The sale of GHK-Genting Hong Kong's unfinished liner MS Global Dream lured plenty of potential buyers, including the billionaire Lim Kook Thay (Genting Group's Chairman and Board Executive).
GHK, the bankrupt parent company that shuttered Crystal Cruises after two vessels (Serenity and Symphony) were seized for unpaid fuel bills, is now looking to sell what is being billed as the world’s largest cruise ship by passenger capacity.
Global Dream, which is still unfinished in a German shipyard, is expected to become a 9500-passenger cruise liner when she is finished.
Due to the bankruptcy, the GHK's shipbuilding subsidiary MV Werften was placed into insolvency by a German court. It's been assigned to an administrator, Christoph Morgen, who is responsible for selling Global Dream.
According to Morgen, there was a “significant number” of companies looking to buy not only Global Dream but some who would like to buy GHK's subsidiary Dream Cruises, too.
Global Dream reportedly cost ~USD 2 billion but is said to need a half-billion to be completed.
Dr. Morgen has not confirmed the price tag for the ship's sale, but revealed he was looking for "completion costs plus a little on top".
Interested parties and serious investors have been visiting the shipyard with delegations and requesting details about the vessel.
According to Morgen, Mr. Lim was among those who had expressed early interest in the sale and believed he was looking to buy the cruise ship cheaply and take the build elsewhere. The billionaire resigned as Genting's chairman & CEO days after the company went into insolvency.