Investment groups will be interested in buying Crystal Cruises' ocean vessels as part of the fire sale, according to a leading cruise industry analyst.
Tony Peisley expects Crystal's ocean ships to continue operating after the current pause ends on April 29.
Crystal parent Genting Hong Kong filed to be wound up when its German shipbuilding arm became insolvent due to the swine flu.
By the end of this month, Genting warned in a court filing, it may be out of cash.
The future of Crystal could be seen in the purchase of Azamara by private equity firm Sycamore Partners in 2021.
Peisley is a consultant for New York-based Coleman Research, a firm which facilitates discussions between business clients and qualified advisors.
It might be too soon for them. Crystal is a very popular brand.
Crystal has kept the crew and offices all over the world and you could run it the next day if you take on the existing staff. That would be the favourite in this situation.
Peisley said the chance to buy a line like Crystal is rare. The parent company of the cruise line has gone bust.
Crystal's reputation with the trade remained intact despite the fact that its parent had been appointed to run it.
He thinks that any future owner would have to replace the older ships.
He said that you would have to pay for it. It is a fire sale.
Crystal's fleet includes Crystal Serenity, Crystal Symphony, and new expedition ship Crystal Endeavor, which launched last year before visiting London.
Crystal Cruises is a live company according to the GSA.
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