Genting News

09 Oct 2020

MV Werften Gets EUR 193M Loan to Complete Crystal Endeavor

Credit: MV Werften

German shipbuilder MV Werften has said it has secured a 193 million euro loan from the German government to complete the new polar class luxury expedition ship Crystal Endeavor and to keep the shipyard in operation till March 2021. As reported back in April, Genting's Crystal Cruises announced the Crystal Endeavor's launch would be delayed due to the temporary closure of the MV Werften shipyards during the COVID-19 pandemic.The 164-meter, 20,000-gross-ton Crystal Endeavor was


26 Jul 2020

Taiwan Resumes Ocean Cruise Amid Pandemic

Explorer Dream (Photo: Genting)

Taiwan resumed an island-hopping ocean cruise on Sunday, joining a handful of places in the world to restart voyages after the coronavirus pandemic brought the industry to a virtual standstill.Some 900 holiday makers are adapting to new safety measures when boarding Genting Hong Kong’s Explorer Dream embarking from Taiwan’s northern Keelung port. The company now offers trips of up to five days from Taiwan to its scenic outlying islands of Penghu, Kinmen and Matsu.The cruise resumption is part of a government effort to boost a tourism industry badly hit by the pandemic.

17 Jul 2020

Cruise Shipping's Return: Genting Cruise Lines Gears Up for July 26 Sailing

Photo courtesy Genting Cruise Lines.

Genting Cruise Lines said it will be the first international cruise company to restart operations with the deployment of Dream Cruises’ Explorer Dream to Taiwan, where it will begin “Taiwan Island-Hopping” itineraries on July 26 2020.Upon the ship’s arrival in Keelung on June 40, 2020, Explorer Dream underwent a thorough deep cleaning in accordance with EU standard, in addition to her crew immediately beginning amandatory 14-day quarantine on land.Read a recent interview with Captain Havard Ramsoy


16 Jul 2020

Interview: Captain Havard Ramsoy, Genting Cruise Lines, Plotting the Return Course for Cruising

Captain Havard Ramsoy, Vice President, Marine Operations and Safety, Genting Cruise Lines

While COVID-19 has proven to be the biggest business disruption event in generations, for the once-booming cruise shipping industry it has meant a hard stop. Getting back to cruising will be neither fast nor easy. We reached out to Captain Havard Ramsoy, Vice President, Marine Operations and Safety, Genting Cruise Lines for insights on the path forward.Please give an overview of the Genting Cruise Ship fleet today, and COVID-19 and its impact on the Genting Cruise business.Throughout the unprecedented suspension of the global cruise passenger services due the COVID-19 situation


14 Jul 2020

SMM 2021: Plotting a Course Forward for the Global Maritime Community

Photo: ©Hasenpusch

As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share market overview insights on the economic consequences of the coronavirus pandemic throughout the the shipping industry.The Covid-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago


02 Jun 2020

DNV GL Launches Infection Prevention Certification for Maritime

Explorer Dream under the Dream Cruises brand is the first cruise vessel undergoing DNV GL's new certification in prefection prevention. (Photo: Genting Cruise Lines)

Classification society DNV GL launched a custom infection prevention certification aiming to help the maritime industry resume operations better prepared for COVID-19 or other emerging pathogens. Genting Cruise Lines is the first customer working toward the CIP-M certification for its cruise ship Explorer Dream under the Dream Cruises brand.As the coronavirus crisis begins to recede and the world begins moving to return to business, the cruise industry is sharpening its already strong focus on passenger health and safety.

17 Apr 2020

Crystal Endeavor Launch Delayed Due to COVID-19 Shipyard Closure

(Photo: MV Werften)

Genting's Crystal Expedition Cruises announced the launch of its new polar class luxury expedition ship Crystal Endeavor will be delayed due to the temporary closure of the MV Werften shipyards during the COVID-19 pandemic.The 164-meter, 20,000-gross-ton Crystal Endeavorc is currently berthed in MV Werften's Stralsund yard for final outfitting and was due to enter service in August before the shipbuilder in mid-March announced a four-week pause on operations at its locations in Wismar, Rostock and Stralsund due to the coronavirus outbreak.

17 Apr 2020

Singapore Mulls Placing Workers who Recover from COVID-19 on Cruise Ships

© saiko3p / Adobe Stock

Singapore is assessing whether migrant workers who have recovered from coronavirus might be safer on cruise ships than back in dormitories that have become infection hotbeds, despite problems controlling onboard outbreaks encountered elsewhere.The city-state has seen virus cases surge in sprawling housing complexes for foreign laborers, recording its biggest ever jump in cases on Thursday, and is looking for new accommodation solutions for hundreds of workers.Around 60% of the 4


15 Jan 2020

Wasaline Green Newbuild RoPax Moves Forward

Image: NAPA

The maritime software, services and data analysis provider NAPA has announced the signing of a new contract with the northernmost year-round ferry, Wasaline, for its newbuilding Aurora Botnia.When it launches in 2021 the Aurora Botnia will be the world’s first LNG/LBG battery ship with pods under the vehicle deck, as well as the world’s most environmentally friendly RoPax vessel.Under the agreement, NAPA will provide Wasaline with its industry benchmark software applications, NAPA Emergency Computer


13 Dec 2019

Genting Taps ABB to Propel next-gen Cruise Ships

Image courtesy ABB

Genting Hong Kong’s six ‘Universal Class’ ships will sport ABB power, propulsion and digital solutions, a  $175 deal for million contract to supply for the industrial giant.The six 286-m ships will be built at MV Werften, shipyards owned by Genting, for delivery in 2023-2024. Each will be outfitted with twin ABB Azipod electric propulsion units, delivering a combined power of 30 MW (40,230 HP), fueled by LNG.The Azipod propulsion system, where the electric drive motor is in a submerged pod outside the ship hull, can rotate 360 degrees to increase maneuverability and operating efficiency.

10 Dec 2019

New Cruise Ships Start Build in Germany

Image: MV WERFTEN Wismar GmbH

Genting Hong Kong and its Hong Kong–German shipbuilding group, MV Werften, announced a new Universal Class of cruise ships targeted at customers outside of Genting's cruise brand portfolio of Dream, Crystal and Star.The keel-laying of the second 208,000 gross ton Global Class ship for Dream Cruises took place December 10 at MV WERFTEN in Rostock.The midship section of the Global Class ship is being produced in Rostock. The transfer of the first 160,000 gross ton midship section


13 Sep 2019

Genting Cuts Steel for Dream Cruises at Werften

Genting Hong Kong’s Chairman and CEO Tan Sri Lim Kok Thay (left) and the Minister for Economic Affairs of Mecklenburg-Western Pomerania, Mr. Harry Glawe posed with a steel cut of Mecklenburg-Western Pomerania for Dream Cruises’ second Global Class ship. Photo: Genting

Cruise operator Genting Hong Kong (GHK) said that its unit Dream Cruises has launched the construction of the second Global Class cruise ship at German shipbuilder MV Werften  in Rostock-Warnemünde.“Production of Dream Cruises’ second Global Class ship commenced at MV Werften in Rostock-Warnemünde today, almost exactly a year after the keel laying of the flagship of the series," said Genting Hong Kong’s Chairman and CEO Tan Sri Lim Kok Thay while initiating at the press of a button the first steel cutting for the 342m long


04 Sep 2019

Expedition Cruise Market Powers Ahead

National Geographic Endurance for Lindblad. Source: Ulstein Verft AS

While nothing lasts forever, the cruise industry – and particularly the ‘expedition’ cruise sector – remain on a historic run with no indication of a near-term slowdown.The leisure travel sector, of which expedition cruising is a part, offers numerous possibilities for delivering new “experiences” unlike industrial shipping businesses (or even conventional ferry and passenger transport), which can only grow as fast as the demand in a particular sector.Though there is no precise definition of “expedition”


20 Aug 2019

Dream Cruises Wins $2.9Bln from KfW IPEX-Bank

Pic: KfW IPEX-Bank

KfW IPEX-Bank, leading a consortium consisting of six international banks, is structuring the financing of two cruise ships for Genting Hong Kong Ltd. and its brand Dream Cruises.The Global Class I and II ships are currently being built in the three shipyards of MV Werften located on the Baltic Coast in the German federal state of Mecklenburg-Western Pomerania.The financing package comprises around EUR 2.6 billion with a total investment volume of just under EUR 3.1 billion.The


08 Aug 2019

Genting HK Sells Stake in Dream Cruises

Image: Dream Cruises

Genting Hong Kong, a member of the Malaysian Genting Group, has reached an agreement to sell a 35% stake in global cruise ship company Dream Cruises to Canada’s TPG Darting, which is owned by TPG Capital Asia and Growth Funds.The company said the deal would strengthen its balance sheet as well as its ability to continue to expand its fleet in the cruise industry.The consideration for the 35% equity interest is US$489 million, valuing Dream Cruises total equity at US$1,397 million. With assumption of net debt of US$1,871 million, the enterprise value of the transaction is US$3,268 million.

17 Jun 2019

Royal Approval for Bolidt Cruise Contract

Photo: Bolidt

The installation of decking solutions from Dutch company Bolidt aboard one of the largest cruise ships ever to be built in Germany has received a royal seal of approval, after King Willem-Alexander and Queen Maxima of the Netherlands witnessed a contract signing at the Rostock facilities of yard group MV Werften. The agreement, formalized during a trade delegation visit, provides for Bolidt to supply a total of 17,000m2 of its innovative synthetic systems to the first Global class cruise ship for Hong Kong-based Genting Group’s Dream Cruises


14 Apr 2019

Dream Cruises Welcomes Third Ship

Pic: Dream Cruises

Dream Cruises, a luxury cruise line owned by Genting and based in China welcome “Explorer Dream” in Shanghai as the third ship in its Dream Cruises fleet.Dream Cruises held the christening ceremony for the former SuperStar Virgo at Shanghai Wusongkou International Cruise Terminal. Chinese designer Grace Chen served as the godmother and presented a fashion show with 18 models showcasing her 'Voyage' collection, walking a runway on the Palace Pool Deck."Formerly the “SuperStar Virgo” of sister brand Star Cruises


28 Nov 2018

MV Werften Rolls-out New Production Facility

Image: MV Werften

Hong Kong–German shipbuilding company MV Werften put into operation the laser-hybrid welding line in its new hall 11 for producing panels measuring up to 25 x 16 meters for the Global Class cruise ships.Mecklenburg-Western Pomerania’s Economics Minister Harry Glawe, representatives of Genting Hong Kong, MV Werften , the automation provider Pemamek as well as other project partners were present in the new Hall 11 when the plant produced its first weld seam.“The new plant enables


20 Sep 2018

Norwegian Marine Tech: In the Driver’s Seat

Earlier this summer Maritime Reporter & Engineering News ventured to Ålesund/Sunnmøre area of western Norway visiting local manufacturers and suppliers serving the global maritime industry and featuring a series of business and technology presentations by leading sector companies including Inmarsat, VARD Group, Ulstein Group, Brunvoll, Ulmatec, Jets, ABB Marine & Ports, Fostech AS and Rolls-Royce Marine. Tom Mulligan reports on new business developments and technology innovations


11 Sep 2018

Keel Laid for Dream Cruises’ New 204,000 gt Ship

© MV WERFTEN

A keel laying ceremony for Dream Cruises’ Global-Class flagship was held at MV WERFTEN’s Rostock shipyard today.At 204,000 gross tons and with 2,500 suites and cabins, the new cruise ship designed specifically for the Asian market will be the largest ever to be built in Germany. The first section measuring 22 meters long, 26 meters wide and weighing 410 tons, about half of the full keel, marks the start of construction.Approximately 1,000 shipyard employees, partners and guests attended event.

10 Sep 2018

MV WERFTEN Building Accommodation Facility

© MV WERFTEN

After six months of construction, shipbuilder MV WERFTEN and Genting Hong Kong, together with companies tied to the project and representatives of the city of Wismar, celebrated a traditional topping-out ceremony at MV WERFTEN's new accommodation facility – the MVW Alter Holzhafen Beherbergungsstätte. Partners and guests of the shipyard will be able to stay in the facility from 2019.MV WERFTEN will be investing just over 10 million euros in the accommodation project, which is designed to host MV WERFTEN's subcontractors


21 Aug 2018

MV WERFTEN Lays Keel for Crystal Endeavor

(Photo: MV WERFTEN)

German Chancellor, Angela Merkel and Mecklenburg-Vorpommern’s Prime Minister, Manuela Schwesig were among those in attendance at a keel laying ceremony for the world’s largest polar-class expedition yacht held Tuesday in Germany.The ceremony marked a construction milestone for the 20,000 gross ton luxury expedition yacht Crystal Endeavor, currently being built for Crystal Cruises at MV WERFTEN's Stralsund shipyard.“The keel laying of Crystal Endeavor here in my political hometown of Stralsund marks a special moment for me that is doubly significant


17 Apr 2018

German Shipbuilding: A Strong Vessel in a Heavy Sea

Launching of the W.B.Yeats at FSG. (Photo courtesy ©FSG)

While orders for new vessels have continued to decline worldwide in 2017, the situation in the German and European shipbuilding market is different, with an increase of incoming orders. As shipping experts state: “
this is not a trend but a snapshot, but it indicates a high competitiveness of the German shipbuilding industry, particularly on technologically advanced projects.”The global mood barometer of the maritime industry had reached its lowest point in 2016. From the abyss confidence and order have carefully increased


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