The Maritime Administration has announced that it signed contracts with Bay Bridge Enterprises, Chesapeake, Va., to scrap two World War II-era vessels. The ships were formerly anchored in Newport News, Va.
Bay Bridge will receive $95,000 to dismantle the Hoist, and $695,000 to dismantle the Sphinx. Both ships were originally awarded to North American Ship Recycling, Inc. Those contracts were terminated by the Maritime Administration after notification by North American Ship Recycling, Inc. that the company had terminated all operations at the Sparrows Point Shipyard.
MARAD maintains ships in three National Defense Reserve Fleet sites: the James River Reserve Fleet in Newport News, Va., Beaumont Reserve Fleet in Beaumont, Texas, and Suisun Bay Reserve Fleet in Benicia, Calif.
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