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Report: 'Love Boat' cruise ship sold for scrap!

 
SpaceCommand
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11/22/2012 04:15 PM

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Report: 'Love Boat' cruise ship sold for scrap!
[link to www.foxnews.com]

It's splitsville --literally -- for the former cruise ship Pacific Princess, aka " The Love Boat", featured in the hit 1970s and ’80s television show.

According to Italy's La Repubblica, after languishing at a dock in Genoa, Italy for more than a year, the ship is heading to the scrapyard to be broken up and sold for scrap metal.

Turkish demolition company Cemsan reportedly bought the ship for just over 2.5 million euro, or about $3.3 million.

Built in 1971 for $25 million for Flagship Cruises as the Sea Venture, the ship was originally built for New York to Bermuda cruise service, reports Maritime Matters. It sailed between Bermuda and U.S. ports for three years, before it was sold to Princess Cruises in 1974, and renamed “Pacific Princess”.


Read more: [link to www.foxnews.com]
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."

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