USGC Holds Change-of-Command for Sector New York
Capt. Jonathan Andrechik transferred command of Coast Guard Sector New York to Capt. Doreen McCarthy Monday, during a change-of-command ceremony at Sector New York in Staten Island. Rear Adm. Michael Platt, Commander, Coast Guard Northeast District, presided over the ceremony.Capt. McCarthy reported to Sector New York and has served as the deputy commander since May of 2024. Prior to serving as the Sector New York Deputy Commander, Capt. McCarthy completed a Senior Service School at the United States Air War College in Montgomery, Alabama.Following the change-of-command ceremony, Capt.
USCG Cutter Healy Returns to Homeport After Engineering Casualty
U.S. Coast Guard Cutter (CGC) Healy experienced an engineering casualty while operating northwest of Port Angeles, Washington. There were no reported injuries. On July 13, tugs safely towed CGC Healy back to homeport for an investigation into the incident and to undergo major repairs.The Coast Guard maintains a strong presence in the Arctic to control, secure, and defend the U.S. northern border and approaches, and uphold U.S. sovereignty against adversaries’ aggressive economic and military actions in the Arctic.
US Missiles Strike Across Iran After Houthis Announce Naval Blockade
U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint, the mouth of the Red Sea.Two weeks after the collapse of an interim truce meant to end the war, the Iranian armed forces responded by firing at U.S. bases in neighbouring Arab countries and warning people there that they may strike non-military buildings used by U.S.
Saronic, Samsung Heavy Industries Collaborate on Autonomous Marine Systems
Saronic and Samsung Heavy Industries (SHI) announced a strategic partnership to accelerate the development of autonomy-capable maritime systems and technologies to strengthen America’s shipbuilding industrial base. Through this partnership, the companies will harness technology and expertise to build the maritime industrial capacity and workforce needed to deliver on American and allied shipbuilding needs, both today and into the future.The companies unveiled the partnership at the launch of the Korea–U.S.
US Begins Importing Iraqi Oil Through Syria
The United States has begun importing fuel oil of Iraqi origin shipped through Syria for the first time, according to shipping data and two sources familiar with the operations, as Iraq expands a Mediterranean export route established after disruptions to Gulf trade routes earlier this year.The alternative route is a further example of shippers seeking ways to move supplies around the world that circumnavigate the Strait of Hormuz, which has been effectively closed for several months…
US, Iran Renew Conflict With Strikes on Bridge, Desalination Plant
The United States struck bridges and an airport in Iran on Friday, provoking Tehran to respond by hitting a power and desalination plant in Kuwait, as the warring foes risked further escalation by expanding their targets to include infrastructure.At sea, where the renewed conflict has again cut off energy supplies from the Gulf, U.S. Marines boarded a tanker near the Strait of Hormuz. Another vessel was seized by armed men off Yemen, raising concern over security in the Middle…
Oil Prices Dip Slightly Amidst Continued Middle East Tensions
Oil prices edged lower on Thursday but held near the highest since mid-June as the Iran war escalated, with Tehran asking Yemen's Houthi movementto be prepared to close the Red Sea oil export route.Brent crude futures were down 19 cents, or 0.2%, to $84.76 a barrel by 11:25 a.m. EDT. U.S. West Texas Intermediate futures were down 17 cents, or 0.2%, to $79.43 a barrel. At their session highs, both contracts were up more than 1%.On Wednesday, Brent futures settled at their highest since June 12…
US LNG Tanker Completes First Direct Sail to China Since Tariff Dispute
A vessel carrying U.S. liquefied natural gas has sailed directly from the U.S. to China for the first time since trade tensions between Washington and Beijing effectively halted direct shipments, vessel-tracking data showed.However, analysts say it may never enter China as the terminal's bonded storage facilities allow re-exports without import duties.Carrying a cargo loaded in early June from U.S. energy firm Venture Global LNG's VG.N Plaquemines export plant in Louisiana, the…
Shipping Companies Turn Down US-Guided Military Transit Through Hormuz
Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian attacks on vessels sparked safety concerns, seven maritime security and shipping industry sources said.For decades ships sailed into and out of the Gulf using a safe set of lanes down the middle of the strait established by the U.N.’s shipping agency in 1968 dubbed the Traffic Separation Scheme.Since the Iran war began on February 28, Iranian forces have mined this area…
Summit at Sea Level to Accelerate Coastal Resilience in Louisiana
The Louisiana Coastal Protection and Restoration Authority (CPRA), the Louisiana Department of Transportation and Development (DOTD), and the U.S. Army Corps of Engineers (USACE) have agreed to a joint commitment to overhaul bureaucratic processes and accelerate coastal resilience efforts.The agreement follows the "Summit at Sea Level," hosted by CPRA and DOTD on Friday, June 26, 2026, in Baton Rouge. The event marked a convergence of top national, state, and local figures, bringing them together with federal partners…
Maersk Resumes Suez Canal Route From Middle East to US
Maersk, one of the world's biggest container shipping groups, said on Thursday it would resume its Middle East-to-U.S. East Coast service through the Suez Canal, as the Danish group takes another step toward restoring routes through the Red Sea.Most shipping companies abandoned the Asia-Europe trade corridor through the Suez Canal after attacks in the Red Sea by Yemen's Houthis, forcing vessels to take the much longer route around Africa's Cape of Good Hope.
Oil Prices Lower Ahead of Possible US-Iran Peace
Oil prices eased on Thursday after earlier gains as markets assessed the escalating conflict between the U.S. and Iran and its implications for efforts to end the war and fully reopen the Strait of Hormuz.Brent crude futures were down 11 cents, or 0.1%, to $77.91 a barrel at 1322 GMT. U.S. West Texas Intermediate crude futures dropped 38 cents, or 0.5%, to $73.14 a barrel.Brent and WTI crude futures hit their highest levels since June 22 on Wednesday.Still, New York Federal Reserve…
US Natural Gas Prices Drop to Six Week Low
U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas, and after the release of a federal report showing last week's storage build was much bigger than expected.Front-month gas futures for August delivery on the New York Mercantile Exchange fell 13.9 cents, or 4.3%, to $3.073 per million British thermal units (mmBtu)…
Ports of Indiana Secures $25m Federal Grant to Support Expansion
Ports of Indiana has been awarded a $25 million federal “BUILD” grant from the U.S. Department of Transportation (USDOT) to support a $32 million expansion of its Jeffersonville port. This grant is the largest federal award in Ports of Indiana’s 65-year history.The BUILD program (Better Utilizing Investments to Leverage Development) is administered by USDOT to provide grants for surface transportation infrastructure projects with significant local or regional impact. This week…
Oil Prices Rise Almost 5% As Trumps Warns of Additional Iran Attacks
Oil prices jumped nearly 5% on Wednesday, hitting a two-week high after U.S. President Donald Trump warned Iran that the United States will likely engage in additional strikes on Wednesday night after attacks the previous day, adding that they might take over Kharg Island as well.Brent crude futures were up $3.81, or 5.14%, to $77.97 a barrel at 1339 GMT, while U.S. West Texas Intermediate crude climbed $3.36, or 4.77%, to $73.80 a barrel. The benchmarks hit their highest levels since June 22 earlier in the session.Both rose about 3% on Tuesday after the U.S.
Training Ship Golden Bear Returns Home from Final Summer Sea Term for Cal Poly Maritime Academy
Training Ship Golden Bear returns to Vallejo on July 6 following the completion of Summer Sea Term 2026, bringing home 283 Cal Poly Maritime Academy cadets after a 12,500-mile voyage across the Pacific Ocean. After 30 years of service as the academy's primary training vessel, the journey marks Golden Bear’s final training voyage and the end of an important chapter in the history of Cal Poly Maritime Academy.For three decades, Golden Bear has served as a floating classroom where thousands of cadets transformed classroom knowledge into practical experience at sea.
Oil Drops to Four-Month Low as Talks Conclude in Doha
Oil prices fell more than 1% to a four-month low on Thursday as concerns over supply disruptions eased after mediator Qatar said Iran and the U.S. made progress in talks over ending the four-month war that shut the key shipping through the Strait of Hormuz.Brent futures were $1.03, or 1.44%, lower, at $70.54 a barrel at 10:54 a.m. CDT (1554 GMT). U.S. West Texas Intermediate crude fell 92 cents, or 1.34%, to $67.66 a barrel. During the session, both benchmarks hit their lowest…
US, Iran Discuss Peace Deal, Restarting Shipping
The U.S. and Iran held indirect technical talks in Doha on Wednesday as they seek to agree on the flow of shipping through the Strait of Hormuz and secure a lasting ceasefire, a source with direct knowledge of the talks and an Iranian official said.The talks are based on a 14-point interim accord signed last month that was meant to halt the war that began with U.S.-Israeli strikes on Iran in February and reopen the strait, while setting up 60 days of negotiations for a permanent peace deal.However, the U.S.
Oil Prices Fall As US-Iran Talks Appear to Go Well
Oil prices fell on Wednesday as optimism over U.S.-Iran talks eased supply concerns after U.S. President Donald Trump said meetings in Qatar had gone well.Brent futures were down 95 cents, or 1.30%, to $72.00 a barrel at 0119 GMT. U.S. West Texas Intermediate crude was down 54 cents, or 0.78%, at $68.96 a barrel — its lowest since February 27."The negotiations that are currently taking place in Qatar are perceived as being positive (and) that has allowed prices to drift further…
US Natural Gas Prices Fall With Ample Supply Maintaining Pressure on Market
U.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks. On its first day as the front-month, gas futures for August delivery on the New York Mercantile Exchange fell 8.2 cents, or 2.5%, to $3.20 per million British thermal units. The contract is down 2.7% so far this month. "The market thinks the heat wave is going to be short-lived and that next week temperatures will cool back to normal.
Oil Prices Rise After US, Iran Attacks and Amidst Hopes of Hormuz Shipping Recovery
Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U.S. technical teams working on the implementation of an interim peace deal are expected to meet in Doha in the coming days, a source told Reuters on Monday, after the tit-for-tat weekend strikes threatened to derail the accord.Brent crude futures were up 90 cents, or 1.25%, at $72.89 a barrel by 11:36 a.m. EDT (1537 GMT). U.S.
New Russian‑Flagged LNG Tanker Begins Operations For US Project
A newly Russian-flagged LNG tanker - Arctic Express - has picked up a cargo of liquefied natural gas from a floating storage facility used to trans-ship gas from the Arctic LNG 2 project, which is under U.S. sanctions, LSEG data showed.Arctic LNG 2, initially planned to be one of Russia's largest LNG plants with an eventual output of 19.8 million metric tons per year, continues operations despite U.S. sanctions, with China the main buyer.According to LSEG data, Arctic Express loaded an LNG cargo at the Saam facility near the Arctic port of Murmansk on June 28 and headed west.
Port Houston Records Best Monthly Container Volume Since Summer 2025
Activity along the Houston Ship Channel continues to strengthen America’s energy competitiveness and Port Houston’s public terminals record best monthly container volumes since last summer.Key TakeawaysStrong demand for U.S. energy products drove export growth through the Houston Ship Channel region, with crude oil export tonnage increasing 35% and refined product export tonnage increasing 29% through April.In May, Port Houston’s container terminals recorded their largest monthly volumes since July 2025.