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During the Destination D23 event, we learned that the ship Disney Cruise Line acquired (Former Global Dream) and is completely redoing for the Singapore market will be named the Disney Adventure. (more…)
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MEYER Group will complete the build of the cruise ship under construction at the former MV Werften in Wismar for Disney Cruise Line. (more…)
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Disney announced the acquisition of a partially completed ship that will bring the magic of a Disney Cruise Line vacation to new global destinations. (more…)
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The team overseeing the resolution of the bankruptcy of Genting Hong Kong confirmed that a court in Bermuda has ordered the liquidation of the company’s remaining assets to proceed. (more…)
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After much uncertainty over the last months about what would happen with the largest cruise ship by passenger volume in history, there seems to be a buyer for Global Dream after all. (more…)
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An unnamed cruise vessel of nearly record proportions that has been under construction in Germany for an Asia-focused cruise line will be scrapped before sailing a single voyage, according to German shipping magazine anBord. (more…)
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According to news reports, the unfinished hull of Genting Cruise Lines’ second Global Class newbuild will be sold for scrap. The 208,000-ton vessel was in early stages of construction at one of MV Werften’s facilities in Warnemunde, Germany, when the shipbuilding complex declared bankruptcy earlier this year. (cruiseindustrynews.com)
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Genting Hong Kong had to make a quick exit from the cruise ship business earlier this year over financial troubles. Now, Genting Group, its parent company and the operator of casinos around the world, apparently isn’t ready to give up its dreams. (more…)
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The sale of Genting Hong Kong’s unfinished mega-liner Global Dream has already lured plenty of potential buyers, including billionaire ex-Genting boss Lim Kook Thay. (more…)
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The unfinished “Global Dream” rests quietly in a dock as the Covid-19 pandemic has turned the cruise ship into a nightmare for the shipyard in Wismar along Germany’s windswept Baltic coast. (thelocal.de)
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A German court has ruled against Genting Hong Kong as the cruise ship operator looks to access US$88 million in funding from the State of Mecklenburg Vorpommern. (asgam.com)
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Genting Hong Kong Ltd may file for provisional liquidation as soon as Tuesday after it wasn’t able to secure funds to help it stay afloat following an insolvency of its German shipbuilding subsidiary. (freemalaysiatoday.com)
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Genting Hong Kong, whose MV Werften cruise ship building unit filed for insolvency earlier this week, expects a court in Germany to publish its ruling on a dispute over funding to be published on 17 January. (cruisebusiness.com)
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MV Werften filed for bankruptcy protection on Jan. 10 according to German media reports. The shipbuilder, owned by Genting, has not paid December salaries to approximately 2,000 employees. (cruiseindustrynews.com)
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Shares of Genting Group were halted on the stock market on Friday as news reports out of Germany signaled problems for Genting-owned MV Werften. The yard recently completed the Crystal Endeavor with the huge Global Dream for Dream Cruises set to be delivered later this year, with a sister ship following in 2023. (cruiseindustrynews.com)
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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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ALMACO completed the areas onboard “Crystal Endeavor” on time prior to the vessel delivery. The steel-to-steel installation included interior and background outfitting. (more…)
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After the successful conclusion of the negotiations on the bridging loan (WSF), together with the representatives of the federal government, the state and the shareholder, and the first partial repayment of 193 million euros by the shipyard in June of this year, the shipyard group is currently focused on completion of the first Global Class ship, the “Global Dream” in 2022 and complete financing for the completion of the second Global Class ship in 2024. (more…)
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Today, (July 10, 2021), “Crystal Endeavor”, the first “Made in Germany” Polar Class 6 (PC6) luxury expedition yacht, cruised out of MV WERFTEN shipyard in Stralsund where she was designed and built accompanied by the sound of Crystal’s beloved sail away song “What a Wonderful World” by Louis Armstrong. (more…)
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Genting Hong Kong has revealed plans to build and manage a new line of cruise ships on behalf of international hotel brands. Speaking at a naming ceremony for the recently completed Crystal Endeavour at the company’s MV Werften shipyards in Germany on Saturday, Genting Hong Kong President and CEO Colin Au said the Universal-class ships will be “designed like airplanes, where function is more important than form, simplifying the design and production process and reducing costs, while allowing for customization by hotel and other brands.” (asgam.com)
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Today, June 25, 2021, Crystal Expedition Cruises announced Manuela Schwesig, Prime Minister of Mecklenburg-Western Pomerania, as the Godmother for new luxury expedition yacht Crystal Endeavor. (more…)
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Germany agreed Thursday to pump in 300 million euros to keep MV Werften afloat, after the pandemic knocked off kilter the shipbuilding subsidiary of Asian tourism and casino giant Genting. (macaubusiness.com)
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Crystal Endeavor | Start to the second Sea trial 20.05.21 (Reise Freund)
Crystal Expedition Cruises today announced the successful completion of the second and final sea trial for its new luxury expedition yacht Crystal Endeavor, marking another important milestone toward the upcoming delivery of the Made in Germany vessel from MV WERFTEN. (more…)
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Crystal Endeavor, the German-built, PC6-designated vessel for Crystal Expedition Cruises is on track to debut in Summer 2021. Originally set to launch in August of 2020, the ship’s construction was delayed as the global health crisis forced a shutdown of MV WERFTEN where Crystal Endeavor is currently under construction. (more…)
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Genting Hong Kong, Asia’s biggest cruise operator, is to get 193 million euros ($227 million) from Germany’s government for its struggling shipyards in the country, despite reservations over state handouts to foreign investors. The payment to the operator of the Star Cruises, Dream Cruises and Crystal Cruises lines will allow work at its shipyards in northeastern Germany, grouped under MV Werften, to carry on at least until March. (nikkei.com)
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Citing work stoppages due to the COVID-19 pandemic at MV Werften, the Crystal Endeavor now won’t enter revenue service until 2021. The new 200-guest Endeavor was originally poised to enter server this summer in Japan, coinciding with the Olympics. The ship also marks Crystal’s debut into the expedition market with a six-star vessel. (cruiseindustrynews.com)
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Last October, Dream Cruises and Maurer Rides announced the world’s longest roller coaster at sea on board the new Global Class cruise ship, Global Dream. (more…)
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Crystal Expedition Cruises | Crystal Endeavor Rollout | Stralsund, Germany | December 21, 2019
On Saturday, December 21st, Crystal Endeavor rolled out of MV Werften in Stralsund, Germany touching water for the first time in the most recent milestone for the polar class expedition vessel. Video footage from the shipyard gives viewers a close-up look of the roll-out process and aerial views of the ship, including its expansive deck space and helicopter pads. (more…)
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The keel-laying of the the second 208,000 gross ton Global Class for Dream Cruises took place on 9 December 2019 at MV WERFTEN in Rostock. (more…)
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The cruise ship “SuperStar Libra”, belonging to the Genting Group Hong Kong (Star Cruises), will have a new destination as a floating accommodation in Wismar on the MV Shipyard for shipyard workers and contractors from this month onwards. (more…)
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