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7 May 2024 20:09
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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

    26 April 2024
    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


     Other Business News
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     07 May: Calls for increasing competition in the markets to boost productivity
     07 May: Peanuts that may contain high levels of a food toxin have mistakenly been released into supermarkets
     06 May: Concerns the Government's putting business ahead of children and teachers
     Top Stories

    RUGBY RUGBY
    Former All Black Jeffery To'omaga-Allen's enjoying every minute of an unexpected return to Super Rugby with the Queensland Reds More...


    BUSINESS BUSINESS
    The country's largest bank has increased its cash profit, despite falling interest margins More...



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