A historic ocean liner moored in Philadelphia has been spared from the scrap heap, at least temporarily.
The SS United States Conservancy announced Monday that it raised more than $100,000 from supporters around the world. The board will meet this week to discuss the ship’s future.
The SS United States was once the world’s fastest ocean liner. It launched in 1952 after a secret Cold War project to build the world’s fastest ship.
The conservancy had planned to repurpose it as a museum and mixed-use destination.
The nonprofit had sent a virtual SOS to supporters last month saying expenses had become unsustainable. It even retained a broker to explore selling the ship to a metals recycler.
The conservancy needs more than $60,000 per month to keep the rehabilitation project afloat.