NEW YORK | NYC Ferry

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…The 100-year-old cruise operator said the financial filing will not affect NYC Ferry service. The company’s contract with the city to run the system was renewed for another five years in 2023.

The bankruptcy specifically pertains to just one of Hornblower’s smaller lines – American Queen Voyages, an overnight riverboat cruise business that ceased operations on Tuesday, pending a sale or a shutdown. Hornblower said that American Queen Voyages was lagging in performance, and had not been able to bounce back after the pandemic.

“This will not affect NYC Ferry service whatsoever – in fact, this deal injects new capital into the parent company, while eliminating debt unrelated to ferry operations, which will allow the system to continue its record growth across the five boroughs,” said Hornblower CEO Kevin Rabbitt…

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