Carnival Selling $2.4 Billion Bond to Buy Back Costly Debt
By Paula Seligson (Bloomberg) — Carnival Corp. is selling $2.4 billion of new junk bonds to refinance debt the cruise ship company took on last year, when it was forced to...
Salvage operations for the grounded American Jazz riverboat in Lake Barkley are expected to begin Friday, the Unified Command said Thursday.
A safety zone established by the unified command remains in effect from mile marker 61.5 to mile marker 63.5 on the Cumberland River as crews work to unground the vessel.
“In order to ensure the safety of both responders and the public, boaters are not permitted to transit within 100-yards of the vessel and salvage operations area during salvage operations,” said Cmdr. Jennifer Andrew, commanding officer of Marine Safety Unit Paducah. “Mariners are encouraged to monitor VHF-FM radio channel 16 for updated information.”
The American Cruise Lines’ river cruise ship American Jazz ran aground near mile marker 62 on the Cumberland River near Cadiz, Kentucky on July 7 during a seven-night “Music Cities Cruise” from Memphis to Nashville with 120 passengers and 54 crew members. All passengers were disembarked from the vessel last Friday.
No damage, pollution, or injuries have been reported.
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