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the situation

In risks on September 23, 2011 at 2:15 pm

The Independence Seaport Museum in Philadelphia is the current custodian of the Olympia.

Due to a shift in the museum’s mission and the continued expense of maintaining the vessel, in 2010, The Independence Seaport Museum (ISM) announced that it was seeking a transfer of ownership of the Olympia to a qualified non-profit organization. Since assuming stewardship of the ship in 2000, ISM has spent $5.5 million on preservation and operating the ship as a floating museum. While the publicly accessible areas of the ship appear to be in good order and adequate monitoring systems have been installed, less accessible areas show signs of considerable damage and wear. Read the rest of this entry »