Tagged: Genting Cruise Lines

Sale and Leaseback Deal for Genting Dream

The Genting Dream  (Courtesy Meyer Werft)Genting Hong Kong has announced that it has entered into a sale and leaseback agreement for the 2016-built Genting Dream. The company has sold the ship for $900 million or 80 percent of the closing market value (whatever is lower), in a deal involving three Chinese banks. (cruiseindustrynews.com)

Genting Hong Kong Sells Stake in Dream Cruises

The World Dream at Hong Kong (Courtesy Genting Cruise Lines)Genting Hong Kong announced that it has reached a deal to sell a 35 percent stake in Dream Cruises to Canada’s TPG Darting, which is owned by TPG Capital Asia and Growth Funds. The company said the deal would strengthen its balance sheet as well as its ability to continue to expand its fleet in the cruise industry. (cruiseindustrynews.com)

Genting’s Dream Cruises Leadership Change Won’t Rock the Boat

Dream Cruises (Logo)After four years of leading the launch and growth of Dream Cruises and Crystal Cruises Asia, Thatcher Brown has resigned, citing “personal family reasons.” Michael Goh, a loyal Genting Hong Kong executive, has succeeded Brown as president of Dream Cruises. Goh has also been named head of international sales for Genting Cruise Lines, which comprises Dream Cruises, Crystal Cruises, and Star Cruises. (skift.com)

Genting Cruise Lines Launches year-long Make-A-Wish® @ Sea Campaign across its ships in Asia

Genting Cruise Lines (Logo)In conjunction with the 25th Anniversary of Genting Cruise Lines and also in recognition of World Wish Day® on 29 April – an annual day that celebrates the granting of life-changing wishes to children with critical illnesses – Genting Cruise Lines is pleased to announce its year-long collaboration and commitment to Make-A-Wish® International with the launch of the Make-A-Wish® @ Sea fund-raising campaign across its Dream Cruises and Star Cruises fleet in the region. (more…)

Genting’s cruise business in transition

Genting Cruise Lines (Logo)Genting HK expected to continue incurring losses as it repositions itself with new ships. When the Lim family of the Genting group started the cruise business some 26 years ago, they were among the pioneers in Asia. (thestar.com.my)


Posted in: News

Genting Cruise Lines Celebrates Silver Anniversary in Singapore

Genting Cruise Lines (Logo)Genting Cruise Lines celebrated its silver anniversary with a special event held on board Genting Dream in Singapore on 14 December to commemorate the very first sailing of Langkapuri Star Aquarius from Singapore in 1993, beginning 25 years of supporting Singapore to become the premier cruise hub in Asia, handling the most international passengers in Asia. (more…)

Genting to Build New Ships for Star Cruises

Genting Cruise Lines (Logo)As part of its recent 25th anniversary celebrations, Genting Cruise Lines announced that it will build a series of Contemporary-class ships for Star Cruises. The first ship is expected to be delivered from company-owned MV Werften in 2023 for Asia’s leading contemporary brand. (cruiseindustrynews.com)

Start Of Production In New Shipbuilding Hall Complex at MV Werften

One of the most advanced welding plants in Europe was put into operation at the MV WERFTEN yard in Rostock today (Nov.28). Mecklenburg-Western Pomerania’s Economics Minister Harry Glawe, representatives of Genting Hong Kong, MV WERFTEN, the automation provider Pemamek as well as other project partners were present in the new Hall 11 when the plant produced its first weld seam. (more…)

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