In the Summer of 2014, the schooner Virginia ended her season early. The Virginia Maritime Heritage Foundation which operated the schooner announced that she would be put up for sale. Now, Nauticus, a maritime-themed science center and museum located on the downtown waterfront in … Continue reading
Tag Archives: Nauticus
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