<p>In 1988, when the Soviet Union dissolved, the second full-size aircraft carrier for the Soviet Union, the Varyag-sister ship to the Kuznetsov, was under construction in the Ukraine. Withe the Soviet demise, the Ukraine inherited the incomplete vessel but did not have the finances to complete her. In 1992 a Chinese delegation visited the Ukraine in the hopes of coming to terms on a purchase price of the unfinished vessel. A suitable purchase price was not agreed upon. Later, in 1998, the Chong Lot Travel Agency, a supposed Maccu firm, bought the Varyag from the Ukraine for $20 million dollars with the stated intention of making the Varyag a casino for commercial profit. As it turned out, Chong Lot had no offices in Maccu and was simply a front company for a Hong Kong firm called Chinluck Holding Co. Ltd. As it also turned out, the managing directors of Chinluck, had strong ties to the Chinese navy. It took three years for the front firm, Chong Lot Travel, to get permission to tow the Varyag through the Istanbul Straits and on to China. That permission was finally granted in 2001 and the following pictures document what has occurred to the Varyag since.</p>