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 assets, after failing to secure funding...
The capsized Costa Concordia cruise liner is pictured after the start of the “parbuckling” operation outside Giglio harbour September 16, 2013. Engineering teams began lifting the wrecked liner upright on Monday, the start of one of the most complex and costly maritime salvage operations ever attempted. The operation will see the ship rotated by a series of cranes and hydraulic machines, pulling the hulk from above and below and slowly twisting it upright. REUTERS/Tony Gentile (ITALY – Tags: DISASTER SOCIETY MARITIME)
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