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San Diego’s cruise business declined 70 percent in recent years because of the poor economy and violence in Mexico, said the Port’s cruise marketing representative. He anticipates the industry will recover. Port of San Diego photo.
San Diego on Tuesday had the rare occurrence of three cruise ships in port all at once. The region’s once faltering cruise industry is starting to make a comeback.
Three large cruise ships carrying nearly 5,500 passengers arrived in San Diego within a few hours of each other on Tuesday, giving a boost to the tourism industry.
Cruise ships are scheduled to make 77 stops in San Diego in 2013.
More at KPBS

Mosaic K1 potash mine near Esterhazy, Saskatchewan, Canada. Mosaic is the second largest Northern American producer of potash, with a current valuation of $26 billion. Analysts at Goldman Sachs claim that Mosaic is ‘the best option for an acquirer seeking to gain a foothold in the industry.’Potash producer Mosaic Co. (NYSE:MOS) is soon to become the prime industry target for takeover as shares owned by the founding Cargill family will become unrestricted on May 26th, Bloomberg reported Wednesday.
Potential tax consequences associated with the purchase of Mosaic will also expire later this month, opening the door even wider for an outright sale of the company.
BHP Billiton is seen as the front-running buyer candidate.
Mosaic’s stock was up 3.3% Wednesday to $64.30.
More at Mining.com

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