Posted on Tuesday, January 28, 2014 by Martin Cox
Media reports point to the sale of SAGA RUBY as finalized for use as a floating hotel in Myanmar.
Built on the Tyne in 1973 by Swan Hunter, as VISTAFJORD, she was the last passenger ship ordered by Norwegian America Line and the sole survivor of a quartet of iconic liners built after the Second World War. She is also the last large British-built, operational passenger ship and the longest lasting passenger ship in the history of British shipbuilding still in original condition and with her original engines.
SAGA RUBY was retired by Saga Cruises, ending her final cruise at Southampton on January 9th. She sailed the following day for Gibraltar and an unknown future. The sale is reported at $14 million and the buyer, Millennium View Ltd, an affiliate of a private equity fund from in Singapore. ISP, (International Shipping Partners), is expected to manage the ship.
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Related posts:
- SAGA RUBY To Be Retired
- A Last Look Inside SAGA RUBY
- Saga Expands Fleet?
- The End Of A Golden Era Of Cruising
- Cruise Ships 2012, The Year In Review: Saga Holidays / Fred. Olsen Cruise Lines
Source: http://www.news.myanmaronlinecentre.com/2014/01/29/saga-ruby-as-burma-hotel/
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