You scratch my back, I’ll scratch your back. You want our gigantic ship, you have to give us some government subsidies. And so it goes. Carnival plans to bring the largest ship in its history to Miami, docking the nearly 4,000-passenger Carnival Vista at PortMiami as part of an extended deal for subsidies from Miami-Dade County. The extended lease with Miami-Dade’s PortMiami would extend Carnival Corp.’s tenure there through 2028, with an option for Carnival to stay through 2035. Carnival pays rent, but it also receives subsidies in the form of revenue from nearby port garages and cash paid as “marketing” incentives to promote their Miami cruises. Miami-Dade also agreed to spend up to $10 million upgrading Carnival’s port terminals. That’s what you call a corporate handout.
Read Douglas Hanks and Hannah Sampson’s Miami Herald article here:
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