Financial Ports

Can Funchal, the 65-year-old liner, escape the scrapyard at $921,000?

CLAVE 1 / 4The 65-year-old classic liner Funchal is being auctioned due to the insolvency of her owner, Teamson.

CLAVE 2 / 4Minimum bid set at 802,354 euros ($921,000), placing her firmly in the scrap market.

CLAVE 3 / 4Built in 1961, Funchal was once the largest ship constructed in Denmark at 9,842 gross tons.

CLAVE 4 / 4Last inspected on September 18, 2026; bids close on October 9, 2026.

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