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May 12, 2016

Genting Hong Kong signs €3.5bn contract with Lloyd Werft for ten new ships

Genting Hong Kong has signed a contract order worth around €3.5bn with Germany's Lloyd Werft Group to build ten ships, comprising two mega cruise ships for Star Cruises, and eight vessels for Crystal Cruises.

By Srijanee Chakraborthy

<a href=Genting” class=”halfleft” src=”https://www.ship-technology.com/wp-content/uploads/image-digitalinsightresearch/Archive/nri/ship/Genting_global%20class%2013%20May.JPG” />

Genting Hong Kong has signed a contract order worth around €3.5bn with Germany’s Lloyd Werft Group to build ten ships, comprising two mega cruise ships for Star Cruises, and eight vessels for Crystal Cruises.

The vessels are expected to be delivered over the next six years, reported businesstimes.

The order includes two global-class of ships for worldwide cruising each measuring 201,000 gross tonnage (gt) with 5,000 lower berths for Star Cruises.

“Passengers on our global-class ships will enjoy an international class cruise experience to all parts of the world.”

Delivery of the global-class series of ships is scheduled to begin between 2019 and 2020 starting with one ship per year and eventually increasing to two ships a year.

The design of the first two global-class ships replicates Chinese characteristics and are claimed to be the first purpose-built cruise ships deployed for the contemporary Chinese market.

Genting Hong Kong chairman Tan Sri Lim Kok Thay said: "Passengers on our global-class ships will enjoy an international class cruise experience to all parts of the world, yet in an environment where they will feel at home, whether it is food, culture, shows, enrichment programmes or excursions.

"With the first two ships, we are focused on delivering a world-class vacation experience for Chinese cruise passengers at an affordable price whilst enjoying fun-filled on-board and on-land adventures in many cities in the most seamless way, without the necessity of checking-in and checking-out of airports and hotels."

The order also includes the building of another eight new vessels for Crystal Cruises, which will comprise six river ships and another two larger ocean-going ships.

In an attempt to accelerate the delivery of sufficient number of vessels, Genting acquired four shipyards in Germany to form the Lloyd Werft Group, which is expected to build two mega ships of over 200,000gt each, and a mid-size ship of 50,000gt per year.


Image: Genting Hong Kong signs contract to build ten cruise ships. Photo: courtesy of Genting Hong Kong Limited.

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