The SS United States Conservancy will host a press conference to announce that it has signed an option agreement with a major redevelopment partner on Thursday 4, February at the Manhattan Cruise Terminal in New York.

“At the announcement, an exciting future for the ship will be revealed that envisions the SS United States again as an iconic symbol of America the world over. An artist rendering of the redeveloped ocean liner will also be unveiled. Conservancy Executive Director Susan Gibbs will join the CEO from the development partner to provide details on the agreement and plans for the ship's future. A brief question and answer session will be held immediately after the announcement,” the Conservancy said in a statement.

The ship was built in 1952 and it operated a liner service on the North Atlantic and some cruises for the now dfuncy United States Lines up to 1969. It was then laid up and various attempts to reactivate the vessel have failed over the years. The conservancy, however, does not plan to reintroduce the ship a sea.