{"id":966,"date":"2023-03-05T20:52:48","date_gmt":"2023-03-05T17:22:48","guid":{"rendered":"https:\/\/www.leylaj.com\/en\/?p=966"},"modified":"2025-08-19T11:31:37","modified_gmt":"2025-08-19T08:01:37","slug":"a-fresh-saudi-backed-cruise-line-is-the-new-owner-of-cruises-ship-world-dream","status":"publish","type":"post","link":"https:\/\/www.leylaj.com\/en\/966\/","title":{"rendered":"A fresh Saudi-Backed cruise line is the new owner of Cruises ship \u201cWorld Dream\u201d"},"content":{"rendered":"\n

Cruises ship \u201cWorld Dream\u201d finished hosting gamblers with its former brand as the new owner decided to call it \u201cManara\u201d and assignment to work into a new line.<\/p>\n\n\n\n

One of collapsed cruise ship operator Genting Hong Kong\u2019s leading Asia-based cruise ships has been sold by liquidators in Singapore for US$330 million.<\/p>\n\n\n\n

World Dream, which came into line in 2017 to host the Asian market and with a capacity for 5,000 passengers, was snapped up in late February by Cruise Saudi \u2013 a relatively new arrival to the worldwide cruising industry and money-wise funded by Saudi Arabia\u2019s Public Investment Fund. By now the ship was given a new name \u201cManara\u201d and will now experience a renovation, Cruise Saudi confirmed.<\/span><\/p>\n\n\n\n

The ship is well known especially when three passengers aboard World Dream during 19\u201324 January 2020 were confirmed to have been infected by COVID-19, according to Washington Post<\/strong><\/a>.<\/p>\n\n\n\n

World Dream, which had before navigated under the Dream Cruises mark, was at the beginning listed for auction in December subsequent to the collapse of Genting Hong Kong prior in the year. With debts of just about US$3 billion, many of Genting Hong Kong\u2019s assets have already been sold off as well as two ships in the Caribbean under its old Crystal Cruises brand to new owners and others under the Star Cruises brand for scrap.<\/p>\n\n\n

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Former Dream Cruises ship World Dream sold to a new Saudi-backed cruise line for US$330 million<\/figcaption><\/figure>\n<\/div>\n\n\n

Disney Cruise Line correspondingly confirmed freshly the purchase of Global Dream \u2013 an incomplete 9,000-capacity ship that was being made by Genting Hong Kong at its Germany shipyards prior to its collapse.<\/p>\n\n\n\n

Genting Hong Kong\u2019s joint provisional liquidators are anticipated to approve the sale of the company\u2019s stake in Travellers International Hotel Group<\/a> \u2013 operator of Manila\u2019s Newport World Resorts \u2013 in the approaching months.<\/p>\n\n\n\n

In the past few days, Genting HK noted that its core remaining assets outside of cruise ship operations are its equity interest in Resorts World Manila and its interests in residential and hotel properties in China.<\/p>\n\n\n\n

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Nevertheless, none of this has stopped the majority holder of Genting Hong Kong, Genting Group Chairman and CEO Lim Kok Thay, from maintaining an interest in the cruise biz.<\/p>\nFormer Dream Cruises ship World Dream sold to new Saudi-backed cruise line for US$330 million<\/cite><\/blockquote>\n\n\n\n

Having since launched a brand-new cruise line named Resorts World Cruises (RWC), Lim exposed in January strategies to start sailings out of Hong Kong using one of Genting Hong Kong\u2019s former cruise ships, Explorer Dream, since rebranded as Resorts World One.<\/p>\n\n\n\n