The section of the Potomac River affected by the Jan. 29 midair collision of an American Airlines regional jet and a U.S. Army Black Hawk helicopter near Washington’s Ronald Reagan Washington National Airport has now been fully restored, six…
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Houthis Ready to Escalate Attacks
Yemen's Iran-backed Houthis, who control most of western Yemen including the capital, are ready to mount attacks on Israel if it resumes its assault on Gaza and does not commit to the ceasefire deal, the group's leader Abdulmalik al-Houthi said on Tues...
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US Angers China by Sailing Destroyer Through Taiwan Strait
Two U.S. Navy ships sailed through the sensitive Taiwan Strait this week in the first such mission since President Donald Trump took office last month, drawing an angry reaction from China, which said the mission increased security risks.The U.S.
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Aiviq becomes USCGC Storis, to be based in Juneau
The Coast Guard gets its first new polar icebreaker in more than 25 years.The Coast Guard has accepted its first new polar icebreaker in more than 25 years, but it’s not really new. The 12,900-ton, 360-foot Anchor Handling Tug Support Ship (AHTS)…
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Navy Shipbuilding is in Focus, but Hegseth wants to Boost Overall Defense Spend
U.S. Defense Secretary Pete Hegseth said he wanted to increase overall U.S. defense spending and played down concerns over a pending audit by Elon Musk aimed at finding billions of dollars in waste at the Pentagon.Speaking in Germany during his first t...
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US Oil Output Projection Raised for 2025, says EIA
U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook. The EIA now forecasts U.S. crude oil production will average...
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Euroseas Secures Finances for Containership
First Citizens Bank's Maritime Finance business provided $26 million in financing to Euroseas Ltd., enabling the container shipping company to add a newly built 2,800 TEU ECOcontainership to its fleet.Euroseas (NASDAQ: ESEA) was formed in 2005.
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Cable Recovery Vessel ‘Maasvliet’ Delivered
Holland Shipyards Group announced the delivery of the Maasvliet, a specialized cable recovery vessel, to Hartel Shipping & Chartering, part of Hudig & Veder Group. Maasvliet, measuring 90.6 meters in length and 13.2 meters in width, is designed…
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Large Vessel Rates Drives Baltic Index Down
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates.The index .BADI, which factors in rates for capesize, panamax and supramax shipping vess...
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Trump, Musk to Turn Focus on DoD, Navy Shipbuilding
President Donald Trump said that Elon Musk will lead an audit of the Pentagon, aiming to uncover what he claims could be "hundreds of billions of dollars" in fraud and abuse.During a Super Bowl interview with Fox News' Bret Baier, Trump revealed…
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