussels
Marine organisms such as barnacles and zebra mussels have been a long-standing nuisance to ship hulls, causing exterior damage, increased power and fuel consumption and environmental concerns. While anti-fouling coatings help to prevent biofouling, a new research study suggests that an innovative approach to marine coatings may solve the problem of barnacle and zebra mussel fouling, an approach stems from the MOSI (Marine Organism Sensory Interference) concept. MOSI uses a unique coating tech to interfere with the sensory ability of juvenile barnacles…
DNV GL, Washington State Partner for Sustainable Maritime Growth
Washington State partnered with DNV GL in late 2017 to develop the “Washington Maritime Blue” strategy for the sustainable development of the state’s $38 billion maritime industry. With that strategy now complete, the State unveils how it plans to achieve the vision of being home to a world-class, thriving, and sustainable maritime industry by 2050.At an event in Seattle, Washington State Governor Jay Inslee’s Maritime Innovation Advisory Council unveiled the results of their…
DSC Dredge CEO Wetta Delivers Ghana Fact-Finding Trip Report
As a member of the President’s Advisory Council – Doing Business in Africa (PAC-DBIA), Bob Wetta attended the September 26, 2018 Fact-Finding Trip Report meeting in Washington, D.C., with U.S. Secretary of Commerce Wilbur Ross and 13 other U.S. Government officials. Their purpose was to deliberate and adopt the final report of the 2016-2018 term of the PAC-DBIA. Prepared by IBM’s Takreem El-Tohamy, but unfortunately unable to attend the meeting, Bob Wetta presented the Ghana information…
Russia's NLMK Could Close U.S. Business Due to Tariffs
Russian steelmaker NLMK has told the U.S. Department of Commerce that it could be forced to shut down its U.S. business due to the impact of new U.S. tariffs."Without an exclusion for semi-finished steel slabs, the tariffs will have the perverse effect of killing U.S. steelmaking jobs and potentially putting our company out of business," NLMK USA's Chief Executive Robert Miller wrote in a letter to the U.S. Department of Commerce dated March 23, 2018.Reporting by Polina Ivanova and Anastasia Lyrchikova; Writing by Polina Ivanova
Washington State, DNV GL Partner on Maritime Sector Growth
DNV GL will support Washington State as it advances its strategy for the sustainable development of the state’s $38 billion maritime industry. In December 2017, Washington State Governor Jay Inslee’s Maritime Innovation Advisory Council launched an effort called “Washington Maritime Blue” to develop a comprehensive strategy for leading the nation in “blue” ocean industry technology and practices. Classification society and advisor to the maritime industry DNV GL said it has signed on to support the Washington State Department of Commerce to help achieve this vision.
Top Regulatory Concerns on the US Commercial Waterfront
A top 10 list of regulatory concerns is by no means all-inclusive, but it does bring to light the full weight of the regulatory hammer on the collective domestic commercial waterfront. “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us...” – Charles Dickens, A Tale of Two Cities, 1859.
HII Hires Davis to Lead Cyber Security Program
Ron A. Davis has joined Huntington Ingalls Industries (HII) as chief information systems officer (CISO). In this new role, he will lead the company’s cyber security program with responsibility for ensuring the early identification of threats and risks and the implementation of controls and other processes and methods to protect information systems for the entire HII enterprise. Davis will work in HII’s Washington, D.C., office and will report to Chris Kastner, executive vice president, business management, and chief financial officer. “Cyber security is a top priority for HII,” Kastner said.
Washington Maritime Economy Grows Stronger -Study
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, released at the April 2017 Propeller Club luncheon, updates the seminal 2013 study of the same name and provides a detailed analysis of the positive economic impact of the state’s maritime industry. “This study builds upon past efforts and clearly shows the maritime industry is a cornerstone of the State’s economy…
Harley Marine Christens Earl W Redd
Harley Marine Services christened its newest tractor tug Earl W Redd, officially welcoming her to the fleet on Friday, February 10. Built at Diversified Marine of Portland, Ore., the Earl W Redd features twin Cat 3516 Tier 4 Final main engines that will each produce 2,675 horsepower at 1,600 rpm. Each of the engines is paired with a selective catalytic reduction (SCR) after treatment system that uses a urea-based solution to reduce NOx contained in diesel exhaust down to nitrogen and water vapor.
A Time to Build & Refit
The aging Pacific Northwest fishing fleet is either undergoing or about to undergo a long-overdo upgrade, judging by a major economic report commissioned by the Port of Seattle. Fisheries managers, seafood suppliers, yards and the supply chain all hope an accompanying surge in ship finance “lifts all boats”. For now, the newbuild count is growing apace, slowed just a bit by owners opting for major retrofits amid rich fish harvests. This fisheries upsurge comes with some rising stars of ship design-and-build for vessels set to ply the Bering and Beaufort seas.
First Cuba to US Cargo Shipment Arrives
A shipment of artisanal charcoal made its way from Cuba to Port Everglades aboard Crowley’s container ship K Storm, marking the first truly commercial shipment from a Cuban cooperative to a private U.S. business since the U.S.-Cuba trade embargo was imposed more than 50 years ago. Crowley was the first U.S. carrier to obtain a license from the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury to provide regularly scheduled common carrier services for licensed cargo from the U.S. to Cuba. Crowley launched its Cuba service in December 2001, becoming the first U.S. carrier to reenter the country in nearly 40 years, and has maintained a regularly scheduled service ever since, currently operating from Port Everglades in Florida.
US Maritime Technology Export Initiative: Application Open
The Maritime Alliance (TMA) has partnered with the International Trade Administration, part of the U.S. Department of Commerce, to organize and partially fund an initiative to increase exports from small maritime technology companies (typically $2 million revenue and 20 people or below with limited trade show experience) from throughout the United States. With partial funding through the Market Development Cooperator Program (MDCP), this three-year export initiative will focus on markets primarily in Europe and Latin America, with a secondary focus in Asia. There will be separate applications for each year of the initiatives. Applications are due by December 23 at www.bluetechexports.org.
Virginia’s FTZ 20 Expansion Approved
Expansion of Virginia’s Foreign-Trade Zone (FTZ 20) into northeast North Carolina was approved by the US Department of Commerce and the decision provides another means of attracting cargo to The Port of Virginia, the port’s CEO says. “This is an incentive that can be used to attract business to the port and investment and jobs to locations within the FTZ,” said John F. Reinhart, CEO an executive director of the Virginia Port Authority (VPA). “The benefits of the FTZ can be significant and this decision opens the door in northeast North Carolina to those benefits.
Port of LA and GE Transportation to Digitize Shipping
The Port of Los Angeles and GE Transportation are partnering to digitize maritime shipping to help goods reach consumers faster. First-of-its-kind port information portal delivers fast, data-driven insights to enhance maritime supply chain performance and better serve ultra-large container vessels. With consumer spending on the rise, U.S. businesses need greater reliability and visibility from the supply chain to maintain their edge in an increasingly competitive marketplace. Given that 90 percent of global trade moves on the ocean, seaports are critical nodes of the supply chain.
Holcomb to Speak at Indiana Logistics Summit
Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a.m. in the Sagamore Ballroom on Thursday, Nov. 17. Hosted by Ports of Indiana, Purdue University and Conexus Indiana, the Summit brings together over 350 executives from the logistics and advanced manufacturing sector to discuss critical issues facing all modes of transportation…
DSC Dredge Meets with Louisiana Senator
On September 01, 2016, Bob Wetta, President and CEO of DSC Dredge, LLC, along with the other Louisiana E-Award winners, held a meeting in Louisiana Senator Bill Cassidy’s office. The purpose of the meeting was to recognize the winners for their accomplishments that led to receiving this award. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports. In 1961, President Kennedy signed…
Half of Hanjin Boxships Denied Port Access
Of 98 container ships, 44 blocked from ports. U.S. firms take legal action over unpaid bills. Roughly half of Hanjin Shipping Co Ltd's container vessels have been blocked from ports since the South Korean firm's collapse, putting manufacturers and their customers increasingly on edge about the fate of cargo and spikes in freight costs. Woes for world's seventh-largest container shipper have only deepened since its banks withdrew support and it filed for court receivership this week. One vessel has also been seized by a creditor in Singapore while firms in the U.S.
DSC Dredge Receives President’s E-Star Award
DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports. In a ceremony held on May 16, 2016, at the U.S. Department of Commerce’s headquarters in Washington, D.C., Department of Commerce Secretary Penny Pritzker said, “These companies demonstrate the opportunity inherent in selling Made-in-America products to the broad customer base that exists outside our borders. During her remarks, Secretary Pritzker singled out several companies, including DSC.
Global Markets Ripe for US Marine Technologies
The growing worldwide demand for marine technologies, port construction and shipbuilding is generating new export opportunities for U.S. companies. As more firms look to boost their bottom line by maximizing their reach to the more than 95 percent of world consumers who live outside of the United States, many are taking advantage of numerous export resources along the way. At the same time, many other businesses have yet to export. International Trade Specialist Maryanne Burke leads the U.S. Commercial Service’s Marine Technology Team, and is based at the Boston U.S.