A massive unfinished cruise ship is likely to be sold for scrap because no one wants to buy it

MV Werften was building it for Dream Cruises. Its parent company declared bankruptcy in January

A massive unfinished cruise ship is likely to be sold for scrap after its maker declared bankruptcy because no one wants to buy it, the German cruise-industry magazine An Bord first reported.

Attempts are being made to sell some of the fixtures and engines from Global Dream II, Christoph Morgen, an insolvency administrator at Brinkmann & Partner, said at a press conference, according to An Bord.

After that, the vessel’s half-finished keel — complete only in the lower-hull area — will be sold for scrap, Morgen said, according to An Bord.

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A spokesperson for Brinkmann & Partner confirmed to Insider that components from the vessels, as well as the partly finished hull, were for sale.

Read more: yahoo