SINGAPORE: the MS World Dream is scheduled to be auctioned on December 21, 2022
c: Changi Anchorage
The ship, built by Meyer Werft, was arrested by the German KfW IPEX-Bank after the bankruptcy of Genting Hong and auctioned off by court order.
The ship has 1,686 passenger cabins. According to the official sales advertisement, the ship has a capacity of 5,000 passengers, but the Meyer Werft estimates her capacity at 3,376 passengers.
Sealed bids are due by 3pm Singapore time on December 21, 2002 and the eyes of the cruise industry are on not just how much the ship sells but who emerges as the winner.
One factor that could play a role in bidding is that the ship was designed for the Chinese market.
World Dream is currently anchored at Changi General Purpose Anchorage in Singapore and extensive survey documentation on the Sheriff's website indicates that she is in good condition.
At whatever price the ship is sold, the court says the net worth of the bunkers on board is $1,175,887, which is up for sale and must be paid for by the buyer. The amount to be paid is non-negotiable.
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