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Thursday, March 23, 2023
Crystal Cruises Left Passengers Out $100 Million. Can That Same Debt Win Them Back?
Cruise Ships

Crystal Cruises Left Passengers Out $100 Million. Can That Same Debt Win Them Back?

By Fran Golden (Bloomberg) — When Genting Hong Kong’s American luxury line Crystal Cruises shutdown suddenly in February last year it

March 23, 2023
Total Views: 4640

Sunday, June 19, 2022
Giant Cruise Ship’s Maiden Voyage May Be To A Scrapyard
Cruise Ships

Giant Cruise Ship’s Maiden Voyage May Be To A Scrapyard

By Rainer Buergin Jun 19, 2022 (Bloomberg) –An unfinished mega-liner that was to be one of the world’s biggest cruise ships by capacity is sitting

June 19, 2022
Total Views: 43227

Tuesday, March 1, 2022
destiney-cruise-ships
Cruise Ships

Bankrupt Cruise Ship Departs On Last ‘Cruise To Nowhere’

By Kyunghee Park (Bloomberg) –Singapore will lose one of the two ships offering cruise-to-nowhere trips from the city, after Genting Hong Kong Ltd.’s

March 1, 2022
Total Views: 142246

Saturday, February 19, 2022
Buyer Needed ASAP For World’s Biggest Cruise Ship
Cruise Ships

Buyer Needed ASAP For World’s Biggest Cruise Ship

By K. Oanh Ha and Arne Delfs (Bloomberg) A number of potential buyers are lining up for Genting Hong Kong Ltd.’s Global Dream — the unfinished

February 19, 2022
Total Views: 34359

Wednesday, February 16, 2022
Demise of Crystal Cruises Leaves Customers Out $100 Million—or More
Cruise Ships

Demise of Crystal Cruises Leaves Customers Out $100 Million—or More

By Fran Golden (Bloomberg) — Last week, the most-awarded luxury cruise line in the industry, Crystal Cruises, unceremoniously shuttered its

February 16, 2022
Total Views: 15944

Tuesday, February 15, 2022
Cruise Ship Construction
Cruise Ships

Bankrupt Cruise Line’s Unfinished Ship Attracts Investor Interest

By Arne Delfs (Bloomberg) Billionaire Lim Kok Thay is among several investors interested in purchasing the Global Dream mega luxury liner that was under

February 15, 2022
Total Views: 50064

Thursday, February 10, 2022
Genting Hong Kong’s Crystal Cruises Said to Be Closing Up Shop
Shipping

Genting Hong Kong’s Crystal Cruises Said to Be Closing Up Shop

By K. Oanh Ha (Bloomberg) — Genting Hong Kong Ltd.’s Crystal Cruises is shutting down its U.S. office and terminating employees, according to a person

February 10, 2022
Total Views: 8907

Monday, February 7, 2022
CRYSTAL_SYMPHONY
Cruise Ships

Bahamas Arrests Two Luxury Cruise Ships For Unpaid Fuel Bill

By K. Oanh Ha (Bloomberg) Two Crystal Cruises ships operating under a Genting Hong Kong unit have been seized in the Bahamas after a fuel supplier sought

February 7, 2022
Total Views: 13995

Saturday, January 29, 2022
Cruise Ship Construction
Cruise Ships

Bankrupt Cruise Line Billionaire Blames Germany

by Rachel Butt (Bloomberg) Lim Kok Thay, the former chairman of the resort and cruise ship company Genting Hong Kong, which slid into provisional liquidation

January 29, 2022
Total Views: 21201

Monday, January 24, 2022
cruise ship Global Dream
Cruise Ships

Billionaire Cruise CEO Resigns After Ordering Ship To Evade US Marshals

By Krystal Chia and K. Oanh Ha (Bloomberg) –Genting Hong Kong Chairman and Chief Executive Officer Lim Kok Thay resigned, days after the company filed to

January 24, 2022
Total Views: 30233

Saturday, January 22, 2022
cruise ship genting dream
Cruise Ships

How A Billionaire’s Global Cruise Empire Imploded In Hong Kong

By Yantoultra Ngui (Bloomberg) –Lim Kok Thay started a cruiseferry and gambling boat business in 1990s Hong Kong and turned it into one of Asia’s

January 22, 2022
Total Views: 20208

CRYSTAL_SYMPHONY
Cruise Ships

U.S. Marshals Ready To Arrest Luxury Cruise Ship For Unpaid Fuel Bill

By K. Oanh Ha (Bloomberg) The Crystal Symphony, a luxury cruise ship operated by financially-strapped Genting Hong Kong , will be seized to repay $1.2 million

January 22, 2022
Total Views: 165223

Friday, January 21, 2022
destiney-cruise-ships
Cruise Ships

Would You Book A Bankruptcy Cruise To Nowhere? Genting Still Selling Tickets After Appointing Liquidator

By K. Oanh Ha (Bloomberg) Genting Hong Kong Ltd., the biggest cruise operator worldwide to seek court assistance to safeguard its assets during the pandemic,

January 21, 2022
Total Views: 23040

Wednesday, January 19, 2022
Cruise Operator Genting Hong Kong Files to Wind Up Company
Cruise Ships

Cruise Operator Genting Hong Kong Files to Wind Up Company

By Kyunghee Park and K. Oanh Ha (Bloomberg) — Genting Hong Kong Ltd. has filed to wind up the company in one of the biggest stumbles by a cruise

January 19, 2022
Total Views: 2075

Tuesday, January 18, 2022
Genting Hong Kong Looks to Liquidation as Funding Dries Up
Cruise Ships

Genting Hong Kong Looks to Liquidation as Funding Dries Up

By Kyunghee Park and K. Oanh Ha (Bloomberg) — Troubled cruise operator Genting Hong Kong Ltd. warned it may seek court assistance to safeguard its

January 18, 2022
Total Views: 3792

Thursday, January 13, 2022
Genting Cruise Ship Shares Plunge 56% Due To Omicron Outbreaks And Shipyard Insolvency
Cruise Ships

Genting Cruise Ship Shares Plunge 56% Due To Omicron Outbreaks And Shipyard Insolvency

By Lorretta Chen (Bloomberg) –Troubled cruise operator Genting Hong Kong Ltd. plunged by a record Thursday after shares resumed trading, following

January 13, 2022
Total Views: 2195

Tuesday, January 11, 2022
cruise ship genting dream
Cruise Ships

Genting Hong Kong Says MV Werften Insolvency to Spark Defaults

By Lorretta Chen (Bloomberg) Genting Hong Kong, the troubled cruise operator controlled by Malaysian tycoon Lim Kok Thay, warned Tuesday of more defaults due

January 11, 2022
Total Views: 2183

Monday, January 10, 2022
Cruise Ship Builder MV Werften Files for Insolvency in Germany -Reports
Cruise Ships

Cruise Ship Builder MV Werften Files for Insolvency in Germany -Reports

German cruise ship builder MV Werften filed for insolvency on Monday leaving the fate of the shipyard and its 2,000 employees uncertain, according to reports.

January 10, 2022
Total Views: 5888

Monday, August 2, 2021
destiney-cruise-ships
Cruise Ships

The Cruise-To-Nowhere Trend

By Will Davies (Bloomberg) — Genting Hong Kong Ltd., the operator of giant cruise ships, is piling into the trip-to-nowhere game in its home market,

August 2, 2021
Total Views: 1985

Wednesday, December 9, 2020
False-Positive COVID Diagnosis Shows Challenges of Cruise Shipping’s Return
Cruise Ships

False-Positive COVID Diagnosis Shows Challenges of Cruise Shipping’s Return

By Kyunghee Park (Bloomberg) — A Royal Caribbean Cruises Ltd. ship on a four-day pleasure trip was forced to return to port in Singapore and confine

December 9, 2020
Total Views: 3935
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