HaaHaaa Cruise lines..... Bend Over!

[Spudsbud]

Hahaaa
Cruise lines gittin Hosed Royally.
Sorry..... youre not an American company.
Aid is for U.S. only.
OK.... fair I think.
All those boats have foreign registery to legally dodge taxes

F You boys !!!!

 

[TeamGreene]

Oh well. See if the island nation of bum fuck where ever, will pony up.

 

[Tank]

Yep, I really hope the Govt doesn't give them a penny. Reap what you sow. Ships are all documented out of country and 90% of workers are foreigners.

 

[RitcheyRch]

Works for me. They used these other countries to dodge taxes.

Hahaaa
Cruise lines gittin Hosed Royally.
Sorry..... youre not an American company.
Aid is for U.S. only.
OK.... fair I think.
All those boats have foreign registery to legally dodge taxes

F You boys !!!!

 

[DrunkenSailor]

They also do it to dodge us employment laws. The cruise industry workers are basically slaves.

 

[mbrown2]

Yep, I really hope the Govt doesn't give them a penny. Reap what you sow. Ships are all documented out of country and 90% of workers are foreigners.

Totally agree...they register out of country to avoid taxes...well why should they get any stimulus from that are going to be paid for by our tax dollars...

 

[HALLETT BOY]

Can you imagine what a cruise would cost if it followed all US rules ?

 

[spectras only]

Can you imagine what a cruise would cost if it followed all US rules ?

I think it would be no different than what airlines do now. Cheap deals on flights make no sense to me. yet they still make profits if they can fill all the [ crammed ] seats. If airlines started offering decent meals and service like they used to in the past, fares would go way up, no doubt. Back in the 60's a Transatlantic one way flight was about $1000 that was a lot back then.

 

[mash on it]

Hahaaa
Cruise lines gittin Hosed Royally.
Sorry..... youre not an American company.
Aid is for U.S. only.
OK.... fair I think.
All those boats have foreign registery to legally dodge taxes

F You boys !!!!

They are U.S. corporations, so how would they be considered foreign? NYSE: CCL

Asking for a friend...

Dan'l

 

[retaocleg]

you get what you pay in.........nada!..........but still gave refugees and assylum seekers 350 million of the pie(when it passes)...........what a country! free shit for everyone, except tax payers, we just get some of our tax dollars back.......and remember, the gov doesn't have any money themselves, they have our money

 

[skiracr]

Works for me. They used these other countries to dodge taxes.

Totally agree...they register out of country to avoid taxes...well why should they get any stimulus from that are going to be paid for by our tax dollars...

Exactly...and not one of those companies flies Ol' Glory off their boat. Each Country flies a different flag to the country their allegiance is with! Not one with the US

 

[Ziggy]

Honestly, nothing about the current fiscal decline for big or small businesses is funny or something to thumb our nose at. One way or another it'll affect us all. I doubt there is person or company that does not try to reduce their tax obligations somehow.

 

[SkyDirtWaterguy]

I think it would be no different than what airlines do now. Cheap deals on flights make no sense to me. yet they still make profits if they can fill all the [ crammed ] seats. If airlines started offering decent meals and service like they used to in the past, fares would go way up, no doubt. Back in the 60's a Transatlantic one way flight was about $1000 that was a lot back then.

Unfortunately the Walmartization of the Airline industry has prevented this from ever returning. It’s a proven fact that people will bitch about the price of an airplane ticket but overpay for a cup of coffee at Starbucks. When you pay the admission for a movie do they hand you a free box of popcorn and drink and say enjoy the show? No! So why should it be expected on an airline flight?

 

[Sandlord]

Can you imagine what a cruise would cost if it followed all US rules ?

Only people that can really afford to get sick would still cruise.

If it puts the cruise lines out of biz, so be it.

 

[LHC Kirby]

Hahaaa
Cruise lines gittin Hosed Royally.
Sorry..... youre not an American company.
Aid is for U.S. only.
OK.... fair I think.
All those boats have foreign registery to legally dodge taxes

F You boys !!!!

You sound like a kid who just won a game but instead of being a sore loser, you are a sore winner

Yep, I really hope the Govt doesn't give them a penny. Reap what you sow. Ships are all documented out of country and 90% of workers are foreigners.

Not true - the Norwegian Cruise Line Pride of America is US Officers, and other staff and is USA Flag ship... it does that because to be able to go ONLY to USA ports without hitting an international one, that is the rule. That particular ship stays in Hawaii - only does Hawaii. SO yes one exception unless you start counting the River Cruise boats, Mississippi and Columbia River amongst others.

With all that said - do you know what would happen to the Alaska Ports if the cruise lines went away ? They bring so much business into ports, all around the USA... the people they employ are mainly foreigners - and the working conditions would never fly by our laws on the ships (I am unaware of what they do different on the NCL Pride of America.)

They should get bailed out by the country the flag they are flying.... but if you love to cruise like I do..... I hope the end result of this brings good things.

 

[was thatguy]

I can’t find a 7 day airplane cruise with a pool, restaurant, and casino anywhere.

 

[Tank]

You sound like a kid who just won a game but instead of being a sore loser, you are a sore winner



Not true - the Norwegian Cruise Line Pride of America is US Officers, and other staff and is USA Flag ship... it does that because to be able to go ONLY to USA ports without hitting an international one, that is the rule. That particular ship stays in Hawaii - only does Hawaii. SO yes one exception unless you start counting the River Cruise boats, Mississippi and Columbia River amongst others.

With all that said - do you know what would happen to the Alaska Ports if the cruise lines went away ? They bring some much business into ports, all around the USA... the people they employ are mainly foreigners - and the working conditions would never fly by our laws on the ships (I am unaware of what they do different on the NCL Pride of America.)

They should get bailed out by the country the flag they are flying.... but if you love to cruise like I do..... I hope the end result of this brings good things.

I like going on a cruise every once in a while but my wife actually loathes them which means we don't cruise LOL
I don't wish ill will to anyone / business and I truly hope the cruise lines recover like I hope all industry recovers for the simple fact they support our economy and their success is american success. It's bigger picture thinking, kind've same philosophy on why you shouldn't wish the president to fail. With that said, in a perfect world the US should somehow change the way they allow the ships to avoid taxes. Spit balling here but base the taxes off amount of time they're in US waters or something. Then the whole hailing port would kind've be a moot point.

 

[Tank]

I can’t find a 7 day airplane cruise with a pool, restaurant, and casino anywhere.

Funny you say that.....Their coming!

The Flying Luxury Hotel

This is not a Blimp. It's a sort of flying Queen Mary 2 that could change the way you think about air travel. It's the Aeroscraft, and when it's completed, it will ferry pampered passengers across continents and oceans as they stroll leisurely about the one-acre cabin or relax in their...

www.popsci.com

Luxury travel by airship returns

CW continues to cover the Airlander 10 hybrid aircraft by Hybrid Air Vehicles (HAV, Shortstown, Bedford, UK), a helium-filled airship. HAV made a splash at Farnborough this year by announcing luxury tourist travel.

www.compositesworld.com

 

[ChumpChange]

(Bloomberg) -- Carnival Corp. is in talks to raise as much as $7 billion as the cruise ship operator seeks to shore up its finances amid a halt on global travel, according to people with knowledge of the matter.
The company, looking to raise cash to improve liquidity as the Covid-19 pandemic upends its business, is being advised by lenders including JPMorgan Chase & Co., said the people, who requested anonymity because the matter is private.
Carnival is discussing issuing a mix of debt and equity, the people said. Options include issuing $3 billion to $7 billion in senior secured first-lien debt, implying a loan-to-value ratio of about 25%, they said. The company is also weighing issuing $1.5 billion in convertible notes and $1 billion to $2 billion in common equity, one of the people said. The situation remains fluid, they said.
Representatives for Carnival and JPMorgan declined to comment.
Carnival fell as much as 21% on Friday after a late change to the U.S. stimulus package limited relief for companies not incorporated in the U.S. The largest cruise industry player, Carnival is incorporated in Panama but operates out of Miami.
The stock has fallen 71% this year and was trading at $14.66 at 2:41 p.m. in New York, giving it a market value of about $9.6 billion.
Carnival said this month it was looking for additional financing after providing notice to borrow about $3 billion under an existing credit facility. It also said it expects to post a loss this fiscal year.

 

[Dirty Daytona]

Totally agree...they register out of country to avoid taxes...well why should they get any stimulus from that are going to be paid for by our tax dollars...

I’m not being a smartass at all when I ask this but is the stimulus money really our tax dollars at this point? It kind of seems like Monopoly money at least for the short term. Is there any plan at all on how this will get paid back? Obviously it will eventually be from taxes but have they mentioned the payback plan at all so far?

 

[D19]

They don't base operations out of the US solely for tax advantages. The US has too strict of labor laws.

 

[MooreMoney]

The news reported one of these cruise companies was headquarters in Liberia or libia. I couldn’t believe it.

 

[D19]

The cruise industry workers are basically slaves.

That's not true. I've been on a few cruises, talked with workers and know people who have worked on ships. They absolutely love the opportunity. It's difficult for them to make the kind of income they do and in work in the same safe conditions in their home lands.

It's this mentality that makes Americans noncompetitive in the work force. American workers are a bunch of pussies.

 

[Bigbore500r]

Carnival is to based out of US, as:

1. Volkswagen is to manufacturing in Mexico
2. China is to owning US real estate
3. DCB is to hailing from Montana

 

[mbrown2]

I’m not being a smartass at all when I ask this but is the stimulus money really our tax dollars at this point? It kind of seems like Monopoly money at least for the short term. Is there any plan at all on how this will get paid back? Obviously it will eventually be from taxes but have they mentioned the payback plan at all so far?

Payback....Each time you go around the board you get $200 .....

 

[DrunkenSailor]

That's not true. I've been on a few cruises, talked with workers and know people who have worked on ships. They absolutely love the opportunity. It's difficult for them to make the kind of income they do and in work in the same safe conditions in their home lands.

It's this mentality that makes Americans noncompetitive in the work force. American workers are a bunch of pussies.

The typical cruise ship worker works 7 days, a week 12 hour days and earns an average salary of 1350 a month totaling about 3.75 an hour. Sure they get room and board and tips on top for their 6 month contract but that wouldn't fly in the US.

 

[Looking Glass]

I think it would be no different than what airlines do now. Cheap deals on flights make no sense to me. yet they still make profits if they can fill all the [ crammed ] seats. If airlines started offering decent meals and service like they used to in the past, fares would go way up, no doubt. Back in the 60's a Transatlantic one way flight was about $1000 that was a lot back then.

That's NOT alot now?

 

[Looking Glass]

Honestly, nothing about the current fiscal decline for big or small businesses is funny or something to thumb our nose at. One way or another it'll affect us all. I doubt there is person or company that does not try to reduce their tax obligations somehow.

Reduce OR eliminate?

 

[spectras only]

That's NOT alot now?

In the mid 60's you could buy a Corvette for around $4000m only 4X of an airfare. How many times is the price of a Vette, compared to a one way ticket to fly across the Ocean today?

 

[Looking Glass]

In the mid 60's you could buy a Corvette for around $4000m only 4X of an airfare. How many times is the price of a Vette, compared to a one way ticket to fly across the Ocean today?

WOW?

What are you comparing here?

You lost me, as I was thinking Cruise , Airline prices.

Somewhere a Corvette appeared in the conversation.

OH Well!! Carry On!

 

[spectras only]

What I'm trying to tell you, flying in the 60's were very expensive compared to today. Flying is pretty cheap compared buying a decent car today. Flying was really a luxury back then, now it's not anymore, it's all open to the masses.

 

[rrrr]

The typical cruise ship worker works 7 days, a week 12 hour days and earns an average salary of 1350 a month totaling about 3.75 an hour. Sure they get room and board and tips on top for their 6 month contract but that wouldn't fly in the US.

The work hours and wages aren't surprising. All shipping and offshore related industries work those hours, with scheduled duty some variation of weeks on/weeks off. At the end of the day, these are service sector jobs, and the pay is decent for workers compared to jobs and wages available in their home countries.

Has anyone considered the reason there aren't any US flagged vessels is because our taxation of the industry is far out of line with the rest of the world? Before the 2017 tax cuts, corporate tax was assessed at 35%, by far the highest in the world and a big reason US companies were basing operations in Ireland and other countries.

But by far the biggest reason the US shipping industry is moribund is due to a 100 year old protectionist law.

The Jones Act has decimated the US shipping industry, resulting in the loss of many jobs and the collapse of the American shipbuilding industry.

The Jones Act: A Burden America Can No Longer Bear

How an archaic, burdensome law has been able to withstand scrutiny and persist for almost a century.

www.cato.org

Interestingly (or some would say “inevitably” in the United States, where foreign competition in cabotage services is restricted), only 2 percent of U.S. freight travels by sea. In the European Union, where cabotage among the member states is permitted, the corresponding figure is 40 percent. In Australia, where vessels need not be built domestically to participate in cabotage services, coastal shipping accounts for 15 percent of domestic freight.16 Meanwhile, after relaxing its cabotage restrictions in 1994, New Zealand experienced a decrease of approximately 20–25 percent in coastal freight rates over the subsequent six years.

 

[D19]

The typical cruise ship worker works 7 days, a week 12 hour days and earns an average salary of 1350 a month totaling about 3.75 an hour. Sure they get room and board and tips on top for their 6 month contract but that wouldn't fly in the US.

Ya in America the government thinks it’s a better idea to hand out welfare and free rent.

 

[LazyLavey]

Hahaaa
Cruise lines gittin Hosed Royally.
Sorry..... youre not an American company.
Aid is for U.S. only.
OK.... fair I think.
All those boats have foreign registery to legally dodge taxes

F You boys !!!!

good point