It’s not too late for America’s cruise ship industry to come back, but a lack of new ships is hurting sales.
The U.S. cruise ship market grew by 7.2% in 2016, according to data from the ShipTrackers Cruise Ship Tracker, a research firm that tracks shipping trends.
That’s a far cry from the 10.2 percent increase it saw in 2015.
The cruise ship trade was $3.3 billion in the first half of 2017, according the report, which includes passenger and cargo ships.
But there’s no indication that the cruise market is picking up steam, according.
“There’s a lot of momentum for the cruise industry, and it’s going to take a long time to get to a level where it’s comparable to the growth of the other industries,” said Mark Johnson, CEO of the International Cruise Lines Association, a trade group that represents cruise lines.
Johnson said the cruise ships industry has a long way to go.
“You need to be able to go out and buy a ship and have the luxury of having it built in the United States,” he said.
“That’s not going to happen overnight.”
Johnson said he expects the cruise lines industry to grow at its current pace in the next few years.
The industry has been struggling to attract new ships, however, as its business model is dominated by long-haul passenger ships.
The industry also has been slow to develop new technology, and has often relied on older ships, including the old Baja California.
The first ships were built in England and in France, and are designed for a particular market.
But that market is shrinking fast.
A new study from the Pew Charitable Trusts found that by 2040, there will be only four U.K. passenger cruise lines, the largest market.
A similar number of ships will be built in India and China.
In the U.Y.S., there are four cruise lines: Carnival Corp., which owns cruise lines including the popular Carnival Princess, Carnival Triumph, the Carnival Group, and Carnival Cruises.
Carnival Cruizes owns the St. Croix and the St Lawrence.
Cruise ships have been the mainstay of the U