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In a rare glimmer of good news for the cruise industry, Genting Dream Cruises officially resumed sailing on Friday, with a trip to nowhere out of Singapore.
Genting Cruise Lines' World Dream mega ship set sail on a cruise to nowhere from Singapore on Friday night with stringent anti-Covid protocols put into place.
Genting Hong Kong’s results briefing provided some reassurance that the loss-making company will be able to raise enough funds from the investment community without needing other entities in the group to bail it out.
As the world struggles to get back to its feet, the Covid-19 pandemic has left the cruise community wondering if things will ever get back to the way they were before.
Genting HK said it’s delaying the delivery of two new ships by about a year and cutting other costs to mitigate the impact of the Covid-19 pandemic.
Genting Hong Kong’s Explorer Dream resumed operations over the weekend in Taiwan, with strict Covid-19 safety measures in place, including 22 isolation wards for any passengers who fall ill.
Royal Caribbean, Carnival Corp. and Norwegian Cruise Line Holdings all have a low risk of bankruptcy despite the crisis prompted by the Covid-19 pandemic, analysts at Nomura wrote in a note.
Genting Hong Kong, as part of its full year 2019, financial report, projected that the sectors it focuses on would suffer a “major setback”...
Genting Hong Kong, a cruise ship operator, says it expects to post an operating loss in the first half despite cost-cutting measures such as senior executives agreeing to forego their salaries until the end of the year.
Genting Hong Kong said it has raised $453.9 million through the sale of a stake in its Dream Cruises unit to help fund the expansion of its cruise business.
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