At the beginning of October, the SS United States Conservancy announced that its board had retained the services of a broker to explore selling the SS United States for scrap “over concerns about the organization’s long-term ability to continue financing the upkeep of the ship in the absence of firm redevelopment commitments and capital.”  Since then the Conservancy has raised $100,000, which has given the organization some breathing room, although not much. With monthly expenses for berthing and other costs running at $60,000, the newly raised funds will not last long. Yesterday, the Conservancy issued a statement saying, in part:

“Progress has been made due to your commitment and we are still compiling the necessary information to help the Board fully and responsibly evaluate our current situation from a financial and redevelopment standpoint. As a result, the Board has opted to defer any additional determination about the ship’s immediate future until later this month.”

Statement on Future of SS United States

Thanks to Miro for contributing to this post.