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New Queen Mary report says urgent repairs needed to keep ship viable in the next two years • Long Beach Post News

New Queen Mary report says urgent repairs needed to keep ship viable in the next two years • Long Beach Post News
lbpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lbpost.com Daily Mail and Mail on Sunday newspapers.

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Fears over future of historic liner RMS Queen Mary

One of Scotland’s most historic ocean liners, RMS Queen Mary, is said to be in urgent need of millions of pounds worth of urgent repairs, with the… ....

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Long Beach Wants Former Operator to Pay For $20 Million in Delinquent Repairs

Photo by Santi Visalli/Getty Images
Last Week, the City of Long Beach filed a court complaint against the Queen Mary’s former operator, Urban Commons, claiming the real estate company broke its lease agreement by leaving the liner in disrepair, and did not disclose how it spent $20 million in repair funds.
The Queen Mary was permanently docked in the Port of Long Beach in 1967 where she became a tourist attraction, and eventually was made into a city-owned hotel in 1972. In 2016, real estate company Urban Commons signed a 66-year lease which required them to maintain the ship. Urban Commons planned for extensive renovations to the liner before filing for Chapter 11 bankruptcy in January, reports the Long Beach Post. ....

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Bankrupt Queen Mary operator left more than $20 million in urgently needed repairs, court filing says • Long Beach Post News

A former Queen Mary operator neglected the ship and failed to perform more than $20 million in critical repair work, resulting in “significant issues and damage” to the historic vessel before the operator filed for bankruptcy, the city of Long Beach alleges in a recent court filing.
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The city filed legal action last week as part of ongoing bankruptcy hearings for current Queen Mary operator Eagle Hospitality Trust, which filed for Chapter 11 bankruptcy in January. The ship’s lease is set to go to auction in May.
Former operator Urban Commons, which signed a 66-year lease to run the city-owned ship in 2016, created Eagle Hospitality Trust to list on the Singapore Stock Exchange in 2019. Eagle Hospitality took over as the ship’s operator last year after Urban Commons suffered a string of financial problems. However, Urban Commons’ limited liability corporation, Urban Commons Queensway, remains liable to the city under the lease agreement. ....

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City Council takes first steps to shift control of Queen Mary to Harbor Commission • Long Beach Post News

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“I believe that our Harbor Department is well equipped and experienced to handle leases and development on the piers,” said Councilwoman Cindy Allen, whose district includes the historic ship. “I also trust our locally appointed harbor commissioners to represent our communities’ best interests.”
Allen and two other council members requested the discussion, but many questions remain about the proposal including the reason behind the plan to shift control of Pier H back to the port.
The Harbor Commission oversaw the area around the ship nearly 30 years ago, but the city assumed control in 1992 in order to develop the area as a tourist attraction. ....

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