Latest news with #electricityproviders
Yahoo
5 days ago
- Climate
- Yahoo
Princess Cruises ship gets battered by Storm Floris
Princess Cruises ship gets battered by Storm Floris originally appeared on TravelHost. As Storm Floris hit the U.K. with raging winds and heavy rain on Aug. 4, several cruise ships sailing British Isles cruises in the region got caught in angry seas. In Scotland, Storm Floris is being called the 'most damaging summer storm in recent memory' by electricity providers. The storm brought wind gusts of more than 100mph in some parts of northern Scotland, leaving tens of thousands of homes without power and suspending trains while crews worked to clear fallen cruise ships sailing in and around Scotland this week on British Isles cruises, the storm meant missed ports of call and sailing through some rough seas to get to calmer waters and alternate ports. While cruise ship captains will always sail the safest route possible and avoid putting their ships and their passengers in danger, sometimes heavy seas can't be entirely avoided. Although Princess Cruises' Regal Princess canceled two of its scheduled port stops in northern Scotland to stay ahead of Storm Floris, the ship still had to sail through some turbulent waters in order to avoid the worst of the weather. Doug Parker shared details on the rough sea conditions Regal Princess faced as it outran Storm Floris in Scotland, and other cruise news, including a wave of MSC Cruises cancellations, on the Aug. 5 edition of Cruise News Floris thrashes cruise ships in the British Isles Cruise News Today Transcript: This is Cruise News Today with Doug Parker. Good morning, here's your cruise news for Tuesday, August 5th. Waves reaching 40 feet and wind gusts up to 90 miles per hour creating rough conditions for some cruise ships. This is all driven by Storm Floris. The weather system is disrupting cruise itineraries this morning across the U.K. and Norwegian coasts. A report to our tip line from a passenger sailing on Regal Princess showed the ship experiencing a steady five- to seven-degree list when winds hit the ship at 90 miles per ship is skipping Invergorden and heading straight to Liverpool tomorrow. Other ships impacted are Holland America's Nieuw Statendam, Norwegian's Dawn, Ambassador's Ambience, and Seabourn Sojourn. Earlier this morning, weather buoys in the Irish Sea recorded waves up to 27 feet high. Be safe out there. Be the first to see the best deals on cruises, special sailings, and more. Sign up for the Come Cruise With Me newsletter. MSC Cruises cancels future cruise season from New York City And MSC Cruises is scaling back operations in New York. The line confirmed via a letter to guests that MSC Meraviglia will stop sailing from the city after April of '26. We've received over a dozen emails from guests impacted with a letter from the ship saying the vessel will reposition to Europe for the summer and then return to Miami for the winter season, not New York. As of now, no MSC sailings are scheduled from New York for the summer of '27. Guests with canceled bookings are being offered rebooking options or full refunds. The move though does raise questions about MSC's long-term commitment to the Northeast Voyages makes first call to Iceland, Nordic region And Virgin Voyages marked a milestone this week as Scarlet Lady made her first-ever stop in Iceland. It's Virgin's official debut in the Nordic region. Meanwhile, Brilliant Lady, Virgin's fourth ship, is en route to the U.K. and Lisbon for preview events just ahead of her inaugural sailing from New York next month. Her first season will span four U.S. cities with Alaska added to her itinerary next cruise stocks were up on Monday. Carnival Corporation: up 2.2%, 29.72. Royal Caribbean: up slightly, 315.70. Norwegian: up 3.4%, 25.34. And Viking: up 2.2%, 58.86. If you have a lead on a story, let us know: tips@ Have yourself a great Tuesday. I'm Doug Parker with Cruise News Today. (The Arena Group will earn a commission if you book a cruise.) , or email Amy Post at or call or text her at 386-383-2472. This story was originally reported by TravelHost on Aug 6, 2025, where it first appeared. Solve the daily Crossword
Yahoo
6 days ago
- Business
- Yahoo
Nat-Gas Prices Retreat as US Weather Forecasts Cool
September Nymex natural gas (NGU25) on Monday closed down -0.036 (-1.20%). Sep nat-gas prices on Monday tumbled to a 3.5-month low. Forecasts for cooler US temperatures, which will reduce natural-gas demand from electricity providers to power air conditioning, are undercutting natural-gas prices. Forecaster Vaisala said Monday that forecasts shifted cooler over the eastern US for August 16-20. More News from Barchart Crude Prices Pressured on Hopes of an End to the Russian-Ukrainian War Crude Prices Recover Early Losses on Doubts Over Ukraine Peace Plan Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Ramped-up US nat-gas output is another bearish factor for prices, with current US gas production near a record high and US active nat-gas drilling rigs at a 2-year high. Lower-48 state dry gas production on Monday was 109.4 bcf/day (+6.3% y/y), according to BNEF. Lower-48 state gas demand on Monday was 78.9 bcf/day (+8.3% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Monday were 16.5 bcf/day (+7.1% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported last Wednesday that total US (lower-48) electricity output in the week ended August 2 rose +0.9% y/y to 99,367 GWh (gigawatt hours), and US electricity output in the 52-week period ending August 2 rose +2.7% y/y to 4,259,351 GWh. Last Thursday's weekly EIA report was bullish for nat-gas prices since nat-gas inventories for the week ended August 1 rose +7 bcf, below the consensus of +12 bcf and the 5-year average of +29 bcf for the week. As of August 1, nat-gas inventories were down -4.3% y/y, but were +5.9% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of August 9, gas storage in Europe was 72% full, compared to the 5-year seasonal average of 79% full for this time of year. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending August 8 fell by -1 to 123 rigs, slipping from the 2-year high of 124 rigs posted on August 1. In the past ten months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-07-2025
- Business
- Yahoo
Nat-Gas Prices Climb on a Smaller-Than-Expected Storage Build
August Nymex natural gas (NGQ25) on Thursday closed up +0.017 (+0.55%). Aug nat-gas prices posted moderate gains on Thursday after weekly EIA nat-gas inventories rose less than expected. The EIA reported nat-gas inventories for the week ended July 18 rose +23 bcf, below expectations of +27 bcf and also below the five-year average for this time of year of +30 bcf. More News from Barchart Nat-Gas Prices Tumble as US Weather Forecasts Cool Crude Oil Prices Could Tick Up on Consumer Resilience. Here Are the Levels to Watch Before You Buy. Crude Prices Finish Slightly Lower on a Mixed EIA Inventory Report Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Gains in nat-gas prices were limited on the outlook for cooler US weather, which would curb nat-gas demand from electricity providers for air conditioning usage. Forecaster Vaisala stated on Thursday that the current hot temperatures in the eastern half of the US are expected to dissipate next week, and that temperatures are forecast to return to near-normal levels in the western half of the US for August 3-7. Also, stronger US nat-gas output is weighing on prices with recent production up year-over-year. In addition, expectations for even higher US nat-gas production are also weighing on nat-gas prices after last Friday's weekly report from Baker Hughes showed that the number of active US nat-gas drilling rigs in the week ending July 18 rose by +9 to a 17-month high of 117 rigs. Lower-48 state dry gas production on Thursday was 107.1 bcf/day (+2.9% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 82.4 bcf/day (+0.1% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 15.0 bcf/day (-4.6% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 19 rose +2.1% y/y to 99,373 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 19 rose +2.4% y/y to 4,251,059 GWh. Thursday's weekly EIA report was bullish for nat-gas prices since nat-gas inventories for the week ended July 18 rose +23 bcf, below the consensus of +27 bcf and the 5-year average of +30 bcf for the week. As of July 18, nat-gas inventories were down -4.8% y/y, but were +5.9% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 22, gas storage in Europe was 66% full, compared to the 5-year seasonal average of 74% full for this time of year. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending July 18 rose by +9 to a 17-month high of 117 rigs. In the past ten months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
21-05-2025
- Business
- News.com.au
‘Making it harder': Energy providers accused of deceptive practice
Australian consumers are getting ripped off $171 a year on their power bills due to remarkably simple trick by the electricity providers. According to research by Choice, Australians are getting ripped off by their power company due to deliberately confusing names. Choice alleges electricity providers are using the same name on two different energy plans, meaning unexpected Aussies are paying more for their power than they need to. Choice chief executive Ashley de Silva said it shouldn't be this hard to know if you're being ripped off on your energy bill. 'The potential impact of this practice is significant,' says De Silva. 'Choice estimates that reusing identical names for plans with differing prices could, in aggregate, be costing consumers approximately $65 million in savings.' In a lodgement to the ACCC the consumer group claims electricity providers deliberately make it harder for Australians to switch plans. The Australian Energy Regulator added a requirement in September 2023, forcing the energy retailers to make it easier for consumers to understand. As part of these changes power companies have to tell customers on their bills if they have a cheaper plan available and how much they could save by switching. The guideline requires a compulsory 'better offer' statement on the first page of the bill, under the heading 'Could you save money on another plan?' Choice claims to have collected almost 400 energy bills from January to March 2025, finding 64 energy plans have identical names. As such, Choice alleges Australians believe they are on the cheapest plan possible and are paying more than they should for electricity. 'Across these 64 examples, people could have saved an average of $171 annually had they switched to the cheaper plan, even though it had the same name. 'The highest potential savings amongst these examples was $588 per year.' Ms De Silva said the energy market is already difficult for Aussie households to navigate without the need for misleading practices such as using the same name on plans. 'At a time when we're all looking for ways to save, energy companies are making it harder and harder to know what you're paying and why,' De Silva said. 'This practice is extremely confusing, and potentially misleading or deceptive. 'Supporters who shared their bills with CHOICE often thought that the offer to save money by switching to a plan with an identical name was a mistake, and likely missed out on significant savings.' The submission to the ACCC comes on the eve of millions of Australians paying more for their power. Australian Energy Regulator (AER) has released its latest default market offer (DMO) draft determination in April which is the maximum households living in NSW, South Australia and South East Queensland will be paying. Under the draft, households' power bills could rise between 2.5 and 8.9 per cent depending on where a person lives.
