The SS United States Conservancy has confirmed in a statement that they have now entered into a preliminary agreement in support of the redevelopment of the SS United States. 

"Negotiations have been underway for some time, and planning will continue with a variety of stakeholders. While further due diligence is conducted, the Conservancy will receive financial support to cover the vessel's core carrying costs for at least an additional three months," read the statement.

The project remains at an early and delicate phase, according to the group, adding that negotiations are advancing on a confidential basis.

"As you can appreciate, the ship's potential redevelopment represents a multifaceted engineering, real estate, and curatorial undertaking that will take considerable time to advance. Many challenges must still be overcome. However, we are fortunate that our new partners are very well equipped to handle this unique project's scope and scale, and the Conservancy looks forward to working closely with them in the months to come."

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