ATEL MARITIME INVESTORS, L.P.

The President says he wants to make American great again, so why is he trying to destroy the principal support system for America’s maritime industry? This week, we learned that President Trump is “seriously considering” issuing a broad waiver for the Jones Act, a critical law that requires domestic shipping in the U.S. to occur on ships that are built in the United States, fly the U.S. flag, and are operated by crews consisting of at least 75 percent American citizens.I served as the top Democrat on the House Subcommittee of Coast Guard and Maritime Transportation for six years. Through that experience I gained a firsthand understanding of how vital the Jones Act is for our nation.

Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis - about 500 miles from the company's two Minnesota distribution hubs.The barges can't move - or get crucial nutrients to corn farmers for the spring planting season - because river locks on the main U.S. artery for grain and fertilizer have been shuttered for weeks. High water presents a hazard for boats, barges and lock equipment.Railroads have also been plagued by delays from winter weather and flooding in the western Midwest, further disrupting agricultural supply chains in the nation's bread basket.The transportation woes are the latest headache for a U.S.

Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response.  Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different.  Yes, they all share similar challenges of acquisition, maintenance, manpower, basing, communications, information systems and the usual requirements of a military service, compounded by harsh maritime environment.

VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard's lead Polar Security Cutter. If two additional ship options are exercised, the total deal could approach $2B.The U.S. Coast Guard and U.S. Navy, through an Integrated Program Office (IPO), awarded VT Halter Marine Inc., of Pascagoula, Mississippi, a fixed price incentive (firm) contract for the Detail Design and Construction (DD&C) of the Coast Guard’s lead Polar Security Cutter (PSC).  The initial award is valued at $745.

Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response.  Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different.  Yes, they all share similar challenges of acquisition, maintenance, manpower, basing, communications, information systems and the usual requirements of a military service, compounded by harsh maritime environment.