Italy Paying Cruise Lines Compensation for Venice Large-Ship Ban

The Italian government will pay 57.5m euros (CAD $81.8m) in compensation to cruise companies affected by the decision to ban large ships from Venice's lagoon. Italy's infrastructure ministry said that about 30m euros (CAD $42.7m) have been allocated for shipping companies that incurred costs in "rescheduling routes and refunding passengers who canceled trips" in 2021, and that another 27.5m eurosCAD $39.1m) was allocated for the terminal operator and related companies.

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