Just pointing out that a "steaming light" a/k/a "masthead light" on the face of your mast is not required if you have an all-around white light (anchor light) at the top of your mast, e.g., you can use the all around light at the top of the mast for both anchoring and for motoring at night.
33 CFR § 83.23 - Power-driven vessels underway
(a) A power-driven vessel underway shall exhibit:
(i) A masthead light forward;
(ii) A second masthead light abaft of and higher than the forward one; except that a vessel of less than 50 meters in length shall not be obliged to exhibit such light but may do so;
(iii) Sidelights; and
(iv) A sternlight.
(b) An air-cushion vessel when operating in the non-displacement mode shall, in addition to the lights prescribed in paragraph (a) of this Rule, exhibit an all-round flashing yellow light where it can best be seen.
(c) A WIG craft only when taking off, landing and in flight near the surface shall, in addition to the lights prescribed in paragraph (a) of this Rule, exhibit a high intensity all-round flashing red light.

(d) A power-driven vessel of less than 12 meters in length may, in lieu of the lights prescribed in paragraph (a) of this Rule, exhibit an all-round white light and sidelights.