Quote:
Originally Posted by Barnes
As long as the oppressive Jones Act exists, that won't change. Flying an american flag limits where ships can go and who the lines can hire. There is one American flagged line, NCL America which is a subsidiary of Norwegian Cruise Line and has only one ship remaing and consistently loses money. The ship was also massively over budget when built as US ship builders can't compete with European yards in Finland, France and Italy.
They do it for way more reasons than getting out of paying taxes (which every industry has it's own version of).
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I would be pretty interested in reading an elaboration on this. Any recommended links?