Funchal to become hotel ship under Signature Living

Photo: Pinto

The 1961-built Portuguese cruise ship Funchal was sold at auction in Lisbon on December 5 to UK-based hotel chain Signature Living.

The vessel was sold for €3.9 million (US$4.42 million) with Signature Living outbidding three other interested parties.

The ship’s new owners intend to operate it as a hotel vessel permanently berthed in Central London.

Funchal has been laid up in Lisbon since January 2015 after its previous owner, Portuscale Cruises, went bankrupt.

Baird Maritime

Baird Maritime is one of the world's premier maritime publishing houses with headquarters in Melbourne, Australia and a publishing subsidiary in Hong Kong. The group produces two monthly magazines, Ausmarine and Work Boat World and a number of annual publications all focusing on various aspects of the commercial, government and military marine industries. It also presents this maritime portal.