RMS Queen Elizabeth Queen Elizabeth to safely rest on the bed of the Intracoastal Waterway in Ft. Lauderdale harbour (Port Everglades) and remain open, but instead the vessel was towed out of the harbour to Asia to become a floating university. Losing money and forced to close after being declared a fire hazard, this was due to the ship being sold at auction in 1970 to Hong Kong tycoon Tung Chao Yung. Tung, the head of the Orient Overseas Line, intended to convert the vessel into a university for the World Campus Afloat program (later reformed and renamed as Semester at Sea). Following
Queen Elizabeth 2 Hotels, a division of the Ports, Customs and Free Zone Corporation, which is owned by the Dubai government. The name of the liner as it appears on the bow and stern is "Queen Elizabeth 2", with upper and lower case lettering and an Arabic numeral 2 as opposed to the Roman numeral II. As such, it is commonly pronounced in speech as "Queen Elizabeth Two". Soon after launching, the name was shortened in common use as "QE2". In 1934, "Queen Mary" was named by and after Mary of Teck and in 1938 "Queen Elizabeth" was named by and after Elizabeth