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Sunday, September 25, 2016

Vehicles From Cougar Ace to Be Scrapped

December 15, 2006

Mazda Motor Corporation (MZDAY) said that all of the U.S.- and Canada-bound Mazda vehicles from the car-carrying vessel, Cougar Ace, which nearly capsized off the Aleutian Islands in late July, would be scrapped.

The Cougar Ace sat listing at more than 60-degrees for nearly a month after an incident at sea, before it could be towed to the Port of Portland, Ore., for repairs and to have its cargo off-loaded. O'Sullivan added that although some of the Mazdas aboard the Cougar Ace showed little or no visible damage from being tied-down at severe angles for an extended period, the potential for future problems led the company to reconsider its initial decision to sell any of the vehicles as used.



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