I have cruised 2 dozen times and I appreciate the regulation which requires the ship to carry enough life boats for ALL passengers & crew. I also like that they are required to hold a emergency drill on 1st day of voyage. I think the recent mishap near Italian coast had neglected to hold the drill. That ship’s captain also took an unauthorized route to wave hello to somebody on the Italian coast.
But why on earth is our government getting involved in loans & subsidies to corporations? Government bureaucrats are some of the most inept people in regards to real world markets.
This is punishment for being non union. Companies that build ships that are part of SIU which is afl-cio they get special government handout loans.
I have taken a few cruises myself.