MadameConcorde
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Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 2:23 pm

Dubai World will have to meet their debt situation. Deloitte was called in therefore Dubai World will have to follow their advice. If sold, as there is no doubt it will be, the QE2 will go to the highest bidder.

http://news.bbc.co.uk/2/hi/business/8400248.stm

'On Monday, Abdulrahman al-Saleh, director-general of Dubai’s department of finance, said Dubai World could sell some of its foreign investments and real estate holdings, which include the QE2 cruise liner and Cirque du Soleil, the Canadian circus operator.

“There is nothing to prevent [Dubai World] selling these assets,” Mr Saleh told Al-Jazeera, the Arab satellite channel.

http://www.ft.com/cms/s/0/cbbc3e24-e356-11de-8d36-00144feab49a.html

After going to Dubai to see her arriving one year ago in the place that was said to be her final home, I may have to plan another trip to see her leaving.

Let's hiope a serious buyer will present itself so the majestic ocean liner does not end up in the hands of a scrap merchant and on to Alang like her sister France/Norway.

 Yeah sure  Confused
There was a better way to fly it was called Concorde
 
AverageUser
Posts: 1824
Joined: Tue Oct 23, 2007 6:21 pm

RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 4:14 pm



Quoting MadameConcorde (Thread starter):
end up in the hands of a scrap merchant and on to Alang like her sister France/Norway.

The Alang folks are probably not too hot for any cruise ships. Too much effort when there's a plentiful supply of straightforward bulk carriers to scrap.
 
Kiwirob
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RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 4:49 pm



Quoting MadameConcorde (Thread starter):
Let's hiope a serious buyer will present itself so the majestic ocean liner does not end up in the hands of a scrap merchant and on to Alang like her sister France/Norway.

Seriously what could you use the QEII for? Any conversion to a hotel is going to require her being gutted, she is way to expensive for anyone to operate as a cruise ship, plus without her name most of the cachet is gone. Sometimes it's better to see a grand ship scrapped than being humiliated and used for a purposed she was never intended for.
 
N1120A
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RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 5:32 pm



Quoting MadameConcorde (Thread starter):
Cirque du Soleil, the Canadian circus operator.

I really don't see that being a huge holding, given that Guy Laliberté still owns 95% of his company.

Quoting KiwiRob (Reply 2):
Sometimes it's better to see a grand ship scrapped than being humiliated and used for a purposed she was never intended for.

The Queen Mary has maintained much of her grandeur since being permanently moored and converted into a hotel. The reality is that, while the QE2 is an Ocean Liner and far more capable than a bog standard cruise shit, she has always been a hotel. Just a hotel that moves along water.
Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
 
na
Posts: 9211
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RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 6:56 pm

They should either moor her in Southampton or NY.
Southampton could turn her into a hotel/convention center, rent out the restaurants, plus they could move the Liner museum aboard and some harbour officials offices, plus of cause the local Cunard offices. Those offices are better fitting onboard QE2 than in some anonymous ugly office building of which the city has a lot.
NYC could moor her alongside the Intrepid aircraft carrier, move offices there plus the inevitable hotel, upmarket shopping mall and restaurants aboard. The lower decks could be turned into low cost accomodation (Hostel/YMCA). They could also sell the upper deck suites as flats to private people.
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 7:09 pm

Southampton would make the most sense of course. I would be very happy if she returned there. It would be easy for us to go and visit her.

The word was that Saga Rose was going to be put on display and take the available space but she is being sent to scrap so that leaves the space free for QE2. Maybe this is a good sign.

Now how much would it cost the new owner to sail the Old lady back to Southampton? They would need a crew, I am sure Captain Warwick would contribute his time and expertise so would other retired Captains and Masters. Her last Master is now sailing the Queen Victoria so he porbably isn't available and there would be contract terms with Cunard that might be broken if he sailed the QE2 again.

They would have to go through the Perrsian Gulf, the, Red Sea, the Suez Canal to Alexandria, theu up to Italy, Barcelona, Gibraltar, the Atlantic and make stops on the way the same they did on their way down. I am not sure if they would get a Royal Navy Frigate to sail along for the trip, well maybe.

This possible sailing back to the UK will be at a huge cost for the buyer. Anyway let's hope that things will turn for the better and we can see the Old Lady back in Southamton some day soon. I just can't imagine what a huge party that would be on the day she gets in. Again let's hope for the better!
There was a better way to fly it was called Concorde
 
na
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Joined: Sun Dec 12, 1999 3:52 am

RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 8:53 pm



Quoting MadameConcorde (Reply 5):
The word was that Saga Rose was going to be put on display and take the available space but she is being sent to scrap so that leaves the space free for QE2. Maybe this is a good sign.

Southampton wanted to preserve the (rather insignificant) Saga Rose, but turned down the QE2 two years ago?
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Tue Dec 08, 2009 9:20 pm



Quoting NA (Reply 6):
turned down the QE2 two years ago?

It is rather Cunard (or much rather Carnival) that turned down the offer made by a consortium in Southampton to buy the ship for the asked price of £50M instead they sold it to Nakheel bypassing Southampton.

So this happened the other way around. Those responsible are Carnival/Cunard selling the ship to Dubai.

We will find out soon enough what will happen to the Liner.
There was a better way to fly it was called Concorde
 
Kiwirob
Posts: 10158
Joined: Mon Jun 13, 2005 2:16 pm

RE: Who Will Be The QE2's New Owner?

Wed Dec 09, 2009 8:16 am



Quoting N1120A (Reply 3):
The Queen Mary has maintained much of her grandeur since being permanently moored and converted into a hotel. The reality is that, while the QE2 is an Ocean Liner and far more capable than a bog standard cruise shit, she has always been a hotel. Just a hotel that moves along water.

I've been on board the Queen Mary and she is in pretty poor condition, the ship was pretty much gutted, the rooms made bigger and she has IMO lost a lot of what made the QM the QM.

The rooms on the QEII aren't all that big, hence the plans to cut her in half and float in another section, QEII was a magnificent liner but not a very good cruise ship.

So if she does end up in Southampton what are they going to do with her? I bet she will end up a white elephant, she would be very expensive to operate as a tourist attraction.
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Wed Dec 09, 2009 11:53 am

Nakheel put her in dry dock and gave her a good wash out with new coats of paint. From what I heard and from the pictures that were sent to me, she looks all beautiful docked at the pier at Port Rashid Cruise Terminal.

We can't blame them for repainting her, they thought she was going to sail to CapeTown to be used as a hotel for the 2010 Football World Cup. Things have now turned different. Dubai World will have to sell a lot of their assets among which most probably the ports (Cape Town is one of them) and the QE2.

Unless the Crown (The Queen) decides to buy her, and I wish she would, I don't see who will be able to put down the cash to buy the ship in these days of economic downturn.

No one has any idea of how she looks inside. She sounded her foghorn and whistles when the QM2 went to Dubai and left the harbour. A very sad scene as they left Port Rashid leaving the Big Sister QE2 behind.

http://www.youtube.com/watch?v=VzZ21hR8DLI&feature=related

If by some ill fate she was sent for scrapping, I hope we will be able to get some QE2 parts and memorabilia just the same as we were able to get Concorde parts and memorabilia after they were grounded.

I still have the two room keys from the QE2 and other room paraphernalia along with other QE treasures. The rooms were small, yes, but the great thing on QE2 as it was on France was that Single rooms were available for us lone sailors. No other cruise ships are providing single rooms they all charge a hefty supplement.

Maybe we will have to get QE2 back to doing transatlantics. I will book the first voyage.
There was a better way to fly it was called Concorde
 
na
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RE: Who Will Be The QE2's New Owner?

Wed Dec 09, 2009 4:28 pm



Quoting KiwiRob (Reply 8):
I've been on board the Queen Mary and she is in pretty poor condition, the ship was pretty much gutted, the rooms made bigger and she has IMO lost a lot of what made the QM the QM.

When were you there? Its about 10 years I was there and back then Queen Mary was looking allright. Not perfect, but test condition I´ve seen on a major museum ship.

Quoting KiwiRob (Reply 8):
So if she does end up in Southampton what are they going to do with her? I bet she will end up a white elephant, she would be very expensive to operate as a tourist attraction.

The high operating costs are what could kill her, I agree. But from ALL ships afloat today, the QE2 must be no.1 on the list of ships worth preserving. Britain as country should preserve her. The British Heritage is preserving so many castles and other places, they should add the QE2 to that.
 
Kiwirob
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RE: Who Will Be The QE2's New Owner?

Wed Dec 09, 2009 5:19 pm

I was in Long Beach in 2005, Carnival were using the QM as the checkin facility for cruises to Mexico, we took the time to have a good look over the ship and she did look pretty rough.
 
babybus
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RE: Who Will Be The QE2's New Owner?

Thu Dec 10, 2009 12:48 pm

I think the QE2 should be brought back to the Thames and made part of a British design exhibition. If it was parked down in Docklands I think a lot of people would visit it.

Some things should never leave the UK; Concorde, QE2 and the Royal family.
and with that..cabin crew, seats for landing please.
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Thu Dec 10, 2009 8:29 pm

Sheikh Mohammed bin Rashid al-Maktoum, Dubai’s ruler, was still out of the country on Friday having spent last weekend visiting Gordon Brown, the UK prime minister, and the Queen.

http://www.ft.com/cms/s/0/f6ff23f4-d...catid=76&SID=google&nclick_check=1

Perhaps HM Queen Elizabeth II is missing her own royal yacht and made an offer on QE2.  Confused  Yeah sure

Dubai property subsides further after scrapping of rescue merger

http://business.timesonline.co.uk/to...on_and_property/article6950924.ece
There was a better way to fly it was called Concorde
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Mon Dec 14, 2009 8:33 am

AD will pay the bill... so I guess the QE2 will stay in Dubai.
Let's wait and see what's next. Probably more bailout money coming from AD.

 Yeah sure

Abu Dhabi gives Dubai $10bn to help meet pay debts

Dubai's government has announced it has been given a $10bn (£6.13bn) handout from United Arab Emirates neighbour Abu Dhabi to help it pay off its debts.

http://news.bbc.co.uk/2/hi/business/8411215.stm
There was a better way to fly it was called Concorde
 
MadameConcorde
Topic Author
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RE: Who Will Be The QE2's New Owner?

Sun Dec 20, 2009 10:27 am

Latest news updates that may concern the QE2's future.

The Sunday Times
'Hundreds of bankers from all over the world will flood into Dubai tomorrow to meet high-level representatives of the struggling emirate and begin to establish what can be salvaged from the implosion of Dubai World, the government-controlled conglomerate.

http://business.timesonline.co.uk/to...ing_and_finance/article6963000.ece


Dubai World to face creditors with repayment plans
"Many lenders have advanced money on the basis that the emirate was not going to let Dubai World default on its obligations," said a market source. "However, the company was set up by a decree that explicitly says that the government and ruler are not responsible for its debts."

http://www.independent.co.uk/news/bu...-with-repayment-plans-1845584.html
There was a better way to fly it was called Concorde
 
Ozair
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RE: Who Will Be The QE2's New Owner?

Sun Dec 20, 2009 10:39 am



Quoting N1120A (Reply 3):
than a bog standard cruise shit

Was that a typo or do you just not like cruising....  Wink
 
ME AVN FAN
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RE: Who Will Be The QE2's New Owner?

Sun Dec 20, 2009 12:15 pm



Quoting NA (Reply 4):
Southampton could turn her into a hotel/convention center, rent out the restaurants, plus they could move the Liner museum aboard and some harbour officials offices, plus of cause the local Cunard offices. Those offices are better fitting onboard QE2 than in some anonymous ugly office building of which the city has a lot.

This would seriously upgrade Southampton, which is a bit behind if compared to nice Bournemouth, beautiful Exeter and elegant Plymouth.
 
na
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Joined: Sun Dec 12, 1999 3:52 am

RE: Who Will Be The QE2's New Owner?

Sun Dec 20, 2009 2:27 pm



Quoting ME AVN FAN (Reply 17):
This would seriously upgrade Southampton, which is a bit behind if compared to nice Bournemouth, beautiful Exeter and elegant Plymouth.

Southampton is a rather rough looking place, no very well kept. I´ve been there several times. There isnt much to attract visitors.
 
MadameConcorde
Topic Author
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RE: Who Will Be The QE2's New Owner?

Mon Dec 28, 2009 11:08 am

In Shipping - Today & Yesterday (January 2010)
Cruise Ship Report, page 8
" Following the revelations about the financial crisis in Dubai, there are renewed fears about the future of QE2. The financial stability of Nakheel Ltd, the liner's owners, was questioned in our May edition and, despite the company's denial at that stage, it seems that our assessment of the situation was correct with Nakheel in serious difficulties. The QE2 is now almost certainly to be sold, with the Alang breakers the most likely bidders."

http://www.shippingtandy.com/index.html

 Sad

The Guardian
Dubai World disappoints banks over debt repayment
• Dubai World banks unhappy over debt restructuring plans
• HSBC to chair committee dealing with Dubai World

http://www.guardian.co.uk/business/2009/dec/21/dubai-world-dubai
There was a better way to fly it was called Concorde
 
MadameConcorde
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RE: Who Will Be The QE2's New Owner?

Mon Jan 04, 2010 8:36 pm

I was sent this picture of the QE2 by a FlyerTalker. He took the picture from his flight.
This is a really great view of the ship from the air.

It is so sad to see the Queen of the Seas sitting there on her own all lonely and useless on a pier in Dubai.

http://img693.imageshack.us/i/bangkok007copy.jpg/

Thank you JGX.  camera   cheerful 
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