MarAd scraps two more ships
The U.S. Maritime Administration said it has sold two ships for recycling to Esco Ltd. of Brownsville, Texas, for $171,452.
Resolute, a partial container/breakbulk ship built in 1980, brought a purchase price of $90,726. Resolute is moored at the James River Reserve Fleet site in Newport News, Va.
Gulf Farmer, a breakbulk cargo ship built in 1964, brought a purchase price of $80,726. Gulf Farmer is at the Beaumont Reserve Fleet site in Texas.
Both ships are to leave their respective fleet sites within 30 days.
MarAd scraps two more ships
