Bohai Ferry Group has decided to publicly list the Chinese Taishan for sale for the second time, with an asking price of $23 million.

The decision was said to be approved at the company’s board meeting on March 9.

The 832-guest ship holds the distinction of being China’s first independently operated and managed cruise ship .

Bohai Ferry acquired the vessel from Costa, where it sailed as the Costa Voyager. The sale price at the time was reported at over $40 million.

The ship originally launched for Royal Olympic Cruises as the Olympic Voyager in 2000 and also spent time at Iberocruceros as the Grand Voyager before moving to Costa.

It commenced operations later that year, sailing routes from Yantai to South Korea and later from Shanghai to Taiwan.

The vessel has been laid up in Dalian port since 2020 and has not resumed service following the pandemic.

The sale is part of Bohai Ferry’s strategic shift to completely exit the cruise business and refocus on its core roll-on/roll-off passenger and freight transport operations.

A company spokesperson cited an “unfavorable operating environment” in the domestic cruise market as a key reason for the divestment.

The ship will be listed for sale on the Dalian Property Rights Exchange.