July 7, 2009

James River "ghost fleet" getting smaller

The "ghost fleet" shrinks to smallest size

The good news today is that two more of the James River ghost fleet relics are going away—to be scrapped in Texas at a substantial cost due to plummeting steel market prices. Not too long ago, we were paid for the scrap metal.

But good riddance to the 27+ tons of waste oil in the Ortolon and the asbestos and lead in the Gage. Hurricane Isabel could have caused a major spill just a few years ago.

Since 2001, 78 of these rusting behemoths have gone to salvage yards or been converted into artificial reefs. Less than 30 will remain soon. That is the lowest number of these ships EVER.