GHK acquires Crystal Cruises

Genting Hong Kong (GHK) has acquired Crystal Cruises from Nippon Yusen Kabushiki Kaisha (NYK), for a total transaction of $550 million. GHK also announced a new chairman for the cruise line as well as promotions for its current senior management team.

Tan Sri Lim Kok Thay, executive chairman of the Genting Group and the former chairman of Norwegian Cruise Line, will assume the position of chairman for Crystal Cruises, replacing Nobuyoshi Kuzuya, who will return to NYK in a key executive position. Edie Rodriguez, who was previously president and COO with Crystal, will be promoted to president and CEO. Former Crystal Cruises Executive Vice-President Thomas Mazloum will be promoted to COO.

For more information, visit www.crystalcruises.com.