Genting Hong Kong said one of its units has agreed to buy turnkey systems for new cruise ship vessels from Finnish shipbuilding contractor Almaco Group for a total of EUR83.2 million ($97.1 million).
The works, contracted through Genting’s MVWW unit, are expected to be completed by 2021.
Previously, Almaco has provided galley and pantry systems for Genting ships, as well accommodation and other areas.
“To fulfill the group’s cruise ship fleet expansion strategy, it is necessary for MVWW to procure the required equipment for the building of new vessels by contracting with premium-class suppliers that are more likely to guarantee the supply of high-quality, high-tech systems within an agreed delivery timeframe,” Genting said in a filing with the Hong Kong Stock Exchange.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
PUBG will not be able to return to India until at least March 21 as the company has been unable to secure a meeting with government officials to discuss the situation. The game, which previously was distributed in India by Tencent, was one of more than 100 apps banned on national security grounds due to their links to China.
Information from the Statistics and Census Service (DSEC) indicated that the number of visitor arrivals grew by 9.3 percent month-to-month to 636,351 in November 2020. However, this figure represented a year-on-year decline of 78.1 percent.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.