Charlottenburg Palace, on the east side of Kongens Nytorv, has been the dwelling of the Royal Academy of Art since 1754. To the back of the palace lies Nyhavn (New Harbor), and is bordered by a street of the same name. At the end of the port can be seen an anchor, placed there as a monument to Danish sailors who lost their lives in the Second World War. Nyhavn was once a scandalous district of the metropolis but now, with it’s vibrantly painted little gabled houses many of which contain restaurants or cafes; it is a very delightful part of Copenhagen. Idyllic museum ships recline at anchor, including a lightship (Fyrskib) dating from 1885. From Nyhavn there are hydrofoil and catamaran services to Sweden, as well as tourism trips round the port and by the side of the inland waterway.