
Administrator of the collapsed Genting Hong Kong group’s shipbuilding unit MV Werften in Germany is trying to secure the completion of the large newbuilding that remains at the yard, while two of the three ships of Crystal Cruises have been arrested for unpaid bills.
Global Dream, the 208,000 gross ton new building Dream Cruises has on order at MV Werften is about 75% complete, but a further €600 million would be needed to finish the work, according to a media report.
Christoph Morgen, administrator of the German shipbuilder, said that several parties have contacted him about the possibility of acquiring the ship, no serious offers have been put on the table as yet and securing one could be difficult. The deadline for bids is 1 March, according to a news report on the website of MTV3 in Finland.
Sixteen Finnish companies have supplied their products and services to the ship and the Finnish export credit agency Finnvera has exposure to the matter among several other organisations.
Meanwhile, authorities in the Bahamas are reported to have arrested two ships of Crystal Cruises, the Los Angeles based luxury segment unit of the Genting Hong Kong group.
Two Crystal Cruises’ ships held for debt
Crystal Symphony and Crystal Serenity were arrested following a court ruling in the US as a bunker supplier took legal action to obtain payment for fuel that it had supplied to the two ships.
The ships did not return to the US to disembark their passengers, but instead they had to leave the ships in the Bahamas and take a ferry back to the US.
Crystal Endeavor, the new expedition cruise ship of the company that was only delivered in the summer, has reportedly disembarked its passengers in Ushuaia in Argentina. According to MarineTraffic.com that follows the movements of shipping, the vessel is due to arrive olin Montevideo in Uruguay on 10 February.
World Dream, one of the two ships of Dream Cruises, is currently in Indonesian waters after sailing from Singapore on 6 February. Genting Dream, its sister vessel, is at an anchorage outside Hong Kong, where it arrived on 4 February, the same source shows.




