Australia risks losing cruise industry to Asian competitors | Sunrise

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Australia's cruise industry faces potential decline as operators warn that high port fees and regulatory uncertainty are driving major cruise lines away from Australian waters. The country, currently the world's fourth-largest cruise market with 1.4 million passengers annually, has already lost five cruise lines including Virgin and Disney, representing 50,000 cabins and an estimated $1 billion in economic impact. Industry experts are calling for an urgent government summit to address port fees that are double those of Miami and a two-year ship licensing requirement that creates planning difficulties for operators. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok

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