CRYSTAL Cruises has distanced itself from a Florida ship broker’s claim it wants to sell its river fleet. The cruise line “emphatically” denied the accuracy of the email sent by the broker to European river lines suggesting its river ships could be “developed for sale”, and the assertion it was...
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CRYSTAL Cruises has distanced itself from a Florida ship broker’s claim it wants to sell its river fleet.
The cruise line “emphatically” denied the accuracy of the email sent by the broker to European river lines suggesting its river ships could be “developed for sale”, and the assertion it was a “very serious seller”.
Crystal also denied it had a contractual relationship with the broker, with the cruise line’s legal team issuing it a cease and desist order.
The company’s parent, Genting Hong Kong, recently secured new money facilities of US$700 million, completing the recapitalisation of the group, and amending & extending its debt of US$2.6 billion, after a period of financial turmoil (CW 30 Jun).
The financing is in order to fund the completion of the recently christened Crystal Endeavor (CW 28 Jun), which will also be the recipient of 313 million of post-delivery funding from existing lenders.
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