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Due to bankruptcy, the world's largest cruise ship will be dismantled.

The world's largest cruise ship, which cost £1.2 billion and can hold 9,000 guests, is destined for the scrapyard.

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German-Hong Kong shipyard MV Werften was almost completed constructing the Global Dream II when it declared bankruptcy in January.

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Since that time, the enormous ship with 20 decks has not been able to find a buyer, and it will shortly be put up for sale to be scrapped.

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Global Dream II would be 1,122 feet long, and it would have an outdoor waterpark in addition to a movie theater.

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The Wonder of the Seas, owned and managed by Royal Caribbean International, is the world's largest passenger ship.

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Despite the enormous amount of money that has been invested in its development, the ship is still over budget by £200 million.

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Wismar, Germany is now serving as home port for the cruise liners Global Dream and her sister ship, Global Dream II.

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Because Thyssenkrupp's navy division bought the yard to construct military vessels, the two huge cruise ships must be removed by 2023.

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