Depends...

Former Cunard liner RMS Queen Mary located in Long Beach. When the ship arrived in 1967, Cathodic Protection was applied to the hull to prevent corrosion, but...

Several years later, an official from the City of Long Beach decided to cut the hull open, so now with sea water flowing in/out of the engine room, the ship is rusting from the inside out!

The ship has been a huge white elephant, Long Beach would probably like to get rid of it, but...

Several years ago, a Japanese consortium wanted to buy the ship, then tow it to Japan for use as a floating hotel.

But, even if the hole in the hull had plates welded over it, the inside of the hull is so rusty, some people doubt it could make it to Catalina Island (26 miles across the sea) before sinking.

So, most likely because of this, Long Beach decided not to sell the ship and it remains in Long Beach, losing money and rusting away.