Britain To Build A ‘National Flagship’ To Promote Maritime Trade
by Alistair Smout (Reuters) – Britain is to build a new flagship to promote its business and trade interests around the world, the government said on Saturday, in a move it...
By Laura Blewitt (Bloomberg) — Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the U.S. government warned of a home heating-fuel shortage from the East Coast to Texas.
The Coast Guard has deployed four of its five Hudson River ice-cutting vessels since Dec. 30 to carve out a path for tankers hauling motor and heating fuels to supply terminals around the city. River ice thickened to 6 inches north of Poughkeepsie, New York, over the weekend, according to Steve Strohmeyer, a U.S. Coast Guard spokesman. The agency later warned of ice conditions forming around Chesapeake Bay and its tributaries.
U.S. retail diesel prices averaged $2.87 a gallon on New Year’s Day, the most since June 2015, according to motorist group AAA.
© 2018 Bloomberg L.P
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