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27 Dec 2024 6:41
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  •   Home > News > Business

    The cruise industry's hopeful a new economic report will bring the need for regulatory change to the forefront

    The cruise industry's hopeful a new economic report will bring the need for regulatory change to the forefront


    The sector generated just under 1.4-billion dollars, during the 2023 to 24 cruise season.

    But fewer ships are expected from this year onwards, as rising costs and regulatory complexities hamper future seasons.

    Cruise Lines International Association's, Joel Katz says the current season's projected to be down 20-percent.

    He says the following year will also drop, and anticipates the 1.4-billion dollars will fall to about 800-million.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Accident and Emergency:
    A rahui remains in place in the Bay of Plenty's Ohope Beach, after the disappearance of a man who was evading police on Christmas Day 5:57

    Accident and Emergency:
    Two boaties had to be winched from a Fiordland river after a Christmas Day boat ride almost turned deadly 21:57

    Boxing:
    Prayers and tears mark 20 years since Boxing Day tsunami that claimed 230,000 lives 20:17

    Environment:
    The gun has been fired under clear skies for the start of the Sydney to Hobart yacht race 18:57

    Soccer:
    Manchester City manager Pep Guardiola believes a lack of pre-season training is the major reason his team has been decimated by injury 18:37

    Cricket:
    The spirit of Christmas has done nothing to improve Virat Kohli's temper 18:07

    Law and Order:
    Friends and family of a man who swam away from police during a chase have gathered near the Port Ohope wharf waiting for news of their missing loved one 17:27

    Soccer:
    Tottenham manager Ange Postecoglou Ange Postecoglou denies he's an angry man, but is keen for the media to stop asking him the same questions ad nauseam 17:27

    Boxing:
    Contrasting half centuries from the Australian openers have blunted the Indian attack on Day One of the Boxing Day test in Melbourne 17:07

    Basketball:
    The Philadelphia 76ers have upset defending NBA champions the Celtics 118-114 in Boston, while out west 31 points from LeBron James has led the LA Lakers to a 115-113 win over Steph Curry's Golden State Warriors 16:57


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