Heightened passenger demand for cruises has led Malaysia’s Genting Hong Kong to cut its expected loss in the first half of 2018.

The owner of Star Cruises, Crystal Cruises and Dream Cruises says consolidated net loss up to June 30 is now forecast to be in the range of $150m to $170m.

This compares with a loss of $205.4m, excluding the results of Travellers, in the corresponding period of last year.