To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders
Click 'OK' then 'Allow' to enable notifications
| Last updated
One of world’s biggest cruise ships, Global Dream II, looks like it will never be sent off on its maiden voyage.
Instead, the huge vessel is expected to be sent straight to the scrapyard after its building company abandoned the project.
The 260,000-ton boat is likely to be removed from the dock and sold as scrap metal, according to The Guardian.
Despite the cruise ship being almost being completed on Germany’s Baltic coast, shipbuilder MV Werften has run out of money to continue to build, and no one wants to buy it.
Well, I mean, in the face of a cost of living crisis, we don’t blame people for not wanting to splurge on this kind of luxury.
MV Werften, a Hong Kong-German shipbuilding company, filed for bankruptcy in January and has struggled to generate funds to finish the ambitious plans.
Global Dream II intended to hold more than 9,000 passengers, and, along with its sibling ship, Global Dream, they would have been some of the largest cruise ships the world had ever seen.
But those dreams, unfortunately, have sunk harder than the Titanic and are likely never to come to fruition as MV Werften has unsuccessfully been able to find a buyer in recent months.
Administrator for the company Christoph Morgen said last week that the Global Dream II would soon be moved out of the shipyard because shipbuilding company ThyssenKrupp Marine Systems acquired the space following MV Werften being liquidated, according to the Maritime Executive.
ThyssenKrupp Marine Systems bought the Wismar yard from MV Werften as part of their plan to expand operations for Germany’s defence industry, a decision influenced mainly by Russia's invasion of Ukraine.
Morgen said of the purchase: “I am delighted that with Thyssenkrupp Marine Systems we have found a new owner who will uphold shipbuilding in Mecklenburg-Western Pomerania over the long term and even expand it wherever feasible.”
He also said that the German-Hong Kong shipbuilding company would continue to support its employees following the new takeover.
He added: “I am also aware that the road to a fresh start will be long for the employees of the shipyard.
"That is why I shall continue to do everything I can to shape the transition and to secure employment for as many employees as possible.”
Chosen for YouChosen for You
Most Read StoriesMost Read