Star Cruises

Gaming checks send Star Cruises and Genting tumbling

Shares in Star Cruises fell as much as 21.4 per cent in Hong Kong trading yesterday and sister firm Genting International shed 17.07 per cent in Singapore at one stage after the city state's gaming regulator confirmed it was conducting suitability checks on the two firm

Thursday, 1 March, 2007, 12:00am

Net loss grows at cruise line

Star Cruises, the world's third-largest cruise operator, said fourth-quarter net loss widened by almost six times because of an impairment loss and higher interest payment.

Net loss was US$147.6 million for the quarter to December from US$25.7 million a year ago despite a 6.1 per cent increase in turnover to US$547 million.

23 Feb 2007 - 12:00am

Singapore probe puts Star Cruises-Ho alliance in doubt

Star Cruises, the world's third-largest cruise line, is reviewing its planned investment in a HK$4.7 billion Macau casino project to be operated by gaming magnate Stanley Ho Hung-sun.

15 Feb 2007 - 12:00am

Star Cruises, Stanley Ho team up on HK$4.7b casino hotel in Macau

Shares in Star Cruises, the world's third-largest cruise line, rose as much as 64.43 per cent yesterday and trading volume surged almost 8,000 per cent after the company unveiled plans for a HK$4.7 billion casino hotel in Macau as part of a partnership with gaming magnate Stanley Ho Hung-sun.

24 Jan 2007 - 12:00am

Star Cruises-Genting venture seeks S$3.38b for resort

A joint venture between Star Cruises and Genting International will seek at least S$3.38 billion (HK$17 billion) in debt from third parties to finance their planned S$5.2 billion Sentosa Integrated Resort in Singapore, according to a statement.

20 Dec 2006 - 12:00am

Star Cruises rating downgraded after orders for new ships

Moody's cites firm's weak earnings and financial profile after it buys two new vessels for HK$14.7b with option for a third

9 Sep 2006 - 12:00am

Star Cruises dives to US$68.9m loss

Firm's revenue grows 21pc but takes a hit on fuel costs and accounting losses

Star Cruises, the world's third-largest cruise liner behind Carnival and Royal Caribbean, dived to a loss in the first half despite a 21 per cent revenue growth, as income was eroded by soaring fuel costs and accounting losses related to its debt and investment.

16 Aug 2006 - 12:00am

Legco cruising for a terminal bruising

IT SEEMS WE are missing the boat again on proposals to build a new cruise terminal for an anticipated greater number of cruise passengers and the ever larger vessels on which they now travel.

30 Jun 2004 - 12:00am

Star Cruises slips into the red as costs rise

More gloomy results are expected for the second quarter because of Sars

Star Cruises, the world's fourth-largest cruise line operator, has reported a first-quarter net loss of US$5.04 million as fuel costs and other expenses increased.

It also warned its second-quarter results would be negatively affected by the Sars outbreak.

21 May 2003 - 12:00am

Shanghai considers cruise centre

The Shanghai government is considering a proposal to invest up to 10 billion yuan (about HK$9.37 billion) over the next five years building a 'cruise city' on the Shanghai waterfront to receive luxury liners and tap a new market among mainland tourists.

28 Apr 2003 - 12:00am

Forecast bleak for cruise operator

Star Cruises stands to lose an estimated US$3.8 million if it repositions two of its ships away from the lucrative Hong Kong and China markets for up to four months, says HSBC Securities.

The brokerage expects the company to report a net loss of about US$8 million for this year to December compared with a profit of US$84 million last year.

16 Apr 2003 - 12:00am

Cruise giant suspends services as crew fall ill

Star Cruises has cancelled the itineraries of two of its ships for up to four months after two suspected cases of severe acute respiratory syndrome (Sars) were discovered among crew members last week.

The company has suspended SuperStar Virgo cruises for this month and next and those of SuperStar Leo until August.

15 Apr 2003 - 12:00am

NEW HORIZONS FOR CRUISES

Star Cruises, established to tap the potential of the Asia-Pacific as an international cruise destination, has helped to develop an Asian cruise industry, attracting travellers from North America, Europe, Australia and Asia eager to discover the region.

12 Dec 2002 - 12:00am

Star Cruises charts sharp gains

Hong Kong-listed Star Cruises, the world's fourth-largest cruise operator, navigated the choppy waters following the September 11 terrorist attacks to post a sharp rise in net profit to US$22.96 million for the first half.

19 Aug 2002 - 12:00am

Selective discount

I am a local Chinese woman married to a British man.

We were recently attracted by a special offer from Star Cruises, which promises that 'every passenger is our personal guest'. The cruise that interested us went to Hainan and Vietnam and we decided to book.

17 Oct 2000 - 12:00am