Cunard Line today announced the sale of QE2 to Dubai World, in a USD100 million deal which will turn this iconic liner into a first-class tourism destination at The Palm Jumeirah in Dubai.
The QE2 will be delivered to Dubai World in November 2008, where she will cease her role as an ocean-going passenger vessel and be refurbished and adapted for her new home. From 2009, the vessel will be berthed at a specially-constructed pier at The Palm Jumeirah, the world's largest man-made island, to create a luxury floating hotel, retail and entertainment destination.
The ship, which was launched by Her Majesty The Queen in September 1967, 40 years ago this year, is the longest-serving ship in Cunard's 168-year history, and was their longest-serving flagship. Since she came into service in 1969, she has undertaken 25 world cruises, has crossed the Atlantic more than 800 times and has carried more than 2.5 million passengers.
QE2 has been purchased by Istithmar, the investment arm of Dubai World, a wholly owned company of the Government of Dubai. Nakheel, developer of The Palm Jumeirah, is also a Dubai World company.
Carol Marlow, president and managing director of Cunard, said: 'We are delighted that when her legendary career as an ocean liner ends there will continue to be a permanent home for her that will enable future generations to continue to experience fully both the ship and her history.'
Sultan Ahmed bin Sulayem, chairman of Dubai World, said:
Istithmar said its refurbishment programme will aim to recreate QE2's original interior décor and fittings. QE2 at The Palm Jumeirah will also include a museum celebrating the rich history of the ship.
