Other Things You'll Want to Know - March 24, 2017

CND subscribers also read about:

• Norwegian Joy leaving the Meyer yard in Papenburg
• Carnival Elation receiving another perfect score
• AIDAvita going to Lloyd Werft for a major refit

Details appeared in the March 24 edition of Cruise News Daily.

Other Things You'll Want to Know - April 26, 2016

CND subscribers also read about:

• The Cake Boss exiting Norwegian Cruise Lines, but they won't be cakeless.
• Genting Hong Kong completing acquisition of three more German shipyards with impressive assents to help the company build ships for their three brands: Crystal Cruises, Dream Cruises and Star Cruises. 

The complete stories appeared in the April 26 edition of Cruise News Daily. 

A Different Approach

At the height of the cruise line building boom, cruise lines all expressed concern that they might not be able to get slots for their orders at shipyards when they needed them, so they worked around this by ordering ships farther out than they really wanted to, just to ensure they could get a slot which they could later trade between brands they owned.

Genting Hong Kong which is building ships for its three brands (Crystal, Star and Dream), today announced the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund (Germany) for 230.6 million Euros. Genting’s CEO, Tan Sri Lim Kok Thay, said the action, along with their recent acquisition of Lloyd Werft, will ensure that Genting could build the number of ships they will require over the next decade on their time schedule.

The complete story appeared in the March 2 edition of Cruise News Daily.

Genting Buys the Balance

Back in September when Genting Hong Kong announced their purchase of the majority stake in German shipbuilder Lloyd Werft Bremerhaven and its real estate affiliate Lloyd Investitions und Verwaltungs, they said they retained an option to purchase the remaining shares. Today they said they were exercising that option.

Details appeared in the January 4 edition of Cruise News Daily.

Genting Inks Deal to Acquire Lloyd Werft

Genting Hong Kong, the parent of Crystal Cruises and Star Cruises and a stakeholder in NCLH with their various brands, is getting into the shipbuilding business. The Asian-based company said today they have struck a deal to acquire a majority share of the German shipyard, Lloyd Werft which is located at Bremerhaven.

The complete story appeared in the September 17 edition of Cruise News Daily.

Other Things You'll Want to Know - August 6, 2015

CND subscribers also read about:

• After just ordering three ships for their Crystal brand, Genting Hong Kong is said to be considering taking a major stake in the builder, Germany's Lloyd Werft.
• The first crew member arrested on Quantum of the Seas was sentenced in US Federal Court yesterday for entering a sleeping woman's cabin in December and touching her.

The complete story appeared in the August 6 edition of Cruise News Daily.