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.