Dubai agrees deal for QE2 liner
A deal will be signed today taking the liner QE2 to the Far East, where the ship will finally be converted into a luxury hotel. The move brings to an end a sorry saga of failure in Dubai, and will break hearts in London among investors who had hoped to bring the ship to the Thames. The Financial Times reports that the Oceanic Group has entered into a joint venture agreement with Dubai World - who bought the ship from Cunard for £64 million - and who have kept the vessel at Port Rashid since she sailed from Southampton on [...]