NYC Ferry’s Hornblower Taps Niagara Falls Assets for Cash
By Claire Boston and Katherine Doherty (Bloomberg) –The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Claire Boston and Katherine Doherty (Bloomberg) –The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep
By William Mathis (Bloomberg) — Boris Johnson’s plan to quadruple the size of the U.K. offshore wind industry will require $58 billion of investment
By Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore
By Thomas Penny and Jessica Shankleman (Bloomberg) — Boris Johnson will commit to boosting U.K. offshore wind power as part of his delayed plan for a
By William Mathis (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, plans to use its latest Dutch installation to make
By Brendan Murray (Bloomberg) — The global shipping industry sustained a second cyber attack within a week that’s raising concern about disruptions to
By Krystal Chia (Bloomberg) — Shipowners are facing rising labor costs as widespread Covid-related restrictions limit movement of seafarers and make crew
By Rachel Morison (Bloomberg) –National Grid Plc outlined a plan for an offshore grid that will link new wind parks and interconnectors, saving consumers
By David Stringer and Krystal Chia (Bloomberg) — Authorities in Australia are contending with a rising number of coronavirus cases among the crew of a
By Firat Kayakiran (Bloomberg) –Ships that transport coal and iron ore to China are seeing a surge in earnings as the nation’s demand for commodities
By Jennifer A. Dlouhy (Bloomberg) –President Donald Trump’s decision to rule out energy development along the coasts of Florida, Georgia and the
By Lars Erik Taraldsen (Bloomberg) — Norway’s Prime Minister Erna Solberg warned of a humanitarian and trade crisis if the roughly 800,000 seafarers
By Kyunghee Park (Bloomberg) — An online home shopping boom in the U.S. has sent transpacific sea freight rates to the highest on record, helping the
By Christopher Yasiejko (Bloomberg) –Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the
By K. Oanh Ha (Bloomberg) –Unilever Plc and Procter & Gamble Co. are among consumer companies urging world leaders to resolve the plight of more than
By Lucia Kassai (Bloomberg) — After defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship
By Vince Golle (Bloomberg) — America’s network for moving goods into and around the country is the busiest in years after being throttled by the
By David Wethe and Jennifer A. Dlouhy (Bloomberg) –The U.S. is looking to tighten requirements on bonds issued by a growing number of bankrupt oil
By Will Wade (Bloomberg) –Hurricane Sally’s historic flooding of Florida and Alabama this week marked the eighth named storm to strike the continental
By Mikael Holter (Bloomberg) — Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start
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