Cruise operator Genting Hong Kong said Wednesday it has filed to wind up the company, as its cash is set to run out by end of January.

In a filing to the Hong Kong exchange on Wednesday, Genting said the company will "imminently be unable to pay its debts as they fall due," as liquidity dries up.

The embattled cruise operator said it filed the application to wind up the company at the Supreme Court of Bermuda, after the company "exhausted all reasonable efforts to negotiate with the relevant counterparties under its financing arrangements.".

Trading of Genting Hong Kong shares were suspended on Tuesday, and will remain halted until further notice, said the firm.