Occupancy levels on Dream Cruises’ programme in Taiwan has soared since the operation was launched in July and Explorer Dream that operates the itineraries is now sailing near full operational capacity, Genting Hong Kong said in a statement/
With the support from authorities in Taiwan, Dream Cruises’ Explorer Dream was given the approval to operate two, three and four night “Taiwan Island-Hopping” cruises departing from Keelung to Kinmen, Penghu and Matsu islands –making Taiwan one of the earlier markets to reopen cruise travel.
“The market response to the Explorer Dream deployment in Taiwan is very encouraging with regulated first sailing at occupancy rate of 50% on 26 July 2020 rising progressively to 96% on the 23 to 26 August 2020 cruises. The Group was informed by the Hainan Commercial Bureau today that Dream Cruises is welcomed to commence domestic cruise operation from Sanya,” Genting Hong Kong said.
The company is also in the process of negotiation with other regional governments to start domestic cruises. “These initiatives provide more visibility in the future of the Group and the leadership role of the Group to re-start cruising after COVID-19,” it said.
The group that also owns Star Cruise, Crystal Cruises and the MV Werften shipyard in Germany, reported a net loss of $742.6 million for the first half of the year, including an impairment charge of $386.6 million.
“As COVID-19 crisis continues to unravel, the Group is unable to predict with certainty the ultimate impact it would have on the Group’s business, its financial condition and its short or long-term financial performance. As a result, the Group expects to report a net loss for the year ending 31 December 2020,” Genting Hong Kong said.
At the end of last month, Lim Keong Hui, executive director, resigned and Colin Au plus Chan Kam Hing Chris were appointed as executive directors of the company.
