Cruises
Funchal liner offered at auction through insolvency proceedings with EUR 802,354 minimum bid
The Funchal, a historic Portuguese liner, has been placed on the market through insolvency proceedings involving owner Teamson Lda. The vessel is offered through sealed-bid process with minimum bid of EUR 802,354, with inspections on September 18th and bids due by September 30th, 2026. The ship is asbestos-free and holds a hotel operations licence from previous conversion work. Funchal was commissioned in 1961 and served as a combined passenger, cargo and mail vessel before transitioning to cruise operations.
