by Timothy Gardner (Reuters) – Two Democratic lawmakers urged the U.S. Energy Department to move faster with a research program on converting nuclear reactors in the Navy’s submarines and carriers from bomb-grade uranium to a safer fuel, a letter viewed by Reuters showed. Last year, Congress approved $5 million in defense policy and spending bills […]
Breaking News
U.S. Official: USS Fitzgerald Crew Likely at Fault in Collision with Containership
WASHINGTON, July 21 (Reuters) – The crew of the USS Fitzgerald was likely at fault in the warship’s collision with a Philippine cargo ship in June and had not been paying attention to their surroundings, according to initial findings in an investigation, a U.S. defense official told Reuters on Friday. Multiple U.S. and Japanese investigations […]
Philly Shipyard Signs LOI to Build Up to Four New Containerships for Hawaii Trade
Jones Act shipbuilder Philly Shipyard announced Friday that it has entered into a Letter of Intent (LOI) with a leading, blue chip Jones Act operating company for the construction and sale of up to four containerships with planned deliveries in 2020 and 2021. The identity of the operating company has yet not been disclosed, but […]
Baltic Dry Index, Up for Nine Straight Sessions, Hits Two-Month High
July 21 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday for the ninth straight session, on higher rates for capesize and smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 13 points, or […]
U.S. Navy to Commission USS Gerald R. Ford, Its First New Aircraft Carrier Design in 40 Years
The U.S. Navy is getting ready to commission its newest and most advanced aircraft carrier, the future USS Gerald R. Ford (CVN 78), during a ceremony this Saturday at Naval Station Norfolk in Virginia. USS Gerald R. Ford (CVN 78) is the lead ship of the new Gerald R. Ford class, the Navy’s first new […]
Tanker with Disputed Kurdish Oil Reappears Off Malta
LONDON, July 21 (Reuters) – The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday. The tanker had been heading to eastern Canada to discharge the cargo at […]
Greenpeace Activists Protest Near Statoil Drilling Rig in Barents Sea
By Gwladys Fouche OSLO, July 21 (Reuters) – Environmental activists protested on Friday near an offshore rig contracted by Statoil in the remote Norwegian Arctic, where the firm is looking for oil and gas deposits. The Nordic country wants to open up northern areas for exploration to offset declining production in the south. Oil and […]
