Hornblower Group Emerges from Financial Restructuring with New Ownership
Hornblower Group, a prominent provider of water and land-based experiences, has successfully completed its financial restructuring process after filing for
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
Hornblower Group, a prominent provider of water and land-based experiences, has successfully completed its financial restructuring process after filing for
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and
SFL Corporation Ltd. (NYSE: SFL) announced today the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240
The United Nations’ International Maritime Organization (IMO) has issued an urgent call for in-kind contributions of spill response equipment to support
June saw further tightening of market conditions on key deep-sea container trades, with spot rates and associated surcharges increasing every week throughout
Marine insurer Gard has published a new report analyzing five years of data from over 20,000 cases, shedding light on critical trends in seafarer injuries and
Norwegian-based shipowner Ocean Yield AS has announced an agreement to purchase infrastructure fund CVC DIF’s share in the French company Geogas LNG. The
Golar LNG Ltd. has finalized agreements with Pan American Energy (PAE) to deploy a Floating Liquefied Natural Gas (FLNG) vessel in Argentina for a 20-year
Fincantieri and Viking have recently signed contracts for the construction of two new cruise ships, based on the designs of previous ships built by Fincantieri
Crowley has been awarded a $2.3 billion, seven-year contract extension by U.S. Transportation Command (USTRANSCOM). The contract will enable Crowley to
The Department of the Interior has greenlit the Atlantic Shores South offshore wind energy project, marking the nation’s ninth commercial-scale offshore
DOF Group ASA will acquire Maersk Supply Service A/S (MSS) for approximately USD 1.112 billion. The deal will be financed through a combination of cash and new
The Paris Memorandum of Understanding (MoU) on Port State Control saw a slight decrease in the overall detention rate in 2023, though it has not returned to
The Bureau of Ocean Energy Management (BOEM) has given the green light to Avangrid’s New England Wind Construction and Operations Plan (COP), authorizing the
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India,
Maritime Partners has successfully acquired e1 Marine, a company known for its innovative work in hydrogen generation technology for the marine sector. e1
South Carolina Ports (SC Ports) is working to address ship delays by implementing operational solutions and temporarily pausing toe wall construction as part
The Federal Maritime Commission (FMC), the U.S. agency responsible for ensuring a reliable and competitive international ocean transportation system, has
A merchant vessel was approached by a dozen small craft in the southern Red Sea approximately 13 nautical miles southwest of Al Mukha, Yemen, the UK Maritime
The U.S. Department of State has announced sanctions on three United Arab Emirates (UAE) companies and eleven tankers over their involvement in the
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