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  • 1 Post By hullexile

Genting Hong Kong (Cruise Operator) - Files to Wind Up ..

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  1. #1

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    Genting Hong Kong (Cruise Operator) - Files to Wind Up ..

    No clue how bookings to nowhere will be handled...

    In a filing to the Hong Kong exchange on Wednesday, Genting said the company will “imminently be unable to pay its debts as they fall due,” as liquidity dries up.

    The embattled cruise operator said it filed the application to wind up the company at the Supreme Court of Bermuda, after the company “exhausted all reasonable efforts to negotiate with the relevant counterparties under its financing arrangements.”
    https://www.cnbc.com/2022/01/19/gent...n-lawsuit.html

  2. #2

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    Quote Originally Posted by shri:
    No clue how bookings to nowhere will be handled...



    https://www.cnbc.com/2022/01/19/gent...n-lawsuit.html
    I won't hold my breath those who booked a cruise to nowhere can get a refund...

  3. #3

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    Quote Originally Posted by Coolboy:
    I won't hold my breath those who booked a cruise to nowhere can get a refund...
    Perhaps there is another cruise liner going to the same place
    greenmark likes this.

  4. #4

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    Quote Originally Posted by hullexile:
    Perhaps there is another cruise liner going to the same place
    Royal Caribbean.

  5. #5

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    Randomly saw this .. how does one read a ship her rights?

    A U.S. Marshall and a court-appointed custodian are ready to arrest the ship if it comes into port as scheduled Saturday morning in the Florida port city, according to J. Stephen Simms, the lead attorney representing Peninsula Petroleum Far East Pte. Ltd. who said he has been told of the plan.

    Peninsula Petroleum Far East filed a lawsuit in the U.S. district court seeking to recoup US$4.6 million in total unpaid fees for bunker fuel it has delivered to three of Genting’s ships since 2017. A U.S. federal district judge in Miami issued the arrest warrant for the Crystal Symphony Thursday, according to Simms and trade publication TradeWinds.
    https://www.thestandard.com.hk/break...tion/4/186321/