We previously reported that Global Dream II cost about $1.4 billion to get to the point it was when it was scrapped, and it would have taken another $230 million to complete it.
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On November 16, 2022, Disney Cruise Line purchased the Global Dream for €40 million, a discount from the original value of €1.8 billion. Disney plans to work with the shipbuilding company Meyer Werft to complete the unfinished ship as Disney Adventure by 2025.
Disney Cruise Line confirmed that it has completed the acquisition of the incomplete cruise ship Global Dream that was being built by MV Werften for Genting Hong Kong's Dream Cruises when the shipyard and later its parent company went bankrupt in January 2022.
What Happens to Old Cruise Ships? As ships age, cruise lines have several choices, which include extensively refurbishing and relocating vessels to smaller, less popular regions; transferring or selling them to other lines; or sending them to a cruise ship junkyard for scrapping.