DRPA ending Phila. cruise ship terminal operation

CAMDEN, N.J. - January 5, 2011 -- Philadelphia's cruise ship terminal is going out of business.

The Delaware River Port Authority voted Wednesday to end its operation of the terminal, citing declining demand.

Officials of the bistate agency say the move will save $18 million in future renovation costs and produce immediate savings of $627,000 in operating expenses.

The number of ships departing from the terminal at Philadelphia's Navy Yard has declined from a high of 36 in 2006.

Only two cruises are scheduled for 2011. Officials say those departures will still be honored.

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