Mallory Lykes News

MarAd Sells Two Reserve Fleet Ships for Recycling

The Department of Transportation’s Maritime Administration (MarAd) has sold two obsolete vessels in its Beaumont Reserve Fleet for recycling. Southern Scrap Material Company, LLC (SSMC), of New Orleans, La., has purchased two vessels, Allison Lykes and Mallory Lykes, both located in the National Defense Reserve Fleet, Beaumont, TX, for $50,000 apiece. Both vessels are cargo ships built in the mid-1960s. The two ships are scheduled to leave the fleet site for New Orleans the last week of June. “MarAd is taking advantage of the high global prices for recycled steel to get the best bargain for the American taxpayer,” said Acting Deputy Maritime Administrator Julie Nelson, noting that, in the recent past, MARAD has often had to pay to have the ships recycled.