Buried at the bottom of Victoria Harbour remains the keel, hull and boilers from the QEII predecessor, the RMS Queen Elizabeth. It was purchased at auction in 1970 by local tycoon C.Y. Tung, who wanted to make the vessel into a university for the World Campus Afloat programme, the predecessor to Semester at Sea. Tung renamed the ship Seawise University, a play on his initials.
However, the vessel sank two years later, on January 9, 1972, following a fire.