Op | Ed: Stop Studying and Build Ships
Maybe it is a human trait, or maybe a Washington, D.C. trait, but when confronted with a difficult problem with unpalatable solutions, there is usually an impulse to delay the moment of difficult decision by ordering a study. The U.S. merchant marine industry is the poster child for this behavior. The industry has been studied and studied, and is currently being studied, but studies don’t build ships -- shipyards build ships.Going back to the Lynch Committee in 1870, the U.S. government has regularly produced studies on how to revive the U.S. merchant marine.
Trump declares that India will purchase oil from Venezuela and not Iran
U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world's third-biggest oil importer buys. "We've already made that deal, the concept of the deal," Trump told reporters aboard Air Force One as he traveled to his vacation home in Florida from Washington.Reuters reported on Friday that the United States has told Delhi it could soon resume purchases of Venezuelan oil to help replace imports of Russian oil…
Coastal Virginia Offshore Project Costs Increases to $11.5b
Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U.S. government in December as well costs associated with tariffs.Earlier this month, a federal judge allowed Dominion to resume work at the Virginia offshore wind project, after it was initially suspended by the Trump administration over what it called national security concerns.The project was originally slated to be completed by the end of 2026…
Pole Star Defense Tapped for Mission-Critical Maritime Intelligence by Multiple U.S. Federal Agencies
Pole Star Defense closed Q4 2025 with two federal wins: a $36 million, three-year renewal with the U.S. Coast Guard and a new five-year contract with the U.S. Army Corps of Engineers. Together, the awards extend the company’s role as a provider of maritime domain awareness to U.S. government customers. The Coast Guard renewal builds on a partnership first established in 2020 with a $50 million award. Under the extended agreement, Pole Star Defense continues to deliver vessel tracking, system modernization, and cloud-based analytics that support Coast Guard operations nationwide.
Captain of Seized Tanker Now Aboard US Vessel
The captain of a Venezuela-linked crude oil tanker seized by the U.S. this month has been taken from British territorial waters and is now aboard a U.S. Coast Guard vessel, a lawyer for the captain's wife said on Tuesday.The U.S. Coast Guard and U.S. military special forces, bearing a judicial seizure warrant, apprehended the Russian-flagged Marinera in the Atlantic near Iceland on January 7 after pursuing it for more than two weeks as part of Washington's efforts to block Venezuelan oil exports.After its capture…
Trump Administration Sued Over Two Deaths in Venezuelan Boat Strike
Family members of two men killed in a U.S. missile strike against a suspected drug boat near Venezuela filed a wrongful death lawsuit on Tuesday, alleging the pair were murdered in a "manifestly unlawful" military campaign targeting civilian vessels.Civil rights lawyers filed the lawsuit in Boston's federal court, marking the first court challenge to one of the 36 U.S. missile strikes on vessels in the Caribbean Sea and Pacific Ocean authorized by President Donald Trump's administration…
Venezuelan Oil Exports Progress Slowly Under US Supply Deal
Venezuelan oil exports under a flagship $2 billion supply deal with the U.S. reached about 7.8 million barrels on Wednesday, vessel-tracking data and documents from state-run PDVSA showed, with shipments accelerating after the U.S. eased its blockade but not enough for PDVSA to fully reverse output cuts.Following the U.S. capture of President Nicolas Maduro in early January, Caracas and Washington agreed to a deal to sell up to 50 million barrels of Venezuelan crude stored in tanks and vessels. Trading houses Vitol and Trafigura obtained the first U.S.
Empire Wind Granted Preliminary Injunction, Construction to Resume
The underlying lawsuit challenging the U.S. Department of the Interior’s December 22, 2025 suspension order will continue to proceed.Empire Wind will now focus on safely restarting construction activities that were halted during the suspension period. In addition, the project will continue to engage with the U.S. government to ensure the safe, secure and responsible execution of its operations.Empire Wind is being developed under contract with the New York State Energy Research and Development Authority (NYSERDA) to deliver a critical new…
US Seizes Venezuela-Linked Tanker Ahead of Trump-Machado Meeting
The United States has seized another Venezuela-linked tanker, U.S. officials told Reuters on Thursday, ahead of a meeting between U.S. President Donald Trump and Venezuelan opposition leader Maria Corina Machado.The seizure marks the sixth vessel targeted since mid-December that was either carrying Venezuelan oil or had done so in the past. The officials, speaking on the condition of anonymity, said the seizure took place in the Caribbean.The U.S. military's Southern Command confirmed the pre-dawn operation, saying U.S.
US Files for Warrants to Seize Dozens More Tankers
The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, as Washington consolidates control of oil shipments in and out of the South American country.The U.S. military and Coast Guard have seized five vessels in recent weeks in international waters that were either carrying Venezuelan oil or have done so in the past. The seizures were part of Washington's campaign to force Venezuelan President Nicolas Maduro out of power that culminated in U.S.
Companies Scramble to Assemble Operations for Venezuelan Crude Exports to US
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports, four sources familiar with the operations said.Trading houses and oil companies, including Chevron, Vitol and Trafigura, are competing for U.S. government deals to export crude from Venezuela, sources said…
The Challenges and Rewards of Pushing Ahead with Autonomous Ships
In his 2026 goal setting message, IMO Secretary-General Arsenio Dominguez noted that all eyes will be on the finalization of the autonomous ships code.The MASS Code is a framework for the safe, secure, and environmentally friendly operation of remotely operated and autonomous ships.Maj. Joseph DeFlorio, U.S. Army 8th Theater Sustainment Command, National Security Law Team, highlighted in a December piece on the Indo Pacific Defense Forum that there is a lot to be gained from autonomous shipping.Autonomous systems can monitor hazards and respond with precision…
Hanwha and HavocAI Partner on USV Development
Hanwha Defense USA (HDUSA), Hanwha Systems Co (HSC), and U.S.-based collaborative autonomy company HavocAI announced they will jointly develop 200-foot autonomous surface vessels (ASV).Hanwha is currently the only shipbuilder with an operational shipyard in the United States to enter into a joint agreement with an autonomous vessels company. Hanwha Philly Shipyard is under consideration to produce the 200-foot autonomous ASV.HavocAI recently closed a $85m funding round, publicly confirmed the sale of dozens of vessels to the U.S.
U.S. Shipbuilding: Tactical Strategy or Ready to Cut Steel in 2026?
Maritime 2026 opened with a bang between the announcement of Battleships, Venezuela, shadow fleets and yes, U.S. shipbuilding. The commercial building issue may come down to strategic patience or the adaptability to evolve through new technology while ignoring historic, old tactics. The subject requires another year of debate as the line separating the success or failure of Naval and Commercial shipbuilding in the U.S. is slowly becoming a blur. Look towards Naval growth developing in non-traditional patterns … because it has to.With China leading all of the discussions…
Maduro Suggests Talks with U.S. on Drugs, Oil
Venezuela's President Nicolas Maduro has extended an olive branch to U.S. President Donald Trump, proposing serious talks on combating drug trafficking and offering U.S. companies ready access to Venezuelan oil.Maduro said Venezuela was a "brother country" to the United States and a friendly government. He noted that when he and Trump last spoke in November, the U.S. president had acknowledged his authority by addressing him as "Mr. President."The longtime Venezuelan strongman…
See You in Court: Orsted Challenges Halt on $5B Offshore Wind Project
On Friday, January 2, 2026, Orsted said it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project.The Trump administration suspended leases on December 22 for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies…
US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil
The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating Washington is currently more interested in using economic rather than military means to pressure Caracas."While military options still exist, the focus is to first use economic pressure by enforcing sanctions to reach the outcome the White House is looking (for)," the official said on Wednesday…
US Senator Ron Wyden Questions Shipping Companies Over Fuel Smuggling
U.S. Senator Ron Wyden has contacted seven maritime shipping companies as part of an inquiry into cartel-linked fuel smuggling between the United States and Mexico, asking the firms to explain their vetting procedures for ensuring their tankers aren't used to transport illicit hydrocarbons, according to copies of the letters seen by Reuters.The letters from Wyden, who is the most senior Democratic member of the Senate Finance Committee, were dated Friday. They come as stolen crude and bootleg fuel have become the second-largest revenue source for Mexican cartels after drugs…
Oil Prices Rise as US Shutdown Talks Advance, Oversupply Concerns Remain
Oil prices edged higher on Monday as investors assessed moves aimed at ending the U.S. government shutdown while concerns around oversupply in the crude market persisted.Brent crude futures rose 43 cents, or around 0.7%, to $64.06 a barrel by 1409 GMT. U.S. West Texas Intermediate crude was at $60.18 a barrel, also up about 43 cents or 0.7%.The U.S. Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a now 40-day shutdown that has sidelined federal workers, delayed food aid and snarled air travel.RISK APPETITE RETURNSU.S.
US Government Takes Another Look at Virginia Offshore Wind Project
The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment for wind and solar projects, it said in a filing in U.S.
Chevron Among Top Bidders at Gulf of Mexico Oil and Gas Auction
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July.His administration's plans for offshore leasing are a significant departure from that of his predecessor, President Joe Biden, which had planned…
MOG, HHI Ink MoU to Build Submarines
Maritime Operations Group (MOG) and HD Hyundai Heavy Industries (HHI) signed a memorandum of understanding MoU aimed at accelerating the development, construction and delivery of modern diesel-electric submarines and undersea technologies for U.S. government and allied missions.Under the agreement, the two companies will explore collaboration on the design and construction of diesel-electric submarines optimized for U.S. Navy training, research, development, test and evaluation (RDT&E), and specialized mission support.
Oil Prices Rise Amidst Latest US Sanctions
Oil prices rose on Tuesday on the impact of the latest U.S. sanctions on Russian oil and optimism that the U.S. government shutdown could end soon, although oversupply concerns limited gains.Brent crude futures were up $1.14, or 1.78%, to $65.2 a barrel at 11:50 a.m. ET (1650 GMT). U.S. West Texas Intermediate crude was at $61.16 a barrel, up $1.03 cents, or 1.03%.Investors continue to assess the fallout from the U.S. sanctions on Russia, and their impact on both crude oil and refined fuel markets.Lukoil declared force majeure at an Iraqi oilfield it operates…