Empire Energy Corporation International (Empire) announced on Monday, March 14, 2011 that in response to the United States Navy’s (USN) recurring issues arising from the instability and cost volatility of its global oil supply, Empire will be submitting to the Navy, an unsolicited proposal. This pro
Yesterday CBO senior analyst Eric Labs testified before the House Armed Services Committee’s Subcommittee on Seapower and Projections Forces to discuss the challenges that the Navy is facing in its plans for building its future fleet. The testimony focused on the costs and force structure implicatio
The U.S. Maritime Administration has awarded contracts totaling $77 million to three companies to operate 10 National Defense Reserve Fleet ships through July 27, 2015. The contracts were awarded to Ocean Duchess Inc. of Houston, Texas for $16,618,430; Keystone Ocean Shipping of Bala Cynwyd, Pa. for
Britain is to abandon its warship patrols of the Caribbean for the first time since the second world war because of the navy’s funding crisi… [mappress] Source: guardian,February 08, 2011;
With congressional gridlock making it more likely that the Pentagon will receive the same amount of funding this year as last year, the Navy’s top officer is throttling up the pressure to change course. Congress has yet to pass a spending bill for fiscal year 2011, instead carrying over funding from
