A former cruise ship is destined for a new life in Myanmar as a floating hotel.
Dania Beach-based QPS Marine, the brokerage arm of Nautical Ventures Group, facilitated the $14 million sale of the 561-passenger ship.
The seller is Saga Cruises, a cruise operator in the United Kingdom, which operated the vessel as Saga Ruby. The ship was originally known as the Norwegian Vistafjord.
The buyer is Millennium View Limited, an affiliate of a private equity fund based in Singapore. International Shipping Partners, based in Miami, will manage the ship.