| Genting Chair to start new cruise line?

GENTING Group Chair Lim Kok Thay has registered ‘Resorts World Cruises’ in Singapore, barely two months after the company’s Dream Cruises brand ceased operations (CW 01 Mar).

According to documents seen by The Straits Times, Resorts World Cruises was incorporated on 09 Mar, with two directors listed.

Upon the collapse of Dream, it was suggested Lim was interested in purchasing the three-quarters-complete Global Dream, which was set to be the folded line’s newest and largest ship.

After Genting Hong Kong defaulted on its loans in Jan, provisional liquidators were appointed to manage debts totalling almost USD$3 billion.