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According to reports, the former P&O Australia cruise ship Pacific Dawn, may have new life!

She was built at Fincantieri and originally ordered by Sitmar Cruises, then launched as the Regal Princess in 1991, transferring to P&O Australia in 2007, then in 2020, she was due to go to CMV, which went bust.

She then became Satoshi and was destined to be anchored off the coast of Panama as some kind of bitcoin and technology residence, but …..as predicted by Global Travel Media, the venture failed, CLICK HERE and CLICK HERE

Pacific Jewel was reported sold to Ocean Builders, which planned to turn her into a cryptocurrency tech hub off the coast of Panama with apartments aboard up for auction, with Ocean Builders taking delivery of her in November and while they hired a vessel management firm, paid for a drydocking and even sailed the ship to Panama, but abandoned the project citing insurance issues.

Sadly, she then appeared to be destined to be scrapped along with her sister ship Pacific Jewel, which was sailing as Karnika for Indian Jalesh Cruises [pictured at Alang Beach, India]

It appears now though that Satoshi has been sold to a new startup cruise company, according to multiple sources familiar with the situation speaking to Cruise Industry News, with having been arrested in Panama late last year, the 1991-built ship was recently released and arrived in Bar City in Montenegro last week, a port that has been commonly used for crew transfers and warm lay ups during the COVID-19 pandemic.

Now, according to Cruise Industry News, legal issues aside, she may have a new life with a new cruise line, yet to be revealed, starting service later this year.

An edited report by John Alwyn-Jones