The M/V Polar Star ran aground in Antarctica in Febuary 2011. The ship was later deemed safe enough to return to Ushuaia with passengers, but the rest of the cruise season was canceled. It turns out that the ship did not return to doing cruise in the north in May as expected and instead it remains in dry dock in the Canary Islands due to $1.6 million in unpaid repairs. The company that owns the ship (Karlsen Shipping Co. Ltd.) ended up in receivership in May and the ship was seized. Whether the ship will return to use in the Antarctic is unclear, although there are rumors G Adventures is considering purchasing it.