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Two German shipyards filed for bankruptcy

... Star Cruises) and operates the resort casino Resorts World Manila in the Philippines, suspended trading in its securities on the Hong Kong Stock Exchange. Experts note that the main reason for the crisis of shipyards was a pandemic - the entire world tourism industry became its victim. In particular, Genting Hong Kong suspended payments of debt to its creditors in the amount of $ 3.4 billion back in August 2020, without fulfilling its obligations to repay this debt by the end of the year. In 2020,...

Modified: 01.12.2022
bankruptcy , bankruptcy of legal entities , Germany , MV Werften , Lloyd Werft , Genting , shipyards , cruise , tourism
Path: РусБанкрот - СМИ
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