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.