Panama Accredits Maritime Security Firm
The Panama Maritime Authority has accredited ESC Global Security personnel to offer protection aboard Panamanian-registered vessels, in what is thought to mark the first Private Maritime Security Companies (PMSC) licence issued under the new Panama Administration. During December 2014, a new set of rules including a new licence fee for PMSCs was introduced whereby failure to comply would result in the revocation or suspension of a security company’s operating licence. The new…
ARES Security Acquires The Mariner Group
ARES Security Corporation and The Mariner Group announced that ARES Security has acquired a majority ownership interest in The Mariner Group, LLC. This acquisition builds on Mariner’s expansion while strengthening ARES Security’s position to serve the global security market by providing comprehensive end-to-end physical and logical security solutions. ARES Security will incorporate Mariner’s CommandBridge platform into their suite of risk management solutions to provide sensor integration and real time command and control capabilities. Now, ARES Security will offer their AVERT and BluTrain products, to identify and quantify threats for…
Marshall Islands Adopts New Standards for PMSCs
The Marshall Islands, the world’s third largest registry with a fleet of more than 3,640 ships, is the first flag to implement the new rules following revised interim recommendations published in June’s Maritime Safety Committee circular MSC.1/Circ.1406/Rev. At its 95th session, the MSC stated that flag states should ensure that PMSCs onboard ships hold a valid ISO 28007-1:2015 certification. ESC Global Security, an Estonia-based maritime security provider, has been audited according to the new standard. The main difference between the new standard and the existing ISO PAS 28007:2012 version is that it includes a clause to ensure PMSCs have measures and procedures in place that are compliant with international law on human rights.
CIGI's New Man to Lead Arctic Governance Project
The Centre for International Governance Innovation (CIGI) appoints John Higginbotham as senior fellow. At CIGI, an independent, non-partisan think tank on international governance, Mr. Higginbotham will play a key role in leading CIGI’s global security project on Arctic governance. Mr. Higginbotham is also a senior distinguished fellow at Carleton University, where has he been working on the Arctic, China and the United States as well as a transportation studies initiative drawing on the strengths of Carleton’s Faculties of Business, Public Administration and Engineering.
Ocean Rig to Float Common Stock
Ocean Rig UDW Inc has launched an offering of its common stock, par value $0.01 per share. As part of this offering, George Economou, our Chairman, President and Chief Executive Officer, has indicated his intention to purchase, at the public offering price, a number of common shares that maintains his direct ownership in Ocean Rig, representing approximately five percent of its common stock. The NASDAQ-traded currently has 132.32m shares of common stock outstanding, which are currently trading at $8.09 per share.
RCL Hires Former FBI Official
Royal Caribbean Cruises has hired a former top FBI official. Gary M. Bald, who last week stepped down as executive assistant director of the FBI's National Security Branch, will carry the title of vice president for global security at Royal Caribbean, a new position. Bald will report to Chairman and CEO Richard D. Fain. Bald spent nearly 29 years at the FBI, most recently as chief of its worldwide counterterrorism, counterintelligence and intelligence programs, supervising 19,000 employees. He held the FBI's No. 3 post as a leader of the National Security Branch. Source: Miami Herald
Terrorists Will Exploit EU Migrant Crisis, ESC Warns
ESC Global Security has called for the Mediterranean to be classed a maritime High Risk Area in the wake of the terrorist atrocities in Tunisia and Europe’s escalating migration crisis. “There is a reasonable doubt that some refugees from these areas will be a threat to European security. Terrorists and fundamentalists will take advantage of the crisis if they haven’t already,” said Jaanus Rahumägi, president and CEO of ESC Global Security. “With thousands crossing the Mediterranean from Africa and the Middle East each month…
DHS Launches $1.2b Nuke Port Security Plan
UPI has reported that the U.S. Department of Homeland Security has launched a $1.2b plan to deploy more advanced radiological screening devices at U.S. ports. By 2011, the DHS expects to have 1,400 of the next-generation screeners deployed at both ports and border crossings. The new detectors will range in cost from $350,000 to about $500,000 each, compared to the $180,000 for those currently employed. Officials, however, expect that the more-expensive systems will reduce the number of containers flagged for more-complete inspections each year from 821,000 to 15,000, the report said. The DHS also announced a plan to deploy the new devices in and around U.S. cities, and Oxford said work on a $3 million pilot deployment program has begun in New York City, GSN said.
North Korea Fires Anti-Ship Missiles
North Korea has test-fired newly deployed anti-ship rockets - three short-range KN-01 type missiles - with a reported range of 120km just weeks after the country claimed it tested a submarine-launched ballistic missile, , the North's media said. North Korean leader Kim Jong-un has watched a test-firing drill of a new type of anti-ship rocket, which is being deployed at the military's naval units. Kim watched the drill of the "ultra-modern" rockets that flew at the designated altitude while accurately detecting and hitting the "enemy" warship…
CIGI Urges Canada to Increase Arctic Ops, Spur High North Economy
To prepare Canada’s northern communities for the “New Arctic,” the federal government needs to devote greater policy attention and resources to strategic Arctic maritime areas such as Nunavut, says a new policy brief issued by The Center for International Governance Innovation (CIGI). In Nunavut and the New Arctic, CIGI Senior Fellow John Higginbotham highlights the need for basic maritime transport infrastructure in Nunavut, which is the Canadian region with potentially the most…
Phantom Offers Security for Yachts
Maritime security firm Phantom Services now offers global Security Concierge Services, providing 24/7 monitoring, tracking and recovery of vessels exclusively for customers with onboard marine security, monitoring and tracking systems from leading supplier GOST (Global Ocean Security Technologies). Phantom Services is a yacht security, recovery and antipiracy training firm headed by maritime security expert Tony Sparks. “GOST supplies the most comprehensive and reliable tracking systems on the market.
New PACFLT Commander Addresses Goals for Pacific AOR
Commander Pacific Fleet Adm. Robert Willard discussed the Navy’s evolving maritime strategy and the shift of emphasis from the Atlantic to the Pacific Fleet during a breakfast meeting in San Diego on June 21. During the morning address to local military and civilian leaders, Willard discussed the changing approach of the U.S. Navy in regard to its maritime strategy. The strategy is one that strikes a balance between what he called “high-end warfare” and “low-end warfare” that is playing out in the Pacific area of responsibility that includes Iraq, Afghanistan and the southern Philippines. He characterized “high end” by acknowledging the deterrent and dissuasion effect the Navy has with its forward forces in the Pacific…
NG Moves Corporate Office to D.C. Region
Northrop Grumman Corporation (NYSE: NOC) announced a decision to move its corporate office from Los Angeles to the Washington D.C. region by 2011. The company is engaged in a search to identify a specific location within the Washington, D.C. region, including the District, Maryland and Virginia. It plans to complete the search by spring 2010 and open the new corporate office by summer 2011. "As a global security company with a large customer base in the Washington, D.C. region, this move will enable us to better serve our nation and customers," said Wes Bush, chief executive officer and president. The new corporate office will include approximately 300 people.
Top Chinese Military Commander Visits America
Chief of the General Staff, People's Republic of China, Gen. Fang Fenghui is on a scheduled two-day visit to San Diego hosted by Commander, U.S. 3rd Fleet (C3F) Vice Adm. Kenneth Floyd. His visit is part of a week-long engagement hosted by Chairman, Joint Chiefs of Staff, U.S. Army Gen. Martin Dempsey. During his visit to San Diego, Fang met with Adm. Samuel J. Locklear, commander, U.S. Pacific Command and received tours of the aircraft carrier USS Ronald Reagan (CVN 76), the littoral combat ship USS Coronado (LCS 4) and the U.S. Marine Corps Recruit Depot.
Protection of Maritime IT Systems
Norman ASA, a global security provider, announce an OEM agreement to supply the Norman SCADA Protection (NSP) system to Kongsberg Maritime of Norway who will use the NSP security solution in its information technology maritime systems. Kongsberg Maritime is a global supplier of maritime systems for dynamic positioning and navigation, marine automation, cargo management and level sensors, maritime training simulators and position reference systems. With recent Stuxnet malware attacks on industrial software and systems, manufacturers, utilities and industries are seeking sophisticated security solutions to protect SCADA systems used for monitoring and control of industrial infrastructure.
Will Watson joins AdvanFort as President
Maritime professional will lead the next generation of global security solutions. The AdvanFort Company today announced that maritime professional William Hughes (Will) Watson has joined the company as president. Will comes to AdvanFort from the Office of the Maritime Administrator of the Republic of the Marshall Islands (RMI) where he has been Deputy Commissioner of Maritime Affairs and Special Agent since 2009. Additionally, Will served as delegate of the RMI to the United Nations…
Ocean Rig UDW Announces Closing
DryShips Inc. a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc. of offshore deepwater drilling services, announced today that Ocean Rig closed the previously announced offering of 28,571,428 shares of its common stock par value $0.01 per share, at a price of $7.00 per share. As part of the offering, George Economou, Ocean Rig’s Chairman, President and Chief Executive Officer, purchased $10 million…
PGI Risk Portal Free to Shipping Industry
Global security specialist Protection Group International (PGI) will provide its specialist risk analysis service – PGI Risk Portal – free to the international maritime industry, the company announced this week during London International Shipping Week (LISW15). According to the developer, the Risk Portal provides maritime companies with daily intelligence information, country risk assessments and analytical insights to keep them informed of any pirate activity, security issues or political risks that could negatively impact their business and operations or threaten their crew’s safety. Tom Bacon, Head of Risk Analysis for PGI, said…
Security & Risk Consultants CHQ Advise London Gateway
Marine terminal operator DP World engaged CHQ Security Services to act as security and risk assessment consultants for the operation of the UK's major deep-sea container port – London Gateway. CHQ Security Services are acting as security and risk assessment consultants to the project in order to assist DP World in meeting and exceeding the requirements of the International Ship and Port Facility Security Code (ISPS), the maritime sector’s response to 9/11. The consultancy’s remit…
Container Tracking System Installation Up 54 Percent in 2012
According to a new research report from the analyst firm Berg Insight, the number of active remote container tracking units deployed on intermodal shipping containers was 137,000 in Q4-2012, up from 89,000 a year earlier. Growing at a compound annual growth rate (CAGR) of 49.1%, this number is expected to reach 1 million by 2017. The penetration rate of remote tracking systems in the total population of containers is estimated to increase from 0.7% in 2012 to 4.1% in 2017. Berg Insight’s definition of a real-time container tracking solution is a system that incorporates data logging, satellite positioning and data communication to a back-office application. The market for container tracking solutions is still in its early stage.
EU Adopts New Arctic Policy
The High Representative for Foreign Affairs and Security Policy and the European Commission have adopted a policy proposal that will guide the actions of the European Union in the Arctic region. The European Union will step up its existing action and engagement in the region with 39 actions focusing on climate change, environmental protection, sustainable development and international cooperation. The particular importance of research, science and innovation is reflected across these priority areas. The Joint Communication takes into account existing EU legislation, including the commitment to reduce greenhouse gas emissions, as well as ongoing and forthcoming EU activities and projects. It also builds on and complements the Arctic policies of the EU Member States.
Bourbon, Bureau Veritas Partner on Digitalization
Under a new strategic partnership agreement, French offshore services firm Bourbon and testing, inspection and certification services provider Bureau Veritas will develop and deploy new digital technologies, including solutions for automation, real time fleet monitoring and mitigating cyber risks. For dynamic positioning systems in particular, the partnership will aim to deliver advanced automation of to enable real-time advisory tools for bridge operators and remote support for onshore teams…
Ocean Rig's $120m Loan Agreement with DryShips
Ocean Rig UDW Inc. On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by a special committee of Ocean Rig’s Board of Directors which received a fairness opinion from Global Hunter Securities, a division of Seaport Global Securities LLC, and the loan agreement was executed by both companies. This loan is for a period of 18 months, is unsecured and bears interest at LIBOR plus an average of approximately 10% for the first year and 12% for the following six months.