After the handover to the Ob-Irtysh River Shipping Company ( Russian: Обь-Иртышское речное пароходство ) in Tyumen ( Soviet Union ) (Russian. "Советский Союз") the ship was only put into operation in April 1986. In 1988 she was handed over further east to the Lena River Shipping Company ( Russian Ленское речное пароходство ) in Yakutsk , until it was sold to the Alrosa, the current owner of the ship, in 1998 for financial reasons. Since September 2nd, 2011 6 hotels of the "Alrosa Hotels" and Mikhail Svetlov stand for 2.6 billion. Rubles for sale. In the summer of 2011, the Mikhail Svetlov was used on the cruise routes Yakutsk - Lenskije Schchjoki (1200 km from Yakutsk) - Yakutsk and Yakutsk - Tiksi .