The Huronia Museum will not accept the S.S. Keewatin into their collection of artifacts.

In a statement, museum officials say they reviewed Skyline Investments’ offer to take in the Keewatin, but have decided to decline the donation.

“The Huronia Museum is not able to responsibly accept this donation into its permanent collection with the information that is available on the future conservation and operational needs of this unique artifact,” the statement said.

Officials say they can only accept artifacts into their permanent collection when the longevity of the item is ensured and the museum can properly take care of it.

“The museum is hopeful that a solution can be found to preserve her, her story and her presence in Port McNicoll for future generations of Canadians whether that be found in the process of donation to a museum or by other means.”

In return for the 109-year-old ship, Skyline requested a charitable receipt for $32 million. The ship and its items were appraised at that value.

Skyline bought the Keewatin from a Michigan business man in 2011.

The plan was to make it the center piece of a billion dollar development in Port McNicoll.