I read somewhere that most, if not all, of the big cruise lines fly under the flag of another nation so they can avoid taxes in the U.S. I'm going to go check that out.I think it depends on how much they contribute to the US economy. They should only be assisted if they are significant revenue generators for the USA.
What would happen to cruise ports and US based cruise industries if they go under? They bring in a lot of money to the US. Which powers that be own shares in the cruiselines or related businesses.
The cruise industry will be one of the last to be revived when the virus threat is over, for several reasons: 1) the cruise industry has been the poster boy for where not to be when a pandemic breaks out because you cannot escape it; 2) people will reluctantly begin to venture out for vacations by car first, hotels second, air travel third, and cruising a distant fourth; 3) by the time this is all over, we will have many fewer cruise ships plying the oceans and, perhaps, fewer cruise companies as well. And it won't necessarily be the largest cruise companies that survive, but those with the strongest balance sheets coming into this crisis.
Bottom line: do not bail out the cruise industry. I remember when a previous President chose to bail out Solyndra, a poorly-managed domestic manufacturer of solar panels. We all know how that went. Government should not be in the business of picking and choosing who survives and who doesn't.
Nobody knows who is infected.Off topic but what is needed to get cruise ships loaded with passengers and workers who are not affected and just start sailing until the world gets to a normal. Crazy idea but it could work if the company wanted it and governments allowed. Need an outbreak plan once on board.
And they find ways to avoid complying with U.S. minimum wage laws...I read somewhere that most, if not all, of the big cruise lines fly under the flag of another nation so they can avoid taxes in the U.S. I'm going to go check that out.
And I found this:
White suit, right hip pocket?They conciously DO NOT fly the American Flag, nor hire (many) American workers. Their primary ownership is foreign, though American investors' money is welcome- as well as the bulk of the money passengers pay. They'll have to demonstrate significant improvement in deference to American interests to get my unconditional support. Until then, I'll keep my funds safely in my trousers.
I do think a good number of ports all over the world are going to strengthen their requirements to make port. And that is a good thing.Nobody knows who is infected.
It is unlikely that a ship would be welcomed to ports. Few people could handle being on a ship for months, with no sure docking anywhere. Humans are land creatures.
A half full ship would have less chance of rampant infection, but, it only takes one passenger to infect masses of people.