Global Dream II, a 9,000-Passenger Cruise Ship, is Heading to a Scrapyard for Its Maiden Voyage
Those who enjoy going on cruises won't get to experience what it's like to board the Global Dream II.
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Those who enjoy going on cruises won't get to experience what it's like to board the Global Dream II.
The constellation of German shipyards built up by the now-bankrupt cruise operator Genting Hong Kong...
Lim said it would have survived had the new German government ‘honoured their obligations’ on US$620m in credit to help MV Werften continue building a cruise ship.
SINGAPORE: Genting Hong Kong Ltd warned it may seek court assistance to safeguard its assets, after failing to secure funding to help it stay afloat following the insolvency of its German shipbuilding subsidiary.
FRANKFURT, Jan 12 ― Asian tourism and casino group Genting accused a German state of failing to pay out money promised as part of a rescue plan for its now-insolvent shipbuilding subsidiary MV Werften. Negotiators for Mecklenburg-West Pomerania “presented a mechanism that hid the political...