Last updated: 03:54 PM ET, Thu January 28 2016

Deal Reached to Save SS United States

Cruise Line & Cruise Ship | Patrick Clarke | January 28, 2016

Deal Reached to Save SS United States

Photo via Facebook

A once uncertain future for the historic SS United States is about to get a little more clear.

CBS Philly reported Thursday that a deal has been reached to save the massive ocean liner, which currently still holds the trans-Atlantic speed record.

In a post on its official Facebook page Thursday, the non-profit organization said it would make an announcement regarding the ship's future on Feb. 4.

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Although the ship is docked in Philadelphia, the news conference will be held in New York. Until then, though, a number of key questions will remain unanswered, including who will be funding the project and how much it will cost. 

Back in October, the SS United States Conservancy revealed that it was running out of money to maintain the ship and was seeking donors, investors and buyers to either maintain or develop it. 

Simply docking and maintaining the 54-year-old vessel costs the group $60,000 per month.

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"It’s always been a very difficult project and I wish them well and success if it’s here or somewhere else. Certainly it is a piece of American history that needs to be preserved if it can be preserved," Philadelphia Mayor Jim Kenney told CBS Philly.

In addition to potentially moving the ship back to its original homeport in New York, there's been talk in the past of developing the ship into a hotel, restaurant or other type of tourist attraction. 

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