Southern Scrap gets obsolete MarAd vessel
The U.S. Maritime Administration has sold the obsolete vessel 'Lexington' to Southern Scrap Material Corp. in New Orleans.
The tanker was constructed in 1958 and is located in the agency's Beaumont Reserve Fleet in Texas. Southern Scrap will remove the vessel within the next 45 days, MarAd said.
MarAd keeps ships at three National Defense Reserve Fleet sites to support military operations and to respond to national emergencies. When the ships become obsolete, the agency arranges for their disposal.
For more information about MarAd's vessel scrapping program, read the September American Shipper, pages 14-17.
Southern Scrap gets obsolete MarAd vessel
