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Crystal Cruises suspends operations following financial trouble at parent company

Crystal Expedition Cruises has revealed that its first expedition ship will sail its inaugural season around Iceland this summer.

Crystal Cruises has announced a temporary suspension in its cruise operations.

The move comes following the news that its parent company Genting Hong Kong had filed a winding up order, stating fears that it would run out of cash by the end of the month.

The luxury cruise line has halted cruises on its ocean and expedition itineraries through to 29 April 2022, while river cruises have been suspended to May 2022.

The line confirmed that Crystal Symphony, Crystal Serenity and expedition vessel Crystal Endeavor are all currently sailing but will return to port.

The cruise line is working on bringing passengers home.

Crystal Cruises president Jack Anderson said: “This was an extremely difficult decision but a prudent one given the current business environment and recent developments with our parent company, Genting Hong Kong.

“Crystal has been synonymous with luxury cruising for more than 30 years and we look forward to welcoming back our valued guests when we resume operations.

“We wish to thank our guests and travel advisors for their incredible support during these ongoing challenging times.”

In a statement, Genting said: “Certain business activities of the group, including but not limited to the operations of cruise lines by Dream Cruises Holding Limited, shall continue in order to preserve and protect the core assets and maintain the value of the group; however it is anticipated that majority of the group’s existing operations will cease to operate.”

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