Genting Announces New Crystal Ship; Rodriquez Named CEO

Open Jaw

Edie Rodriguez

Genting Hong Kong (GHK) has announced that it has completed the acquisition of Crystal Cruises from Nippon Yusen Kabushiki Kaisha (NYK), for a total price of USD 550 million.

In other moves related to the purchase, GHK also announced that Tan Sri Lim Kok Thay, Executive Chairman of the Genting Group and former Chairman of Norwegian Cruise Line, will take on the role of Chairman at Crystal.

Crystal's existing senior management team also won promotions. Edie Rodriguez is now President & CEO, while 20+ year Crystal veteran Thomas Mazloum is elevated from E.V.P. to Chief Operating Officer.

“Genting Hong Kong is delighted and honoured to add Crystal to our global hospitality and leisure brands," said Tan Sri Lim Kok Thay. “We will ensure Crystal's reputation as “The World's Best and Most Awarded Luxury Cruise Line," by maintaining its integrity and work to continue elevating its status as the highest standard of luxury cruising."

The chairman says the current management team and crew will continue to lead Crystal's operation while Genting “will provide the financial resources and proven expertise in innovative ship design to deliver a new ultra-luxury ocean vessel by 2018."

“We look forward to ushering in a new era of luxury cruising with Genting Hong Kong's support," said Rodriguez.

With the support of GHK and its reputation for creating world-renowned leisure, entertainment and exquisite hospitality properties, Crystal is set to embark upon new opportunities that will expand our offerings for our guests and travel partners, as well as broader opportunities for our wonderful team of Crystal employees on land and at sea."

Established in 1993, GHK is part of the Genting Group, a global hospitality and leisure company with business in over 20 countries. GHK wholly owns Star Cruises and is a major shareholder of Norwegian Cruise Line.

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