Tuesday, January 18, 2022
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

20 hours ago
Total Views: 1254

Thursday, January 13, 2022
Cruise Ships

MV Werften Insolvency Administrator Seeks Back Pay for Workers, Completion of Global Dream Cruise Ship

A court appointed insolvency administrator for German shipbuilder MV Werften is working on getting all 2,000 employees paid their December wages asap and will

January 13, 2022
Total Views: 3533

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: 947

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: 1935

Monday, January 10, 2022
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: 4819