A huge unfinished cruise ship is likely to be sold as scrap because no one wants to buy it, the report said.


The cruise ship

The Global Dream is about 80% complete, bankruptcy trustee Christoph Mogen told German radio station NDR.Picture Alliance via Jens Butner / Getty Images

  • The semi-finished cruise ship Global Dream II may be sold as scrap, AnBord reported.

  • MV Werften was building a ship for a dream cruise. Parent company Genting Hong Kong declared bankruptcy in January.

  • The second ship – Global Dream – is about 80% complete, but it’s hard to find a buyer.

According to a report in the German cruise industry magazine, a huge unfinished cruise ship could be sold as scrap because no one wants to buy it after the manufacturer declares bankruptcy. Bord..

Bankruptcy trustee Christoph Morgen said at a news conference that attempts were being made to sell some of the GlobalDream II equipment and engines that were half-manufactured by the bankrupt German shipyard MV Werften, according to An Bord.

Later, the ship’s semi-finished keel (only the bottom of the hull is finished) will be sold as scrap, Mogen said.

MV Werften is owned by holding company Genting Hong Kong, both Filed for bankruptcy in January.. The shipyard was building a series of global class vessel vessels for Dream Cruises, one of Genting’s three cruise lines.

The other vessel in the series, Global Dream, was also incomplete and is currently sitting at the MV Werften dock in Wismar, northern Germany, An Bord reported. But earlier this month, the shipyard was sold to a manufacturer of naval vessels that would build vessels, including submarines, from early 2024, AnBord reported. This leaves a year and a half to shift the two Global Dream vessels.

Many parties have expressed interest in buying and terminating the Global Dream, but the bankruptcy trustee has not received the proper offer, Amboard said.

The Global Dream is about 80% complete, Mogen told a German radio station. NDR.. In its current state, the ship is buoyant and, according to An Bord, can be towed elsewhere if attached to a tugboat in the ocean.

However, the vessel is designed for operation in Asia and will cost a lot of money to redesign the cabin, deck and drive concepts if new owners want to deploy it elsewhere in the world. Amboard said it was necessary.

Swedish holding company Stena AB, which owns the ferry, was interested in buying Global Dream, but overcame the uncertainty of the Asian cruise market, including travel restrictions in China. Report..

If the vessel does not have a serious offer within the next few weeks, the Global Dream may be sold at auction and eventually purchased as scrap. Maritime executive The liquidator denied these allegations and reported that he claimed to be looking for a buyer.

Morgen did not immediately respond to Insider’s request for comment.

Work on the Global Dream will begin in March 2018, with ships Early 2021 As one of the largest cruise ships in the world. The 1,122-foot ship was intended to fit Over 9,000 passengers in 2,500 cabins Not only 2,200 crew members.

Dream Cruise said the cabin is about 15% larger than the ones available on other vessels and includes facial and voice recognition software. The ship is also Theme park..

Before MV Werften shut down in January, there were nearly 2,000 workers, according to Maritime Executive.

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