Cruise Industry Adds to US Trade Defecit Declares Lobbyist

Press Release
Tuesday, February 19, 2013

Executive claims 'Carnival Triumph', 'Carnival Splendor' & even 'Costa Condordia' are but the "Tip of the Iceberg".

World City America Inc., president, Stephanie Gallagher asks when will U.S. politicians and reporters ask the right questions about this non-U.S. industry? An extract from her statement follows:

American passengers account for over 90 percent of the revenues earned by over 150 foreign-flag cruise ships sailing out of U.S. ports. It's a $40 billion-a-year industry that competes unfairly with American hotels, resorts, casinos and convention facilities. "Unfairly" because it is exempt from U.S. safety, environmental and labor regulations. It does not pay U.S. corporate taxes on its profits, and it is not required to hire American officers or crew.

As a result, the cruise industry is among the top ten contributors to our trade deficit along with countries like Japan, China, Mexico and Germany.

American courts will not decide passenger or crew grievances. Liberian or Panamanian or Bahamian courts – whichever "flag of convenience" happens to be flying – will.

It is true that millions of American passengers have taken a cruise on one of the foreign-built, foreign-owned and foreign-flagged cruise ships without incident. But...is that any reason to turn a blind eye to the possibility of a major disaster, one that will not be handled by U.S. authorities or U.S. courts?

Isn't it time to ask why these ships are not flying the American flag, are not hiring American officers and crew, and are not paying taxes on their multi-billion dollar annual U.S.-sourced profits? Why are they allowed to compete unfairly with Marriott, Westin, Hilton, Radisson, Harrah's, Wynn Resorts, Las Vegas Sands, Universal Studios, and other U.S. hospitality properties?


 

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Marad Visits TX Maritime Technology & Training Center

United States Maritime Administration tours Maritime Technology and Training Center site.   Administrators from the United States Maritime Administration (MARAD),

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

Cruise Ship Trends

Norwegian Epic to Sail from Port Canaveral

Port Canaveral will homeport Norwegian Cruise Line’s (NCL) largest ship and currently the third largest in the world—the Norwegian Epic—starting in November 2016,

Cruise Industry Wins Key Norovirus Judgment

In what is being seen as a landmark decision, Hill Dickinson is the first law firm to have successfully defended a UK class action case involving a Norovirus outbreak onboard a cruise liner.

Royal Caribbean's Profit Rises 34 Percent

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard

Finance

FURUNO of Japan Increases Investment in ENL

ENL Group and FURUNO Electric Co. Ltd of Japan have announced that FURUNO has increased its investment into the New Zealand company to a total of 29.5%. The

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

People in the News

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

Asian Nations Call for Stop to South China Sea Land Work

Calls grow for China to halt land reclamation. Southeast Asian countries on Tuesday backed a U.S. call to halt land reclamation in the South China Sea, underlining

FMC Collects $1,227,500 in Penalties from NVOCC's

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1394 sec (7 req/sec)