Crystal Cruises’ two oceangoing cruise ships, the Crystal Serenity and Crystal Symphony, sold for a combined $128 million, according to reports.\u00a0<\/p>\n
Bahamas newspaper The Tribune said that the Serenity, built in 2003, and the Symphony, built in 1995, were sold for $103 million and $25 million, respectively. The ships had been under arrest in the Bahamas since February after Crystal ceased operations following the the wind-up of parent company Genting Hong Kong. <\/p>\n
The news follows a report by Cruise Industry News that Silversea Cruises has purchased Crystal’s expedition ship, the Crystal Endeavor, which entered service last summer. Silversea declined to comment on the report.\u00a0<\/p>\n
The buyers were only reported as companies called CSE and CSY, described as likely special-purpose vehicles (SPVs) “created to acquire, and hold, the two now-former Crystal Cruises vessels, with CSE standing for “Crystal Serenity” and CSY for “Crystal Symphony”.”<\/p>\n
A source in the Tribune report said that the proceeds from the sale will be used to pay Crystal Cruises’ various creditors, with a court determining priority.<\/p>\n
According to CruiseMapper, the Serenity and Symphony have departed the Bahamas.<\/p>\n