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Rhode Island Economic Development Corporation News

27 Apr 2012

Rhode Island: Open for Business

Rhode Island’s economic assets include a surprising number of prominent and lesser known maritime firms. A recent media tour hosted by the Rhode Island Economic Development Corporation (RIEDC) highlighted the Ocean State’s key role(s) in the nation’s maritime industry. As the state of Rhode Island – along with everyone else, so it seems – works to revitalize a struggling local economy, it has become increasingly apparent that the marine industry will play a prominent role in that revival. In March, the Ocean State’s marine trade industry opened their doors to national trade media, showcasing the important work being done here in the ocean state.

11 Jan 2002

SENESCO — The People’s Shipyard

In the fall of 1990, the Berlin Wall came down, thus unifying Germany into one nation — and marking the end of the Cold War. One year following the fall of the Iron Curtain, U.S. President George Bush and Soviet president Mikhail Gorbachev signed the START treaty, which stated that both nations would agree to dismantle all nuclear weapons. How do these events half way around the world effect U.S. builders of boats and barges? Significantly, as it turns out. It appears that the fall in nuclear submarine production has given rise to one of the country’s fast growing barge building companies. The middle to late 1980s was a watershed of sorts for the U.S. shipbuilding industry.

23 May 2005

Senesco Makes FTZ Application

The Department of Commerce issued a Notice stating that an application has been submitted by the Rhode Island Economic Development Corporation requesting authority on behalf of Southeastern New England Shipbuilding Corporation (Senesco) to construct and repair oceangoing vessels under foreign trade zone (FTZ) procedures. Comments on this application must be submitted by July 7. 70 Fed. Reg. 29477 (HK Law).

06 Sep 2007

Marine equipment makes waves at OTE

James Rall, of Hydroacustics Inc., of New York, explains uses for the Proteus ROV roaming ocean vehicle, used for exploration with cameras and lights. The ROV is controlled by a joystick. PROVIDENCE — Jason Cedro clicked on a computer mouse at the Rhode Island Convention Center yesterday and on the screen appeared a live, gull’s-eye view of Narragansett Bay, from a camera perched miles to the south at Beavertail State Park, in Jamestown. He clicked again to order the camera, by wireless connection, to pan the Bay, then focus more closely on a power boat motoring across the water beneath a blue sky. From the same screen, Cedro was also able to obtain a live view of the Bay’s activity from Prudence Island, another from the area around the Pell Bridge in Newport.

16 Jan 2006

Smiths Detection Enhances Rhode Island Port Security

Smiths Detection-LiveWave has been awarded a contract to engineer and deploy a prototype security solution for the Rhode Island Port Security Wireless Communications Network (RIPSWCN). As part of a one-year pilot program, the system will interconnect with land-based communications networks to allow government agencies and emergency personnel to share and distribute real-time data throughout Narragansett Bay. A collaborative project of the Rhode Island Emergency Management Agency (EMA), Rhode Island Economic Development Corporation (RIEDC), the Rhode Island Department of Environmental Management (DEM), the Rhode Island Department of Administration (DOA), the RIPSWCN partnership was created as a demonstration project funded by an $856,000 grant from the U.S.