Genting Hong Kong subsidiary teetering on insolvency amid protracted talks on German aid

Crystal Endeavor  undocked in Stralsund  (Courtesy MV Werften, Dec.2019)Cruise ship operator Genting Hong Kong Ltd’s indirect wholly-owned subsidiary MV Werften Holdings Ltd (MVWH) is reported to be teetering on insolvency as it finds itself in protracted negotiations with the German federal and state governments over long-promised financial assistance. (theedgemarkets.com)

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