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There are several versions of this article out there now:

Basically, it's been a cash cow so government has been reluctant to impose an regulations regarding sizes or quantities. It appears (to me, and others) that this needs to change.

Either the national government or the city, both controlled by Prime Minister Viktor Orban’s Fidesz party, could have acted to limit the number of ships and boats operating in Budapest; the national tourism agency grants permits to sightseeing vessels, while the city controls access to the docks.

“City officials were warned about the dangers of too much traffic,” said Gabor Demszky, the mayor of Budapest from 1990 to 2010. “But they failed to act. It is a very profitable business.”
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