Financial Difficulties
On June 11, 2008, the Scholar Ship indefinitely canceled all future voyages due to difficulties in raising the necessary finances. Efforts are underway to re-organize the program and raise the necessary funds to launch future voyages.
Read more about this topic: The Scholar Ship
Famous quotes containing the words financial and/or difficulties:
“For the merchant, even honesty is a financial speculation.”
—Charles Baudelaire (1821–1867)
“The heroes of the world community are not those who withdraw when difficulties ensue, not those who can envision neither the prospect of success nor the consequence of failure—but those who stand the heat of battle, the fight for world peace through the United Nations.”
—Hubert H. Humphrey (1911–1978)