The shipyard, Cantieri Navali del Tirreno & Riuniti, encountered financial troubles and was consequently taken over by the IRI Group, which canceled the building contract of Seaward.
[5] Due to being originally ordered for Norwegian Caribbean Line Spirit of London had a sister ship in the NCL fleet, Southward.
In September 1979 whilst under charter to Mutual of Omaha and cruising from Portland to San Francisco, a fire broke out in the laundry room.
[8] Club Cruise had New Flamenco serve as a hotel ship in New Caledonia until they failed in late 2008.
The ship was then purchased by Globalia Business Travel who assumed the rights and liabilities of the previous owners under the charterparty by novation.
Globalia contended that Fulton had not actually suffered any loss because it managed to sell the ship at a substantial profit subsequently.
Lord Clark, delivering the unanimous judgment of the court, held that Fulton was liable for the net loss of profits Globalia suffered during the 2-year extension, and that the subsequent sale of the ship was res inter alios acta, and was not an act of mitigation.
[12][13] The ship capsized and sank off Laem Chabang, Sri Racha, Thailand in shallow water on 27 February 2016 after having been abandoned without crew or maintenance for about a year.