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)…
Read more
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...
Read more
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...
Read more
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.
Read more
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…
Read more
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...
Read more
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…
Read more
WCI Presents 2025 Leadership Award to Congressman Comer
Congressman James Comer (R-KY), Chairman of the Oversight and Government Reform Committee, was presented with Waterways Council, Inc.’s (WCI) 22nd Annual Leadership Service Award on February 5, 2025, for his championship of the nation’s inland waterway...
Read more
“It’s not the death of U.S. Offshore Wind” says Intelatus
The offshore wind sector is bracing for transformative changes as it navigates shifting political landscapes and evolving market demands. To shed light on the current state of the industry, Maritime Reporter TV interviewed Phil Lewis, Director of Resea...
Read more
Caudwell Marine Expands
Caudwell Marine, a marine manufacturing business owned by John Caudwell, is poised for its official diesel outboard launch in 2025. In step, the company announced the move to a new dedicated manufacturing facility and corporate head quarters…
Read more