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. 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 October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

US Shipowner Creates Fund for Families of Missing El Faro Crew

The owners of the cargo ship El Faro that sank after it was trapped in the path of Hurricane Joaquin off the Bahamas last week announced the creation of a family

Coast Guard Foundation Raises $250,000 for Scholarships

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Newport News Shipbuilding Converts to Natural Gas

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has converted its steam-generation plant from heavy fuel oil, also known as Bunker C,

Cruise Ship Trends

Carnival Corporation Adds Third Berth to Cozumel Pier

Carnival Corporation & plc today officially opened an all-new, highly anticipated expansion of its operations in Cozumel, Mexico, adding a third berth to the company's pier at Puerta Maya,

Indonesian Ports to Allow Foreign-flagged Cruise Ships

Indonesia’s government has given the go-ahead for foreign-flagged cruise ships to stop over in five of the country’s largest ports. Previously, such vessels could only dock at one port,

First Cruise Ship of the Record Season Arrives Auckland

Auckland’s bumper cruise season has officially kicked off with the arrival of Princess Cruises’ mega liner Diamond Princess into port today (October 08).   New


Commodity Surge Boosts World Equities; Dollar Falls

Major world stock markets were poised for their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in

Commodities See Biggest Price Jump in 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output

Asia-N.Europe Box Rates Plunge 17 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday,

People in the News

US Shipowner Creates Fund for Families of Missing El Faro Crew

The owners of the cargo ship El Faro that sank after it was trapped in the path of Hurricane Joaquin off the Bahamas last week announced the creation of a family

Foss Hires VP, General Counsel & Chief Ethics Officer

Foss Maritime announced that Lam Q. Nguyen-Bull has joined the company as the Vice President, General Counsel and Chief Ethics Officer.   Based in Seattle, Nguyen-Bull

French President Inaugurates CMA CGM’s New Mega Ship

The CMA CGM Bougainville, the largest containership sailing under French flag, was inaugurated Tuesday by French President François Hollande in Le Havre.   Other

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.1368 sec (7 req/sec)