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Tampa declines to raise cruise tariffs

In:
17 Aug 2010

Tampa, Florida port commissioners declined to approve staff recommendations to raise the daily parking garage rates from $14 to $15 and toincrease tariffs by 3 percent on cruse lines.

Raising the tariff would have affected Royal Caribbean because unlike other cruise companies in Tampa, Royal Caribbean does not have a long-term contract with the port that includes payments that can be lower than a tariff arrangement.  While Royal Caribbean may be subject to tariff increases in the future still, Royal Caribbean enjoys the luxury of being able to discontinue service at any time.

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