CRYSTAL CRUISES DROPS ANCHOR IN CASH CRUNCH

Crystal Cruises will temporarily cease operations due to the financial issues of its parent company, Genting Hong Kong. A sudden statement said all future ocean cruises aboard Crystal are cancelled through April 29, 2022. All river cruises are suspended through the end of May 2022. Crystal Symphony, Crystal Serenity and the new expedition ship Crystal Endeavor will finish their current sailings and disembark passengers in Miami, Aruba and Ushuaia, Argentina, respectively. The four river cruise ships are laid up for the winter.

Crystal said suspending operations will provide its management team with “an opportunity to evaluate the current state of business and examine various options moving forward.” Genting, had been trying to refinance after the bankruptcy of a German shipyard it owns.

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Crystal Cruises Dropping Anchor in Cash Crunch