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January 18, 2013

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QE2 gets ready to sail again

AFTER more than four years sitting idle in a Dubai port, the passenger liner Queen Elizabeth 2 is bound again for the high seas as part of deal to convert the vessel into a luxury hotel in Asia, officials said yesterday.

The precise destination of the QE2 was not announced. But a map noted its planned voyage ending in China, raising speculation of seaports such as Shanghai or Hong Kong.

"We promise to take good care of her," said Daniel Chui, managing director of the Oceanic Group, a Singapore-based maritime company leading the renovation of the vessel into a 500-room hotel.

The deal marks the latest twist in the fate of the QE2, which has been docked in Dubai since it was purchased by the state investment company Istithmar World in 2007 for US$100 million at the height of the city's boom era. In July, plans were unveiled to keep the vessel in Dubai as a hotel and hub of a seafaring center.

But Dubai's economic rebound has been spotty and officials have already pledged huge investments into new entertainment and retail projects, including theme parks and a planned mall to outshine the Dubai Mall that's now billed as the world's largest.

It's also another sign of the rising economic influence of China, which has a fast-growing tourism sector.

There is no firm timetable for the QE2's journey east. First, it will undergoing full checks for seaworthiness in Dubai that could take up to three months, said Khamis Juma Buamin, chairman of shipyard operator Drydocks World.




 

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