Passenger vessels may take $3 billion coronavirus-related hit

The economic damage for the U.S. passenger vessel industry from coronavirus will be between $2 billion and $3 billion, Passenger Vessel Association (PVA) preliminary estimates show.

PVA, which has asked that the industry be included in the Trump administration’s relief plans, represents 350 passenger vessel operators with about 1,600 vessels who employ thousands of U.S. citizens. The passenger vessel industry face months of little or no revenue.

The trade association, which is still tallying...

https://www.workboat.com/news/passenger-vessels/passenger-vessels-may-take-3-billion-coronavirus-related-hit/

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