Transportation Industry
Adonis sold for more than $1 million.(Update)
Marine Log, April, 2008
The U.S. Department of Transportation's Maritime Administration has sold the Adonis, a Liquid-bulk tanker from the Beaumont Reserve fleet, for $1,151,727 to International Shipbreaking, Ltd., Brownsville, Tex.
The ship brought the highest price for an obsolete ship under the Maritime Administration's program, which disposes of obsolete ships in an eco-friendly manner.
International Shipbreaking, Ltd., also purchased three other ships from the government. The Cape Catawba and the Cape Canaveral, both breakbulk freighters, were purchased from the James River Reserve Fleet site. While the Buyer, a breakbulk vessel was purchased, like the Adonis, from the Beaumont Reserve fleet.
International Shipbreaking, Ltd., will pay and make arrangements for...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
