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Marine Log

November 2, 2007

Sparrows Point recycler abandons ships

The Baltimore Sun reports that North American Ship Recycling Inc., once heralded as the key to revitalizing the Sparrows Point shipyard, has disappeared, leaving behind in Maryland waters two rotting and possibly toxic government ships, the Sphinx and Hoist.

NASR was supposed to dismantle the ships under agreements made this year with the U.S. Maritime Administration. But in a filing in Baltimore U.S. District Court, Marad says it has been informed that "NASR has abandoned the [motor vessel] Sphinx and sold, in violation of the contract and the law, the [motor vessel] Hoist."

The Sun reports that a security guard said yesterday that NASR was no longer at the shipyard, and that he didn't know where the company had gone.

Its move appears to have come less than three weeks after a federal judge ordered NASR to pay $750,000 owed to one of its contractors, Clean Venture Inc., says the newspaper.

READ THE STORY HERE

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