In an interview with MercoPress, Buenos Aires Port Authority officials admitted to a struggling cruise business at Argentina’s number one port.

“We’re paying the consequences of bad management. It’s a highly competitive market and in our Southern hemisphere latitude we have formidable and well developed destinations such as Oceania and South Africa. Cruise companies organize with up to four years anticipation, but here in Buenos Aires they could only schedule with two years at the most. This scares any global corporation,” said Gonzalo Mortola, from the Buenos Aires port authority, in the article with MercoPress.

Buenos Aires peaked above 500,000 passengers in the 2012-2013 cruise season, but will see about 300,000 for 2016-2017.

Other challenges include port fees, with Argentina increased to $14 per passenger per port without warning in 2015.