“At the end of the first trimester of 2016 Calypso will be able to leave the shipyard and to begin her new life”, a statement from the Cousteau Society said.
The iconic vessel was out of commission for 20 years after it sank in an accident in January 1996 in Singapore when a barge rammed into the Calypso just as she was departing for the Yellow River in China.
Since then the ship was docked in the Britain harbour of Concarneau for repairs. But the bill was higher than expected and repairs were stopped in 2009.
Thanks to public contributions, the Cousteau Society has raised the 300,000 euros missing to finish works.
“Restored she will sail again as an ambassador for the seas and oceans, as Captain Cousteau wished,” it said.
The Calypso began her life as a British minesweeper in 1943 before French marine explorer Jacques Cousteau bought her in 1950.
Then Calypso became famous for millions of television viewers in the 60s and the 70s with an award-winning documentary series the “Undersea World of Jacques Cousteau”.