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5 May 2024 20:55
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  •   Home > News > Business

    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg

    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg


    Ships have brought in 350-thousand visitors, with an estimated value of 540-million dollars.

    However, a 20-percent decline in port visits is projected for next season, as rising costs bite the market.

    Cruise Association Chief Executive, Jacqui Lloyd says says there are multiple issues at play.

    She says geopolitical reasons don't help -- with issues in the Red Sea, and the conflict between Russia and Ukraine all contributing.

    © 2024 Newstalk ZB, NZCity

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    Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils More...



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