• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 1 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Genting Hong Kong signs HK$760 million turnkey agreement for fit-out of new cruise ships

Newsdesk by Newsdesk
Wed 27 Jun 2018 at 05:37
Genting Hong Kong signs HK$760 million turnkey agreement for fit-out of new cruise ships

Genting Hong Kong’s newest ship, World Dream, launched in Hong Kong in November 2017

Print Friendly, PDF & Email

Gaming investor Genting Hong Kong has announced an agreement with Finnish marine turnkey company Almaco to supply turnkey works for its under-construction fleet of cruise ships due for completion in 2021.

Under the terms of the agreement, signed by Genting Hong Kong’ wholly-owned German subsidiary MV Werften Wismar GmbH (MVWW), Almaco will provide a range of services for the fleet including cabins, wet units, public spaces, galleys, provision stores, refrigeration machinery and complete living quarters.

The total cost of the works will be HK$759.2 million, to be paid in instalments as certain delivery points are met.

In a filing to the Hong Kong Stock Exchange on Tuesday, Genting Hong Kong said, “To fulfill the group’s cruise ship fleet expansion strategy, it is necessary for MVWW to procure the required equipment for the building of new vessels by contracting with premium-class suppliers that are more likely to guarantee the supply of high-quality, high-tech systems within an agreed delivery timeframe.

“MVWW selected Almaco based on Almaco’s experience as a supplier of turnkey works for the global marine industry as well as its reputation as a supplier with the technical knowledge to design and construct systems complying with the requirements and within the time constraints for the vessels.”

Genting Hong Kong, which is also a joint venture partner in Travellers International Hotel Group – owner of Resorts World Manila – has sold off most of its stake in Norwegian Cruise Line Holdings over the past 12 months in order to invest more heavily in construction of its own casino cruise ships.

The company launched its newest cruise ship, World Dream, in Hong Kong in November 2017.

RelatedPosts

Tim McNally to retire as NagaCorp chairman, Philip Lee named successor

Tim McNally to retire as NagaCorp chairman, Philip Lee named successor

Thu 22 May 2025 at 17:58
Resorts World Manila changes name to Newport World Resorts

Manila’s Newport World Resorts to strengthen online gaming platform in response to growing E-Games segment

Thu 22 May 2025 at 05:16
Southern Son

Newport World Resorts bucks Manila gaming trend as revenue, profit up sharply in 1Q25

Fri 16 May 2025 at 16:00
Total racing turnover down 4.5% in latest Hong Kong Jockey Club season on challenging economic conditions

Hong Kong Jockey Club announces initiative to transform into global sports entertainment brand

Tue 13 May 2025 at 05:24
Load More
Tags: AlmacocruisesGenting Hong KongHong KongHong Kong Stock ExchangeMVWWNorwegian Cruise Line HoldingsResorts World ManilaTravellers International Hotel GroupWorld Dream
Share2Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

10 Years Ago – Reimagining Sri Lanka

Sri Lanka gazettes draft bill to establish Gambling Regulatory Authority

by Newsdesk
Sat 31 May 2025 at 06:03

A draft bill that would establish an official regulator for the Sri Lankan gaming industry, to be known as the Gambling Regulatory Authority, has taken another step forward after being gazetted. According to the Sri Lanka Mirror, the official announcement...

RGB International signs agreement to distribute KL Saberi and Atlas gaming machines

After record-breaking sales in 2024, Malaysia’s RGB sees 1Q25 profit fall to

by Newsdesk
Sat 31 May 2025 at 05:53

Malaysian gaming product distributor RGB International Bhd has reported group-wide revenue of MYR73.6 million (US$17.3 million) for the three months to 31 March 2025, down 65% year-on-year due to a lower number of products sold. The figure was also 79%...

Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

by Ben Blaschke
Fri 30 May 2025 at 06:42

Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased domestic and regional competition and the rise of online gambling across Asia for sustained flatness in the...

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

by Ben Blaschke
Fri 30 May 2025 at 05:38

Industry figures taking part in the Thai Entertainment Complex Roundtable (TECR) next Thursday 5 June hope to find common ground with those who oppose Thailand’s Entertainment Complex Bill, citing the opportunity to use an evidence-based approach to achieve outcomes that...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English