The bad news just keeps coming. The Virginia Maritime Heritage Foundation has announced that the schooner Virginia will be suspending the remainder of her 2014 season and will be returned to Hampton Roads in August, where she will be put up … Continue reading
Tag Archives: Virginia Maritime Heritage Foundation
At the end of May, we posted about the “unfortunate economics of tall ships.” All ships, sailing ships included and perhaps, especially, are devilishly expensive to maintain and run, and income is tough to come by, especially in these difficult economic times. One … Continue reading
In 2009, the non profit foundation that owns the schooner Virginia, the Virginia Maritime Heritage Foundation, ran out of cash. Burdened with $1.6 million of debt, they were forced to lay up the schooner. Now, the outlook for the schooner … Continue reading
In 2007 the schooner Virginia won the great Chesapeake Bay Schooner race, establishing a record time which remains unbeaten. This year, sadly, while the other schooners raced, she remained tied to a dock in Norfolk, Virginia. Cash-strapped Schooner Virginia appears dead in the water … Continue reading