U.S. import prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle East conflict boosts oil prices and snarls supply chains.Economists shrugged off the report from the Labor Department on Wednesday and said they expected the oil price surge from the U.S.-Israeli war with Iran to show in April's import price data.
Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years.
Hines Furlong Line has taken delivery of the M/V Donny Mudgett, the first vessel completed in its eleven-vessel newbuild program. Built at Intracoastal Iron Works in Bourg, Louisiana, the M/V Donny Mudgett is powered by three Mitsubishi Tier 3 S6R2-Y3MPTAW engines, each delivering 803 horsepower at 1,400 RPM.