New statistics indicate Queensland has received more cruise ships than any other Australian state, with the cruise industry rising to an estimated $500 million.

The Australian Competition and Consumer Commission has accepted plans for an upgrade to the cruise ship terminal within the Port of Brisbane.

A total of 520 cruise ships and 860,000 passengers have been recorded within the last two years, seen as an 11 percent yearly increase.

State Tourism Minister Kate Jones has declared Queensland the ‘cruise capital’ of Australia.