Sea Containers Ltd (fka SCRA)

[joey13]

PRESS: GOOCH PALS EYE FERRY PURCHASE

Wall Street billionaire and Two River Times columnist Mickey Gooch and other investors are reluctantly moving toward a purchase of the SeaStreak ferry line that runs from northern Monmouth County to Manhattan, today's Asbury Park Press reports.

Reluctantly, that is, because Gooch, of Rumson, and his prospective partners are only stepping in to save the service. SeaStreak's parent company, Sea Containers Inc., has been in bankruptcy for over a year, and the Caribbean nation of Trinidad and Tobago is said to have offered $30 million for the line's four catamarans.

From the article:

"Myself and other investors are not really, frankly, interested in being ferry operators," Gooch said. "We're just interested in seeing a quality ferry service continue

http://www.redbankgreen.com/