MIAMI — Miami-based Crystal Cruises, a pioneer in luxury cruising, said it’s suspending ocean voyages through the end of April, and its future after that was unclear Thursday as its Asian parent company warned investors it expects to run out of money by the end of the month.
Meanwhile, Crystal, founded in 1988, said in a statement that halting operations would give management “an opportunity to evaluate the current state of business and examine various options moving forward.”
Crystal’s suspension news came the same day its owner, Genting Hong Kong, announced in a filing Wednesday to the Hong Kong Stock Exchange that it will “imminently be unable to pay its debts” and would be liquidating the company.
