NEW YORK -- Philadelphia's 3-year-old cruise terminal is facing a
six-figure operating deficit this year following the December
bankruptcy of Commodore Holdings Ltd.
Crown Cruise Line, a Commodore division, was to have operated a
series of Bermuda cruises from the Philadelphia Cruise Terminal at
Pier 1 this summer aboard the Crown Dynasty.
The terminal opened to 14 ship calls in 1998, hosted 19 in 1999,
and had 26 calls last year. With Crown's departure, 10 calls are
projected for 2001, down from an earlier-planned 35. "It has left
us hanging, searching for another cruise line," said terminal
manager Jim Loeper.
The facility now serves mainly as an event venue and is facing
an annual operating deficit of around $170,000, according to port