bcla
On our rugged Eastern foothills.....
- Joined
- Nov 28, 2012
- Messages
- 25,813
Can't make this up. A judge ordered that the ship would be seized and apparently sold to pay off the bills, so they diverted to the Bahamas. If they can't afford the bills, I'm thinking they're probably not going to reimburse the passengers and (maybe) crew who have to find an alternate way home and/or had travel plans based on their schedule.
Looks like they've been having problems for some time where the company is in liquidation. I guess this might save this particular asset before it's seized.
The Crystal Symphony, a luxury cruise ship operated by financially-strapped Genting Hong Kong Ltd., will be seized to repay $1.2 million in unpaid fuel bills if it docks in Miami, amid reports the vessel is being diverted to the Bahamas after a U.S. court issued an arrest warrant.
A U.S. marshal and a court-appointed custodian are ready to arrest the ship if it comes into port as scheduled Saturday in the Florida city, according to J. Stephen Simms, the lead attorney representing Peninsula Petroleum Far East Pte. Ltd. who said he has been told of the plan. Ship-tracking data indicates that the vessel docked in the Bahamas on Saturday evening, where a U.S. arrest warrant can’t be executed.
An arrest warrant has been issued for Crystal Cruises' Crystal Symphony due to unpaid fuel bills, according to case documents obtained by USA TODAY. The warrant enables authorities to take custody of the ship.
Now, passengers have been on board an extra day as the ship changed course and avoided docking in Miami where it might have been met by a U.S. marshal.
On Saturday, the ship sailed toward Bimini after skirting its planned disembarkation. Initially, the ship was meant to return to Miami on Saturday, ending a round-trip cruise that began Jan. 8, according to Cruise Mapper. Crystal Cruises' parent organization, the Genting Group, owns Resorts World Bimini, and the Crystal Symphony is a Bahamas-flagged vessel.
Looks like they've been having problems for some time where the company is in liquidation. I guess this might save this particular asset before it's seized.
Genting Hong Kong has filed a winding-up petition in Bermuda, after the bankruptcy of its shipyard in Germany triggered US$2.78 billion of debt and forced Asia’s largest operator of sea cruises to be liquidated.
The owner of Dream Cruise Holding appointed Alvarez & Marsal’s Edward Simon Middleton and Tiffany Wong Wing-sze as provisional liquidators, according to a filing on Wednesday to the Hong Kong stock exchange. Alvarez & Marsal declined to comment when contacted by the Post.