An cruiseship formerly owned by German tour operator FTI Cruises is about to begin a new life as a superyacht.

The company has confirmed that its 9,600-gt cruiseship Berlin (built 1980) has been sold to Dreamliner Cruises, a subsidiary of holding company Royalton Investments that has a large investment portfolio of luxury yachts and shipyards specialising in the yachting industry.

Dreamliner confirmed the purchase and said the Berlin fitted into its vision of luxury yacht cruises due to its size.