The U.S. Department of Defense has amended the Defense Federal Acquisition Regulation Supplement (DFARS) to clarify that the statutory restriction on acquisition of vessel propellers from foreign sources applies only to DOD contracts that use fiscal year 2000 or 2001 funds.
Source: HK Law
Related News
16 Oct 2026
Uncertain IMO Rules Weigh on Shipping’s Demand for Cleaner Marine Fuels
Shippers' appetite for lower-carbon marine fuels weakened this year as the fate of a regulatory emissions framework from…
15 Oct 2026
Med Subsea Cable Project Applies to Resume Seabed Research
Greece said on Thursday the developer of an EU-backed undersea power cable scheme in the eastern Mediterranean has applied…
15 Oct 2026
4,700-Year-Old Shipwreck Discovered off Turkish Coast
Underwater archaeologists from Akdeniz University have recovered Early Bronze Age pottery off Kekova Island, offering new…
14 Oct 2026
NYK-Led Consortium Develops Floating Data Center Concept for Ports
A Japanese consortium led by shipping giant NYK Line has developed a new port-based floating data center concept designed…