Cruise ship Genting Dream to start trips from Singapore under new Resorts World Cruises brand & More News Here

NEW COMPANY ‘NOTHING TO DO’ WITH GENTING HONG KONG

Although the new firm has taken over the Genting Dream vessel, it maintains that Resorts World Cruises is separate from Genting Hong Kong.

It can be at the moment in negotiations with banks and events to receive two different ships previously operated by Dream Cruises – Explorer Dream and World Dream.

“The provisional liquidator could not revive the (Dream Cruises) brand and so, we worked with the Chinese lessors who are the owners of the ship and decided to restart the cruise under the Resorts World brand,” mentioned Resorts World Cruises’ CEO and government director Colin Au, who was previously deputy CEO of Genting Hong Kong.

“This new brand has got nothing to do with Genting Hong Kong, it’s a new cruise brand,” he added.

Mr Lim and Mr Au each resigned as CEO and deputy CEO of Genting Hong Kong respectively in January this 12 months, after the cruise operator filed to wind up the enterprise.

Trading of Genting Hong Kong’s shares has been suspended since Jan 18, and can stay so till additional discover. 

In May 2021, Genting Hong Kong, which is a part of Malaysia’s Genting Group, reported a internet lack of US$1.7 billion in 2020, amid journey restrictions put in place due to the COVID-19 pandemic.

“Genting Hong Kong is under provisional liquidation, and (Mr Lim) is not joining any of the companies under provisional liquidation. This is a new cruise liner that is being set up,” Mr Au reiterated when requested about Mr Lim’s position within the new firm.

Mr Lim, who’s the manager chairman of Resorts World Cruises, holds shares within the new firm, mentioned Mr Au.

“There are many parties who would like to join the company and there are negotiations with them, and so this will be a work in progress in the next couple of weeks,” mentioned Mr Au, including that this needs to be finalised “in the next few weeks”.

LAUNCH OF NEW CRUISE IS IN “EVERYBODY’S OBJECTIVE”

When requested concerning the timing of the launch of the new ship, which can come about six months after Genting Hong Kong filed to wind up its enterprise, Mr Au mentioned it was in “all people’s goal to return to regular … as quick as doable” to shield jobs and to assist the economic system develop.

In response to CNA’s queries, an organization spokesperson mentioned it has re-employed about 1,700 of its former staff based mostly in Singapore. This contains 1,600 former crew members from Genting Dream and about 70 former staff from its Singapore workplace.

In March, The Straits Times reported that at the least 60 staff from Genting Hong Kong’s Singapore workplace had been laid off, with no retrenchment advantages.

When requested concerning the remuneration packages for re-employed workers members, Mr Goh mentioned this may be “based on experience” and didn’t disclose additional particulars.

Mr Au mentioned the launch of the new cruise can even assist to give the Singapore Cruise Centre extra income.

Noting the sturdy market urge for food for cruises within the area, together with Thailand, Malaysia and India, Mr Goh expressed confidence that Resorts World Cruises can be in a position to meet demand.

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