Crystal Cruises
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| Subsidiary | |
| Industry | Transportation |
| Founded | 1988 |
| Headquarters | Los Angeles, Miami |
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Key people
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| Products | Cruises |
| Parent |
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| Website | www.crystalcruises.com |
Crystal Cruise Lines, most commonly referred to as Crystal Cruises, is an American luxury cruise line with its headquarters in Los Angeles in the United States. The line was established in 1988 as a wholly owned subsidiary of the large Japanese shipping company Nippon Yusen Kaisha (NYK).
Condé Nast Traveler magazine speaks highly of Crystal Cruise Lines, voting it Best Midsize Cruise Ship Line. The cruises offered by Crystal Cruises include an annual World Cruise on the Crystal Serenity of about 110 days in length.
In March 2015, NYK announced that it was selling Crystal Cruises to Genting Hong Kong (GHK), the owner of Star Cruises and a major shareholder in Norwegian Cruise Line Holdings. The transfer was expected to close within the second quarter of 2015.
The company was founded in 1988 and is notable for its two medium-sized, high-end ships, Crystal Symphony and Crystal Serenity, each of which carries about 1,000 guests. In 2003, the new Crystal Serenity entered service with Crystal Cruises. In 2005, the Crystal Harmony, was retired from the Crystal fleet and transferred to the parent company, underwent some renovations, renamed the Asuka II, and now caters to the Japanese cruise market as part of Asuka Cruises.
On March 3, 2015, NYK announced that it was selling Crystal Cruises to Genting Hong Kong (GHK), the owner of Star Cruises and a major shareholder in Norwegian Cruise Line Holdings. The sale price was US$550 million in cash, subject to certain adjustment items. Simultaneously, NYK announced that Crystal Cruises would be building a new ship, but did not provide any specifics, such as the new ship's size, or date of entry into service. In a statement accompanying NYK's announcement, GHK said that it would provide financial resources and proven expertise in innovative ship design, to build the new ship so as to set the highest standard in luxury cruise ships. On May 15, 2015, GHK announced that it had closed on the acquisition.
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