The former Genting Hong Kong boss Lim Kok Thay is reportedly interested in acquiring the unfinished Global Dream.
The Former Genting Hong Kong boss Lim Kok Thay reportedly interested in acquiring the unfinished Global Dream.
The website CruiseHive reports that the former Chairman of Genting Hong Lim Kok Thay has contacted the court-appointed administrator for the bankrupt shipyard where the Dream was constructed.
Why is that Hutzpah? Because Genting Hong owned that shipyard, and when it closed because it ran out of money, it generated the entire company's financial downfall, which caused Crystal Cruises, Dream Cruises, and Star Cruise to cease operations.
According to reports, now Thay would like to pick up the unfinished Global Dream at a bargain price.
Mr. Christoph Morgen, the German court-appointed provisional insolvency administrator for the shipbuilder, does not think that will happen and said at a press conference, "My impression is that he would only like to buy it if nobody else would be interested to get it cheap and possibly to finish the ship somewhere else. Morgen added, I hope that we won't depend on this because we now have strong interest from many other possible investors."
If the shipyard owned by Genting Hong Kong had not gone belly up, the Dream was set to be the largest cruise ship by capacity ever built. The ship will probably get finished but it is unlikely that it will happen at its present location.