How Ports Are Trying to Stay Afloat Amid Cruise Industry Shutdown | WSJ

[@FinancialShinanigan]

If Cruise lines wanted aid, they should have registered domestically

[@paillette2010]

Bam!

[@glass1258]

The corporations are based in the United States with the ships flagged elsewhere

[@apedroza5743]

💯💯💯

[@gman77gas]

They sid not want to pay corporate US tax...but now they want tax money bailout.

[@Stephan905]

You are absolutely right but I think the guy is talking about the port itself, not the cruise line.

[@toddpa-c3826]

Why would the USA bail any of these cruise lines, They ALL (-1) have chosen to fly another countries FLAG - GO to Panama 🇵🇦 and get your money since u play these games of not paying USA Taxes

[@johnl.7754]

And only hiring a few American workers

[@organizedchaos4559]

@@johnl.7754 They hire a lot of filipino workers

[@intruderone234]

500k workers pay taxes, supplies are US, etc

[@chuckwray6265]

If they are registered in the US, they have to have a majority of US citizens. The citizens do not want to work that hard. They tried doing that from San Diego to Hawaii. The crew quit and they had to cancel the idea.

[@reylanomalza2223]

The cruise lines doesn't say they wanted a bail all they wanted is for the cdc to allow them to do cruising again.

[@LoudRevised]

30 minutes after Wendover Production’s video. So close.

[@intruderone234]

Fauci: no mask, Pelosi: come on down to Chinatown, : mayor of New York: come down for a steak. All this was early including what you mentioned. Are you holding all the politicians responsible. Did we not learn from the handling, or are so hypocritical to not see it?

[@Shockedbywater]

And did a much better job of it.

[@Themah111]

The cruise lines are not registered in the US so they are not entitled to bailout money.

[@stephenchew1665]

The cruise lines never asked for aid. This video is about U.S. ports.

[@adriancooper78]

Wow!!! I feel real sorry for the cruise industry. 😳Have you ever tried to get your money back from a cruise ship company?

[@cryptofin5684]

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[@frankblangeard8865]

Who said that infrastructure in the United States was deteriorating. The cruise ship port just finished at Port Canaveral shows that 'infrastructure' in the U.S. is in top shape.

[@ryanmartin9331]

You don't abide by U.S labor laws or pay U.S. taxes. You haven't and shouldn't get U.S. taxpayer money or support.

[@rodneydsouza2454]

He's talking about the port though?

[@intruderone234]

come on down and tell all those port workers, ranchers, farmers, hotel workers, taxi driver, tug boat/pilot ship crew that. You might get a rude awakening and find out this is pure BS the CDC is pulling

[@user-ee9wv8fd9q]

Say it your beloved Amazon or FedEx

[@jadem2788]

I haven’t been on a cruise in 20 years, so it doesn’t bother me. I’m guessing the government didn’t bail them out b/c they are registered/headquartered in other countries.

[@stephenchew1665]

The cruise lines never asked for aid. This video is about U.S. ports.

[@EK6O3O]

Despite the methods of how cruise lines work, this specific video is talking about the PORT and how it functions in that locations economy. A lot of people just went straight to the cruise lines... regardless, the cruise/travel/hospitality is the largest affected industry globally including all other business and industries that rely on that sector.

[@FinancialShinanigan]

There's Wendover Production and then there's everyone else

[@intruderone234]

Fauci: no mask, Pelosi: come on down to Chinatown, : mayor of New York: come down for a steak. All this was early including what you mentioned. Are you holding all the politicians responsible. Did we not learn from the handling, or are so hypocritical to not see it?

[@mjaraz5442]

Excuse me, but since these ships are registered in other countries outside the United States to avoid paying taxes. Why should they get a break?

[@intruderone234]

they didn't ask for money. The BS restrictions need to be lifted. Not a hand out

[@NoScratchLifestyle]

Want Amercian customers but no Amercian tax.

[@LeonardoDeVinci1452]

Here a thought go back to the ports that these ships fly their flags under and see if they will give them a bailout. Not too big to fail.

[@Rick_Foley]

Longshoremen? My cruise ship had to wait 90 minutes until a Cadillac drove up to the bollard and a heavyset guy rolled out to release the mooring lines.

[@ninjanerdstudent6937]

They should begin scrapping the cruise ships or converting them to container ships.

[@Moonless6491]

Maybe the owners should have invested in stocks and stopped buying coffee and avocado toast.

[@auro1986]

there are planes for long distance travel.for fun on water there are small boats like yachts so why make big cruise ship?

[@MatthewStinar]

Awe, those poor criminal enterprises struggling to remain profitable. Maybe we should give them free room and board in our prisons so they don't end up on the streets begging for food.

[@ElloImNoodle]

?

[@intruderone234]

@@ElloImNoodle I agree ????

[@ElloImNoodle]

The terminals should be charging the cruise lines for docking there how come they don’t have money

[@FRISKYxDINGOxx]

The port makes very little on dockage, There has to be some kind of commodity or service rendered.

[@IKEMENOsakaman]

Airplanes, cruiseships, etc... I feel sorry for all the crews and staffs...

[@paillette2010]

Some crews on ships were literally trapped due to quarantines, ports they were at, their own nationality, and the flags the ships fly under. Cruise ships weren’t helping ppl get home and some committed suicide. A bad industry overall. Yet people are compelled to buy cheap cruises.

[@tonchie23]

@@paillette2010 the blood is on the hands of the people from CDC because THEY didn't allow cruise companies to send their crew members through American airports. I spent 70 days on a ship. the first 50 days Royal Caribbean waited for CDC to allow them to fly us home from Miami airport and then they just grouped us from ship to ship in order to fly us easily from Barbados.

[@ElloImNoodle]

5000 people weekly for the new terminal

[@owensanto4004K]

So much anti-cruisers here in this comment section 🙄🙄

[@mikakorhonen5715]

floating Petri dishes

[@FRISKYxDINGOxx]

I've never seen so many uneducated comments on one thread, This port directly employs over 250 people which has been dramatically cut. Beyond that you have local vendors, porters, security guards, stores, and the other necessities, All of which do not work for the cruise companies. These are American jobs lost without the cruise business, and families suffering. It makes me sick to see people say things like "just move" or "just find another job." when these people have build careers out here.

[@scruffyman5159]

Nice try, but nope....these ports are owned by the corporations. They have so much money, paying a years salary for 250 staff is not even a piffle to them.....but do they offer pay a reduced wage till the the pandemic is done. Remember, they have Trillions upon trillions of dollars, mind boggling amounts of it......and making more every day...see it what it is. And no, i'm not a socialist, i'm a democratic capitalist, but we the voter have allowed corporations to get out of hand.

[@FRISKYxDINGOxx]

Port Canaveral is state run port that falls inline with port jax, we accommodate these corporations that own the cruise companies cause they give us money to provide service. Not a hard concept to understand. We do not have trillions and our financials are public record. You can literally see them and get an update on them at every commission meeting.

[@mikakorhonen5715]

There is education for KZbin commenting somewhere? You should read these as opinions. Cruising industry just happen to have very negative imago right now. Correct people if you know better.

[@tayspiderx]

Simple solution register cruise on America soil and PAY TAXES

[@MaryAnnMsbl34]

WHY CANT SOME CONTAINER SHIPS PARK OFF THE COAST AND CRUISE SHIPS TRANSPORT TO THEIR PORTS.

[@faisalabdulrazzaq8570]

Go to panema for aid since you dodge taxes there

[@stephenchew1665]

The cruise lines never asked for aid. This video is about U.S. ports.

[@andypotanin]

Inside empty, outside WINDY.

[@ardentdfender4116]

I have no sympathy for the industry and as foreign registered entities.

[@FRISKYxDINGOxx]

US Ports are not foreign entities, That's who is suffering right now.

[@intruderone234]

nor the 500k US workers too I bet. Self centered

[@ardentdfender4116]

The registered entity is the foreign cruise line company that purposefully register offshore for tax purposes.

[@FRISKYxDINGOxx]

@@ardentdfender4116 And they're not asking for anything other than to do business. The US ports have lost a ton of money.

[@cryptofin5684]

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[@johnvalerian8440]

Floating Petri dishes.

[@intruderone234]

BS, not even close.This a lie!!!!!! The science doesn't even come close to saying that these days.

[@user-ee9wv8fd9q]

I bet your house is.

[@vlado2701]

What can I say ? Cheer up dear Friends and Travelers !

[@Pyrrhic.]

If a company during good times spent their profits on share buybacks, they shouldn't have been bailed out, they should've been nationalized or try to raise money like Boeing did with their massive debtload. These airlines made flying so much more uncomfortable with their tight seating. They pad their profits for sharebuyback. Now they got bailouts. They better make their seats wider.

[@GotKimchi]

can you point to us how many of the cruise industry did stock buybacks? oh wait, you can't, because they didn't, that was the airline industry, not cruises edit: I am wrong, Cruise companies did do stock buybacks, but not at the level of the airlines, and they were smart and kept cash reserves

[@Pyrrhic.]

@@GotKimchi you are right, they didn’t do stock buybacks at the level of airlines. But I was speaking in general, not only airlines. But cruises aren’t registered in the US, hence they never asked for a bailout given the blow back they would get. Also cruise companies did buy back stock, except because of the nature of their business, they had a huge cash reserve, unlike airlines. But yes I see you point

[@GotKimchi]

@@Pyrrhic. Yeah, you right. They did do buybacks, just not at the level of airlines. I only checked in the past year, my mistake. on the bright side, they also didn't funnel all their profits too. So while they did do buybacks, they also were smart and kept cash reserves too. And your right, the whole buyback thing shouldn't be allowed, and if they did, should block them from receiving any bailouts.

[@MaryAnnMsbl34]

DeSantis is suing the CDC. For not allowing Cruises.

[@Haitian_Chris]

What happened to all the money you saved by not being US based companies to avoid paying taxes, the minimum wage, or offering health benefits? Perhaps you should talk to Panama about a bailout not the US govt.

[@grondhero]

Geez, after watching Wendover's video on this subject, you can see that the WSJ didn't do much research. At least they included a bit on the ports, which is what their title states it is about. No idea, aside from theatrics, why they'd mention the foreign cruise lines didn't receive US money. IIRC, the cruise lines didn't even ask the US for money (they did do some private funding, though). Cruise lines are good for a while. We just need to stop treating this virus as the boogeyman.

[@rgrojas90]

I’m sure the oceans appreciate it

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[@mrpmj00]

- Only Disney cruise is worth buying. Other cruises don't have the safety and security and their stock are junk.

[@cryptofin5684]

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[@ninjanerdstudent6937]

Hopefully this industry never comes back just like other past failed industries.

[@anechkagee5372]

I'd also like to hear about the positive impact on the environment. End of the world delayed by a few months thanks to cruise ships not operating.

[@scottrance2818]

You honestly think think a cruise ship is more polluting than a cargo tanker? seriously?

[@raabinhood731]

now do a video on how much emissions cruise ships would have put out in the last year

[@lawrestler]

Almost all the cargo entering US ports is on foreign flagged ships. Why is it permitted? And, don't give me the "essential business" line of BS.

[@philnightjar1971]

Watch videos here in YT made by *maritime professionals* to understand why.

[@alparslankorkmaz2964]

Nice video.

[@aeromtb2468]

well is there a plan to bring back the cruise industry especially with vaccinations happening?

[@farooqtechnicaltv4262]

Very good

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[@clemensmosig7612]

you get a like just for the pun in the title

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[@TrishLee]

Really love this 👍

[@adriancooper78]

Half as interesting did a more comprehensive video

[@dstr0y3rz]

Wendover only did for the cruise ship companies, WSJ covered the ports only. It's apples and oranges.

[@Pleasingwave]

They need smaller ships. Key West and other ports get swamped with gigantic ships carrying day-trip tourists

[@scottrance2818]

and they make a ton of profit from it too.

[@peterjaniceforan3080]

Third world registered ships and crews❓

[@user-ee9wv8fd9q]

Anyone posting negative comments about the Cruise Companies (passenger ships) will be the last person on the ship if planes won’t be able to fly one day.

[@mikakorhonen5715]

Are you feeling well Danny?

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[@mikakorhonen5715]

@@user-ee9wv8fd9q Some back pain.

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