Security Dynamics to Expand Consulting Services
In response to dangerous and escalating terrorist threats directed at both the private and public sectors, Security Dynamics LLC – a counterterrorism and risk management consultancy – is expanding in size and scope, according to Chairman and President Kim E. Petersen. The Florida-based firm's enhanced focus will include intermodal transportation, energy and petrochemical facilities, hotels and the hospitality industry, and schools and universities. Security Dynamics LLC, a strategic security and risk management advisory firm renowned for its team of counterterrorism and risk management experts, is increasing its global scope of operations in response to rapidly evolving terrorist and criminal threats, it was announced today by Kim E. Petersen, the firm’s Chairman and President.
Navios Maritime Closes $35M Offering
Owner and operator of container and dry bulk vessels Navios Maritime Partners L.P. has closed the previously announced offering of approximately 18.4 million common units at $1.90 per common unit, raising approximately $35.0 million of gross proceeds. Navios Partners will use the net proceeds of the offering for general working capital purposes, including vessel acquisitions. Following the closing, Navios Partners will have 167,589,764 common units and 3,420,203 general partner units outstanding.
New Senior Advisors at Security Dynamics
Security Dynamics LLC, a global security and risk management advisory firm, added three new Senior Advisors to its team of Subject Matter Experts. The news was announced by Kim E. Petersen, the firm’s Chairman and President. The new Senior Advisors will compliment Security Dynamics’ current team of experts bringing with them decades of career experience in intelligence, homeland security, infrastructure protection, intermodal transportation security and law enforcement training.
P&R Water Taxi Signs with MobileOps
MobileOps, Inc. has signed a deal with P&R Water Taxi, LLC, a vessel operator in the Hawaiian Islands. The MobileOps Platform is a cloud-based subscription solution that includes both a Web Application and an offline-capable iPad application called Voyager.
BSEE Responds to Oil Platform Fatality in the GOM
The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a platform worker in an area of the Gulf of Mexico known as West Cameron 215A, about 64 miles south of Lake Charles, Louisiana. The offshore oil and gas operator, Energy Resource Technology GOM, LLC, a subsidiary of Talos Production LLC, reported that the fatality occurred at approximately 10:30 am on Feb. 17, 2018. The deceased worker was involved in replacing firewater piping at the time of the incident. No other personnel were harmed. There was no pollution as a result of the incident.
Intelsat Proposes Public Offering of Common Shares
Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the "Series A preferred shares"). The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission. The company has granted the underwriters in the initial public offering of common shares a 30-day option to purchase up to an additional 3,260,869 common shares. The company has granted the underwriters in the public offering of Series A preferred shares a 30-day option to purchase up to an additional 450…
Carlyle, Riverstone to Invest $450M in Oil and Gas Firm
The Carlyle Group and a New York-based private equity firm have committed a $450m investment to Dynamic Offshore Resources LLC, a new oil and gas company that will focus on the acquisition and development of producing properties in the Gulf of Mexico, the Washington Business Journal reported. Joining D.C.-based Carlyle in the Dynamic Offshore Resources investment is Riverstone Holdings LLC, a private equity firm founded in 2000 that focuses on certain parts of the energy industry. Riverstone has committed more than $6 billion, to date, in more than 41 investments. The founders and management team at Dynamic Offshore Resources also plan to invest up to an additional $50m in the firm.
Interview: Terry MacRae - CEO, HMS Global Maritime
Terry MacRae founded Hornblower Yachts, LLC (doing business as Hornblower Cruises & Events) in 1980, and serves as Chief Executive Officer, the President and is also its owner. MacRae is the Co-founder of HMS Global Maritime and the American Queen Steamboat Company, and serves as Chief Executive Officer of Alcatraz Cruises, LLC, Statue Cruises, LLC, Hornblower Canada Co., Hornblower Cable Cars, Inc. and HNY Ferry, LLC (doing business as NYC Ferry). He leads one of the largest and fastest growing charter, dining cruise, and ferry operating companies in the nation.
GasLog Partners Announce Closing of its IPO
GasLog Partners LP, an international owner, operator and manager of LNG carriers, today announced the closing of its initial public offering of 9,660,000 common units representing limited partner interests (the “common units”), including 1,260,000 common units issued upon the exercise in full by the underwriters of their option to purchase additional units. The public offering price was $21.00 per common unit. The net proceeds from the offering, after deducting underwriting discounts and other offering expenses, were approximately $186 million.
Cyber-defense Capable TACLANE-10G Encryptor
General Dynamics Mission Systems' new TACLANE®-10G (KG-175X) in-line network encryptor is now certified by the National Security Agency (NSA) to secure information at the Top Secret level and below. The NSA certification authorizes U.S. government organizations to order the new 10G encryptor. "The NSA certification of TACLANE-10G is another step forward for General Dynamics Mission Systems' cyber defense capabilities. General Dynamics keeps our customers connected while ensuring their security and advancing their operations.
Intelsat Commences Proposed IPO
Intelsat S.A. (formerly known as Intelsat Global Holdings S.A.) announced the pricing of its initial public offering of 19,323,672 common shares at a price of $18.00 per share and concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the “Series A preferred shares”) at a price of $50.00 per share. On the mandatory conversion date, May 1, 2016, each Series A preferred share, unless previously converted, will automatically convert into common shares. The Series A preferred shares will have a 5.75% dividend rate and a liquidation preference of $50.00 per share. The Company has granted the underwriters in the initial public offering of common shares a 30-day option to purchase up to an additional 2,898,550 common shares.
NAO Exercises Option to Purchase Shares
Nordic American Offshore Ltd. additional 882,352 common shares. The sale of these common shares isexpected to close on June 26, 2014. After the exercise of the overallotment option, there are 23,431,370 shares in issue in NAO. The total capital inflow into NAO from the Initial Public Offering and the exercise of the overallotment is in total about $100m. The company intends to use the net proceeds of this offering for acquisitions and general corporate purposes, including working capital. Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and DNB Markets, Inc. are acting as joint book-running managers. In addition, Global Hunter Securities, LLC is acting as a co-manager for the initial public offering.
Terra-Marine Security Ops from Yemen
In late January of 2009, HP Terra-Marine International, LLC, sister company of HollowPoint Protective Services, LLC, successfully established a firm agreement and licensing from the Yemen government. As a result, HP Terra-Marine International, LLC, is now operating from several strategic Yemeni ports along the Gulf of Aden and Red Sea. These bases in Yemen allow the company to provide professional armed security personnel for onboard vessel security through the east-west route in the Gulf of Aden. HP Terra-Marine International, LLC, now provides transport by boat of security personnel to and from the client’s vessel offshore from the company’s ports of operation. (www.hollowpointprotection.com)
Euronav NV IPO in the US
Euronav NV announced today the upsizing and pricing of its initial public offering in the United States. The size of the offering has been increased from the initially announced 13,550,000 ordinary shares to 16,260,000 ordinary shares at an issue price per share of USD 12.25 for gross base proceeds of USD 199,185,000. The Company has granted the underwriters a 30-day option to purchase up to an additional 2,439,000 ordinary shares. The Company’s ordinary shares offered in the…
General Dynamics Fidelis Cybersecurity Solutions Tie-up with Microsoft
General Dynamics Fidelis Cybersecurity Solutions announced that it has joined the Microsoft Active Protections Program (MAPP). Under this industry partnership program, General Dynamics Fidelis will receive advanced information from Microsoft about their monthly security bulletins, allowing the team to anticipate emerging threats and provide faster and more comprehensive protection for Fidelis XPS customers. “In today’s fight against advanced cyber adversaries, it’s important that we arm our customers with the best defense possible, and collaboration across the entire cybersecurity community is a critical part of that defense,” said Peter George, president, General Dynamics Fidelis Cybersecurity Solutions.
Military to Maritime Digital Career Platform Launched
The American Maritime Partnership today announced the launch of the Military to Maritime digital career platform (www.militarytomaritime.org), which is dedicated to helping veterans find meaningful, family-wage jobs in the maritime industry while supporting America’s national and economic security. Building on the numerous Military to Maritime career fairs across the country, the enhanced digital platform connects veterans with career opportunities in the U.S. shipbuilding and…
Coast Guard Recommends Maine LNG Facility
The Coast Guard recommended to the Federal Energy Regulatory Commission that the waterways associated with the Calais LNG, LLC proposal to construct an LNG facility in Calais, Maine, are suitable for LNG vessel transits provided certain safety and security actions are taken as part of the permit. The Coast Guard's role in the process was to assess the safety and security issues associated with LNG tankers transiting the Passamaquoddy Bay and the St. Croix River. As part of the Coast Guard's contribution to the FERC review process, the Coast Guard Captain of the Port for Northern New England, along with key stakeholders, reviewed and validated the navigation safety and maritime security aspects of the Calais LNG, LLC proposal.
Secure Waters CEO Speaks on Anti-Piracy
Corey Ranslem, Chief Executive Officer of Secure Waters LLC, was invited to speak on the innovative approaches required to protect ships from the dangerous and growing trend of piracy in international waters. The international conference, Trends in Passenger Transportation Security: How Prepared are We for More Attacks?, will be held on Tuesday, Dec. 9 in San Francisco, Calif. “Security companies worldwide are rushing to the Gulf of Aden, off the coast of Somalia, to put armed teams on cargo vessels. This approach is very costly, may put ships’ crews and special operations personnel unnecessarily at risk, and does not always mitigate attacks,” commented Corey D. Ranslem, chief executive officer of Secure Waters LLC, a North Miami Beach-based maritime security company.
TransVoyant Combines & Renames Subsidiaries
“Last summer, we acquired several companies specializing in geospatial intelligence, logistics technology, and real-time risk decision-making,” stated Dennis Groseclose, President of TransVoyant. “TransVoyant combines the proven technology and global logistics knowledge of Portal Dynamics and the unique qualities of ObjectFX geospatial and decision-support technology. Founded by a team of government and commercial-industry veterans with deep technology experience and a track record of success in bringing new products to market, TransVoyant helps clients solve their most difficult challenges in global data intelligence environments through visionary and industry-leading solutions.
General Dynamics Awarded Navy IT Contract
General Dynamics Information Technology, a business unit of General Dynamics, was awarded a contract by the U.S. Naval Sea Systems Command to provide enterprise IT and cybersecurity services to the Naval Surface Warfare Center (NSWC) Crane Division. The single-award, task order contract has a potential value of approximately $81.3 million for five years. General Dynamics along with Purdue University and 10 Indiana-based companies will provide the NSWC Crane Division with enterprise IT service management, cybersecurity, systems engineering, data protection, cross domain security and information exchange and technical advisory services management. Work on this contract will be performed in Crane, Ind.
Invizeon Hires Kevin Walker to Lead Two Subsidiary Firms
Invizeon Corporation has appointed Kevin Walker as the Chief Operating Officer for two of its subsidiaries: Seafaring Security Services, LLC and Slipstream Resources, LLC. Mr. Walker was previously Vice President and General Manager of ACADEMI, a security, training, and logistics services provider to the U.S. Government, international and domestic military & law enforcement agencies, and numerous commercial customers. While at ACADEMI he successfully led the company’s flagship Training Services business unit. Prior to ACADEMI, Mr. Walker spent more than 15 years in the semiconductor and telecom industries driving operations, manufacturing, R&D, logistics and supply chain. Most notably with Ericsson of Stockholm, Sweden and Standard Microsystems Corporation (SMSC) on Long Island, New York.
SAR System Accepted by U.S. Coast Guard Buffalo
General Dynamics C4 Systems-built Rescue 21 search and rescue communications system formally accepted by USCG Sector Buffalo. The live-saving Rescue 21 system uses advanced direction-finding technologies and digital communications, enabling Coast Guard personnel to respond rapidly and efficiently to calls from distressed mariners out to at least 20 nautical miles from shore. It also enables greater effectiveness in responding to security and maritime environmental threats. Rescue…
Horizon Lines Participates in Anti-Piracy Testing
Horizon Lines, Inc., (NYSE:HRZ) , the nation's leading domestic ocean shipping and integrated logistics company, recently participated in two separate anti-piracy system trials in an effort to better protect the lives of merchant mariners. In late July, International Maritime Security Network, LLC (IMSN) conducted safety drills and anti-piracy testing aboard the Horizon Crusader, while the ship docked in Orange, Texas. IMSN completed a test of the 'Triton Shield APS' system of deterrence and training. Included in the system drill were deterrent measures for approaching vessels, physical deterrents for potential unlawful boarders, security and fortification for the crew, and mitigating risk of penetration of the safe area. Training and education of key stakeholders was also conducted.