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Cruise Line Suspends Cruises Via April 29 After Mother or father Firm Runs Out of Money

Crystal Cruises, a luxurious cruise line based mostly in Miami, Florida, has suspended all cruises by means of April 29, 2022 after their dad or mum firm, Genting Hong Kong, filed for liquidation.

Crystal Cruises has suspended all ocean and expedition cruises by means of April 22, 2022 and all river cruises by means of the tip of Might 2022. The cruise line mentioned that suspending sailings will give them a chance to judge their present state a enterprise and to look at choices for transferring ahead.

The cruise line at present has three ocean ships in operation. Crystal Serenity and Crystal Symphony are crusing to the Caribbean and their one expedition ship, Crystal Endeavor, is crusing to Antarctica. The ships will droop operations after they end their present cruises.

“This was an especially tough resolution however a prudent one given the present enterprise surroundings and up to date developments with our dad or mum firm, Genting Hong Kong,” mentioned Jack Anderson, Crystal’s president. “Crystal has been synonymous with luxurious cruising for greater than 30 years and we look ahead to welcoming again our valued company once we resume operations. We want to thank our company and journey advisors for his or her unimaginable help throughout these ongoing difficult instances.”

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Crystal Cruises mentioned that company who have been booked on one of many canceled cruises will mechanically obtain a full refund to the unique type of fee.

Genting Hong Kong filed for liquidation on Wednesday after they have been unable to obtain financing preparations to maintain them from defaulting on funds. They mentioned that they’ll “imminently be unable to pay its money owed as they fall due” and run out of money by the tip of the month.

Genting Hong Kong, along with Crystal Cruises, additionally owns Dream Cruises and Star Cruises which function in Asia.



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