| Abandon Ship! B'more Ship Recycler Disappears |
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| Tuesday, 06 November 2007 03:30 | |||
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A company contracted by the Federal government to dismantle two ships at the Sparrows Point shipyard in Maryland has disappeared, leaving a subcontractor unpaid to the tune of $750,000 and two unrecycled ships. North American Ship Recycling was contracted to break down two ships - the Sphinx and the Hoist. Instead, the ships are still in rotting in port and pose an environmental threat to the region. NASR has apparently sold the Hoist to a shadow corporation linked to NASR, in violation of its agreement with MarAd. The ships are part of the James River Fleet, which MarAd is under pressure to dispose of. Click Read More for a link to the full story From The Baltimore Sun: North American Ship Recycling Inc., which just a few years ago was heralded as the key to revitalizing the Sparrows Point shipyard, has disappeared, leaving behind in Maryland waters two rotting and possibly toxic government ships, according to federal officials.
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