This Day in U.S. Coast Guard History - February 18

Thursday, February 17, 2011

1842- The House of Representatives passed a resolution requesting the Committee on Commerce to make an inquiry into the expenditures of the Lighthouse Establishment since 1816. This was to explore the possibility of cutting down on expenses, to examine the question of reorganizing the establishment and administration, and also to ascertain whether the establishment should be placed under the Topographical Bureau of the War Department.

 
1952- During a severe "nor’easter" off the New England coast, the T-2 tankers SSFort Mercer and SS Pendleton each broke in half.  Coast Guard vessels, aircraft, and lifeboat stations, working under severe winter conditions, rescued 70 persons from the foundering ships.  Five Coast Guardsmen earned the Gold Lifesaving Medal, four earned the Silver Lifesaving Medal, and 15 earned the Coast Guard Commendation Medal. 
 
1968-Engineman First Class Robert J. Yered was awarded the Silver Star for action on 18 February 1968 while attached to Explosive Loading Detachment #1, Cat Lai, Republic of Vietnam.  EN1 Yered was supervising the loading of explosives on board an ammunition ship when an enemy rocket struck a barge loaded with several tons of mortar ammunition moored alongside.  His citation noted that "without regard for his personal safety, [he] exposed himself to the enemy fusillade as he helped extinguish the fire on the burning barge. . .His courageous act averted destruction of the ammunition ship, and the Army Terminal."  EN1 Yered also received the Purple Heart for injuries suffered during the incident. 
 
1979- Coast Guard HH-3F helicopter CG-1432 crashed 180 miles southeast of Cape Cod, killing four of its five occupants.  The helicopter was preparing to airlift a 47 year old crewman from the Japanese fishing vessel Kaisei Maru #18.
 
(Source: USCG Historian’s Office)

History

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Carriers have Withdrawn Extremely Low Spot Market Freight Rates - Drewry

Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box.

 
 
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