Saturday, May 06, 2006

Sea Streak is in Trouble

Lots of Jersey Shore residents commute to NYC via Sea Streak everyday. In fact, if it wasn't for Sea Streak, Realtors would not be able to advertise that Fair Haven or Rumson is only 45 minutes from the City. In any event, Sea Streak is cancelling some service on Monday. The service cancellation looks temporary, however, it should be noted that the parent company of Sea Streak, known as Sea Containers, is in very bad financial shape.

From MSNBC

"Sea Containers, the troubled container leasing and passenger transport group, on Monday said it expected its 2005 results to include a warning about whether the company could survive as a going concern.

Directors were drawing up a business plan for use in a possible debt restructuring, the company added in a statement to the New York Stock Exchange, where the London-based, Bermuda-registered company is listed."

Full article...

3 Comments:

Anonymous Anonymous said...

Super color scheme, I like it! Good job. Go on.
»

Thursday, May 18, 2006 4:38:00 AM  
Anonymous Anonymous said...

I say briefly: Best! Useful information. Good job guys.
»

Thursday, May 18, 2006 4:48:00 AM  
Anonymous web design and hosting said...

Start Making Money Today.. Why wait

I would like to tell everyone I know about a new web site for web design and hosting... If you are looking on ways to mkae money starting a business and need a site to host it on . Visit http://webhost-er.com/ Today

Thursday, June 15, 2006 12:09:00 AM  

Post a Comment

<< Home