Crystal Suspending All Operations After Parent Company Files for Liquidation
byDaniel McCarthy/
Crystal Cruises is suspending all operations until at least the Spring.
In a letter to advisors sent on Wednesday, Crystal, which is owned by Genting Hong Kong, announced that it has suspended all its ocean and expedition operations through April 29, 2022, and river operations through the end of May 2022.
The company said that the suspension is an “opportunity to evaluate the current state of business" and "examine various options moving forward.”
All of the ships currently sailing—Crystal Serenity, Crystal Symphony, and Crystal Endeavor—will finish their current journeys, the last of which will end on Feb. 4. After that, Crystal will enter an indefinite suspension and an unclear future.
Crystal president Jack Anderson called the move “an extremely difficult decision but a prudent one given the current business environment and recent developments with our parent company, Genting Hong Kong.”
“ Crystal在30多年来一直是豪华巡游的代名词,我们期待在我们恢复运营时欢迎我们有价值的客人。我们要感谢我们的客人和旅行顾问在这些持续的挑战时期的不可思议的支持。”他补充说。
云顶已经在艰难的金融环境中工作了几年 - 在2020年8月,有消息传出,该公司,一个度假胜地和克鲁斯集团正在遇到财务困境,克里斯特尔(Crystal)发表声明说,这并没有倒闭。
The difficulties continued through the pandemic,一个时间段,包括出售Crystal的2015年乘客游艇Esprit, until, last week, Genting said it could face potential cross-defaults on some $2.8 billion of financing agreements stemming from the insolvency of MV Werften, a German shipbuilding subsidiary that was part of its portfolio.
On Wednesday, those issues came to a head when Genting, in a filing to the Hong Kong exchange, said it would “imminently be unable to pay its debts” and filed an application to wind up the company at the Supreme Court of Bermuda.
而水晶的未来仍不明朗,that filing Genting said that it expects the majority of its operations—Star Cruises, Dream Cruises, Resorts World theme park in Manila, and Crystal—to “cease to operate.”
Crystal will refund all monies to the original form of payment on file. If bookings were made via a Future Cruise Credit, Crystal said the full value will be returned to their account.