As the Hamburg Maritime Foundation reports, the Dutchman Ed Kastelein, already known in the scene through several similar projects, wants to take on the yacht built in Southampton in 1900:
"After many years of extensive restoration by Jugend in Arbeit Hamburg e. V., it could only be seen under sail for one summer. As it turned out, an aggressive fungus had attacked a large part of the hull made of tropical wood.
As a result, the historic cruiser had to be decommissioned in 2008 because the expected repair costs would have far exceeded the foundation's financial resources. Since then, a buyer has been sought for the 'Artemis' - in vain, despite many interested parties. Only when the requirement that the hull had to be restored as a whole was abandoned, the search was successful. The Dutchman Ed Kastelein has acquired the 'Artemis' and is now planning a replica, in which all usable original parts will be incorporated. Including the beautiful skylights, companionways and the elaborately reconstructed rig.
Ed Kastelein is no stranger to the international yacht scene. For example, he has recreated the legendary three-mast schooner yacht 'Atlantic' for luxury charter. He is known as a lover of classy ship shapes. And also for going your own way with his projects: The hull of the 'Artemis' is to be rebuilt at a Portuguese shipyard. With a crew of three craftsmen, he has already removed everything that could be used from the old hull and shipped it to Portugal together with the stocks stored at the Hamburg Maritime Foundation."