Can You Buy an Old Cruise Ship?

By Robert Palmer

It is not uncommon for people to think about purchasing an old cruise ship to convert it into a hotel, resort, or casino. After all, a cruise ship is a large vessel capable of accommodating hundreds of passengers with its expansive decks and luxury amenities.

While there are certainly some people who have successfully purchased and converted old cruise ships, this type of venture is not for the faint of heart.

First and foremost, it is important to realize that purchasing an old cruise ship can be quite expensive; depending on the condition of the vessel and its age, a buyer may need to spend millions of dollars on the purchase. Additionally, there are many other costs associated with the conversion process such as repairs and renovations.

Another factor that should be taken into consideration when considering buying an old cruise ship is finding a place to dock it. Many ports throughout the world are not equipped to handle large vessels such as cruise ships. Furthermore, it may be difficult to find a port that would be willing to allow a converted cruise ship to dock due to various regulations or zoning issues.

Lastly, buyers should also consider the potential liability associated with owning an old cruise ship. If the vessel was previously used as part of a commercial enterprise, then buyers may face legal action from former customers or employees if they fail to properly maintain the vessel or adhere to safety regulations. Furthermore, if there were any accidents or incidents involving the vessel prior to sale then these may still affect how it is viewed by authorities.

Conclusion:

Buying an old cruise ship can certainly be a worthwhile venture for those who have deep pockets and are willing take on considerable risks; however, potential buyers should do their research carefully before committing to such an endeavor.