A public appeal was launched to secure funding for the return of the "Waverley" to service and the fund-raising operation was successful. The PSPS found itself running a cruise ship operation, "Waverley Excursions". Since then, "Waverley" has been joined in the PSPS fleet by and and has had a series of extensive refits and much restoration work, including a new boiler and improvements to meet modern safety standards. She has circumnavigated Great Britain and every year makes extensive sailings around the country.