Cruiseship group Genting Hong Kong has forecast a bigger net loss in the first six months due to increased competition and shipyard costs.

The deficit will be between $200m and $220m, it warned, against a loss of $73.7m a year ago.

The figures exclude the result of Travellers International Hotel Group, which is separately listed.

The Malaysian company, listed in Hong Kong, blamed an operating loss for Crystal Cruises due to a more competitive environment.