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

The Wall Street Journal
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The shutdown of cruise lines during the pandemic has had far-reaching economic consequences for America’s ports. In this video, WSJ reporter Julie Bykowicz visits Port Canaveral’s once-bustling cruise terminal to learn about what’s next for the industry.
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2 окт 2024

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Комментарии : 168   
@FinancialShinanigan
@FinancialShinanigan 3 года назад
If Cruise lines wanted aid, they should have registered domestically
@paillette2010
@paillette2010 3 года назад
Bam!
@glass1258
@glass1258 3 года назад
The corporations are based in the United States with the ships flagged elsewhere
@apedroza5743
@apedroza5743 3 года назад
💯💯💯
@gman77gas
@gman77gas 3 года назад
They sid not want to pay corporate US tax...but now they want tax money bailout.
@Stephan905
@Stephan905 3 года назад
You are absolutely right but I think the guy is talking about the port itself, not the cruise line.
@toddpa-c3826
@toddpa-c3826 3 года назад
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
@johnl.7754 3 года назад
And only hiring a few American workers
@organizedchaos4559
@organizedchaos4559 3 года назад
@@johnl.7754 They hire a lot of filipino workers
@intruderone234
@intruderone234 3 года назад
500k workers pay taxes, supplies are US, etc
@chuckwray6265
@chuckwray6265 3 года назад
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
@reylanomalza2223 3 года назад
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
@LoudRevised 3 года назад
30 minutes after Wendover Production’s video. So close.
@intruderone234
@intruderone234 3 года назад
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
@Shockedbywater 3 года назад
And did a much better job of it.
@adriancooper78
@adriancooper78 3 года назад
Wow!!! I feel real sorry for the cruise industry. 😳Have you ever tried to get your money back from a cruise ship company?
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@Themah111
@Themah111 3 года назад
The cruise lines are not registered in the US so they are not entitled to bailout money.
@stephenchew1665
@stephenchew1665 3 года назад
The cruise lines never asked for aid. This video is about U.S. ports.
@ryanmartin9331
@ryanmartin9331 3 года назад
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
@rodneydsouza2454 3 года назад
He's talking about the port though?
@intruderone234
@intruderone234 3 года назад
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
@user-ee9wv8fd9q 3 года назад
Say it your beloved Amazon or FedEx
@NoScratchLifestyle
@NoScratchLifestyle 3 года назад
Want Amercian customers but no Amercian tax.
@FinancialShinanigan
@FinancialShinanigan 3 года назад
There's Wendover Production and then there's everyone else
@intruderone234
@intruderone234 3 года назад
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?
@owensanto4004K
@owensanto4004K 3 года назад
So much anti-cruisers here in this comment section 🙄🙄
@mikakorhonen5715
@mikakorhonen5715 3 года назад
floating Petri dishes
@LeonardoDeVinci1452
@LeonardoDeVinci1452 3 года назад
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.
@frankblangeard8865
@frankblangeard8865 3 года назад
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.
@Moonless6491
@Moonless6491 3 года назад
Maybe the owners should have invested in stocks and stopped buying coffee and avocado toast.
@jadem2788
@jadem2788 3 года назад
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
@stephenchew1665 3 года назад
The cruise lines never asked for aid. This video is about U.S. ports.
@mjaraz5442
@mjaraz5442 3 года назад
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
@intruderone234 3 года назад
they didn't ask for money. The BS restrictions need to be lifted. Not a hand out
@EK6O3O
@EK6O3O 3 года назад
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.
@auro1986
@auro1986 3 года назад
there are planes for long distance travel.for fun on water there are small boats like yachts so why make big cruise ship?
@ninjanerdstudent6937
@ninjanerdstudent6937 3 года назад
They should begin scrapping the cruise ships or converting them to container ships.
@MatthewStinar
@MatthewStinar 3 года назад
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
@ElloImNoodle 3 года назад
?
@intruderone234
@intruderone234 3 года назад
@@ElloImNoodle I agree ????
@henrywayne9800
@henrywayne9800 3 года назад
investing in bitcoin now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
@sofialisa3564
@sofialisa3564 3 года назад
I wanted to trade Crypto but got discouraged by the fluctuations in Price
@lifewithart2508
@lifewithart2508 3 года назад
I heard that his strategies are really good
@alice3213
@alice3213 3 года назад
@@lifewithart2508 Yeah, My first investment with Mr JOHN NOAH earned me profit of over $25,530 US dollars, and ever since then he has been delivering
@henrypjones263
@henrypjones263 3 года назад
He has really made a good name for himself
@evelynjulia3458
@evelynjulia3458 3 года назад
Wow... I can brag about this, sir Noah has manage my account in such a way that I make profit each time .
@ardentdfender4116
@ardentdfender4116 3 года назад
I have no sympathy for the industry and as foreign registered entities.
@FRISKYxDINGOxx
@FRISKYxDINGOxx 3 года назад
US Ports are not foreign entities, That's who is suffering right now.
@intruderone234
@intruderone234 3 года назад
nor the 500k US workers too I bet. Self centered
@ardentdfender4116
@ardentdfender4116 3 года назад
The registered entity is the foreign cruise line company that purposefully register offshore for tax purposes.
@FRISKYxDINGOxx
@FRISKYxDINGOxx 3 года назад
@@ardentdfender4116 And they're not asking for anything other than to do business. The US ports have lost a ton of money.
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@IKEMENOsakaman
@IKEMENOsakaman 3 года назад
Airplanes, cruiseships, etc... I feel sorry for all the crews and staffs...
@paillette2010
@paillette2010 3 года назад
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
@tonchie23 3 года назад
@@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
@ElloImNoodle 3 года назад
5000 people weekly for the new terminal
@adriancooper78
@adriancooper78 3 года назад
Half as interesting did a more comprehensive video
@dstr0y3rz
@dstr0y3rz 3 года назад
Wendover only did for the cruise ship companies, WSJ covered the ports only. It's apples and oranges.
@johnvalerian8440
@johnvalerian8440 3 года назад
Floating Petri dishes.
@intruderone234
@intruderone234 3 года назад
BS, not even close.This a lie!!!!!! The science doesn't even come close to saying that these days.
@user-ee9wv8fd9q
@user-ee9wv8fd9q 3 года назад
I bet your house is.
@ElloImNoodle
@ElloImNoodle 3 года назад
The terminals should be charging the cruise lines for docking there how come they don’t have money
@FRISKYxDINGOxx
@FRISKYxDINGOxx 3 года назад
The port makes very little on dockage, There has to be some kind of commodity or service rendered.
@tayspiderx
@tayspiderx 3 года назад
Simple solution register cruise on America soil and PAY TAXES
@vlado2701
@vlado2701 3 года назад
What can I say ? Cheer up dear Friends and Travelers !
@FRISKYxDINGOxx
@FRISKYxDINGOxx 3 года назад
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
@scruffyman5159 3 года назад
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
@FRISKYxDINGOxx 3 года назад
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
@mikakorhonen5715 3 года назад
There is education for RU-vid 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.
@peterjaniceforan3080
@peterjaniceforan3080 3 года назад
Third world registered ships and crews❓
@Rick_Foley
@Rick_Foley 3 года назад
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.
@grondhero
@grondhero 3 года назад
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.
@faisalabdulrazzaq8570
@faisalabdulrazzaq8570 3 года назад
Go to panema for aid since you dodge taxes there
@stephenchew1665
@stephenchew1665 3 года назад
The cruise lines never asked for aid. This video is about U.S. ports.
@Haitian_Chris
@Haitian_Chris 3 года назад
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.
@lawrestler
@lawrestler 3 года назад
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
@philnightjar1971 3 года назад
Watch videos here in YT made by *maritime professionals* to understand why.
@aeromtb2468
@aeromtb2468 3 года назад
well is there a plan to bring back the cruise industry especially with vaccinations happening?
@baablobaablanen8122
@baablobaablanen8122 3 года назад
The delirious palm apically jam because partner bioinformatically face before a brawny romanian. woebegone, boundless study
@clemensmosig7612
@clemensmosig7612 3 года назад
you get a like just for the pun in the title
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@MaryAnnMsbl34
@MaryAnnMsbl34 3 года назад
WHY CANT SOME CONTAINER SHIPS PARK OFF THE COAST AND CRUISE SHIPS TRANSPORT TO THEIR PORTS.
@mrpmj00
@mrpmj00 3 года назад
- Only Disney cruise is worth buying. Other cruises don't have the safety and security and their stock are junk.
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@andypotanin
@andypotanin 3 года назад
Inside empty, outside WINDY.
@MaryAnnMsbl34
@MaryAnnMsbl34 3 года назад
DeSantis is suing the CDC. For not allowing Cruises.
@raabinhood731
@raabinhood731 3 года назад
now do a video on how much emissions cruise ships would have put out in the last year
@Pyrrhic.
@Pyrrhic. 3 года назад
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
@GotKimchi 3 года назад
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.
@Pyrrhic. 3 года назад
@@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
@GotKimchi 3 года назад
@@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.
@anechkagee5372
@anechkagee5372 3 года назад
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
@scottrance2818 3 года назад
You honestly think think a cruise ship is more polluting than a cargo tanker? seriously?
@rgrojas90
@rgrojas90 3 года назад
I’m sure the oceans appreciate it
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@Pleasingwave
@Pleasingwave 3 года назад
They need smaller ships. Key West and other ports get swamped with gigantic ships carrying day-trip tourists
@scottrance2818
@scottrance2818 3 года назад
and they make a ton of profit from it too.
@alparslankorkmaz2964
@alparslankorkmaz2964 3 года назад
Nice video.
@ninjanerdstudent6937
@ninjanerdstudent6937 3 года назад
Hopefully this industry never comes back just like other past failed industries.
@farooqtechnicaltv4262
@farooqtechnicaltv4262 3 года назад
Very good
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@lovHim100
@lovHim100 3 года назад
Dang shame
@cryptofin5684
@cryptofin5684 3 года назад
N•i•c•e M•A•K•E•a N•O•T•E•to•M•y•T•r•a•d•• P•r•o•f•e••s•s•i•o•n•a•l• ....... .... . W•H•A•T•S•A•P•P + •1•7•7•4•3•2•0•4•3•1•4 I•n•v•e•s•t•inC•r•y•p••t•oA•N•DE•T•H..... .. .... . T•o•G•e•tM•o•r•e••T•i•p•s&< >E•n•l•i•g•h••t•e•n•m•e•n•t
@TrishLee
@TrishLee 3 года назад
Really love this 👍
@user-ee9wv8fd9q
@user-ee9wv8fd9q 3 года назад
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
@mikakorhonen5715 3 года назад
Are you feeling well Danny?
@user-ee9wv8fd9q
@user-ee9wv8fd9q 3 года назад
@@mikakorhonen5715 Fine. And yourself?
@mikakorhonen5715
@mikakorhonen5715 3 года назад
@@user-ee9wv8fd9q Some back pain.
@whogivesadamnforuser
@whogivesadamnforuser 3 года назад
I have the least sympathy for cruise business.
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