The 2017 built ship has a 5,000 passenger capacity and measure 150,659 gross metric tonnes.
The ship was listed as sold on Friday by the Singapore Sheriff’s Office, however the buyer at the price was not disclosed.
The sheriff has put World Dream up for auction following its arrest in March 2022 by Kfw IPEX-Bank in Singapore however it drew little interest.
It has been rumoured that Cruise Saudi purchased the ship for a number of weeks.
World Dream is the sister ship of Genting Dream, that is currently sailing for Resorts World cruises on charter from a number of Chinese banks that bought the ship for $900 million (roughly $1.3 billion AUD) in 2020, prior to the collapse of Genting Hong Kong.
“Cruise Saudi is a 100% Public Investment Fund-owned business based in Jeddah and works hand in hand with ministries and regulatory authorities to build the offshore and onshore cruise ecosystem with the aim of positioning Saudi as a premier global cruise destination,” their website states.
“Cruise Saudi has completed two successful seasons thus far; welcoming 50,000+ passengers and five major international cruise lines; and in the future, aims to attract more cruise lines and 1.3 million cruise passengers to experience Saudi via sea by 2035.