According to reports, Genting Cruise Lines’ second Global Class newbuild’s unfinished hull would be scrapped.

When MV Werften filed for bankruptcy earlier this year, the 208,000-ton vessel was in the early stages of construction at one of the shipyard’s facilities in Warnemunde, Germany.

According to reports citing insolvency administrator Christoph Morge, portions of the vessel’s systems and engines will be removed and sold before the half-finished hull section is marketed at scrapping costs.

Originally scheduled to enter service in 2023, the unidentified vessel was intended to be a sister ship to the Global Dream, also being built at the time at the German shipyard.

The 5,000-passenger cruise ship, scheduled to be delivered in late 2016, has been delayed.

The ship has been on the market for some months, sitting at MV Werften’s Wismar constructing dock with around 80% of its construction completed.

Stena Line, a Swedish ferry operator, reportedly dropped a purchase proposal in May, citing uncertainty in the Asian market – where the Global Dream was custom-designed to sail.

At the time, two other companies, including Genting’s Tan Sry Lim Kok Thay, were believed to be interested in the ship.

Meanwhile, ThyssenKrupp Marine Systems has purchased MV Werften’s former Wismar site and will depart the cruise shipbuilding sector.

According to industry insiders, the shipyard’s new owner intends to use it to build submarines, corvettes, and frigates beginning in 2024.

At maximum capacity, the Global Dream and its sister ship could accommodate up to 9,000 passengers, making them the world’s largest cruise ship by passenger capacity.

A theme park, eight sets of escalators, and a multi-theatre Cineplex were all included in the design of the ships.


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