Thursday, June 23, 2011

FORMER HAWAI`I SUPERFERRY SHIPS FOR SALE











The US Federal Maritime Administration has put up for public sale the two high-speed vessels formerly owned by the bankrupt Hawai`i Superferry LLC.

The 321-foot Alakai and 338-foot Huakai are being sold "as is" but free and clear of all liens.

The Maritime Administration bought both vessels for $25 million each and was owed more than $135.7 million.

The vessels, built by Austal USA in Mobile, Ala., are now berthed at Lambert's Point Dock in Norfolk, Va.

The Superferry was shut down on March 16, 2009, after the Hawai`i Supreme Court struck down a law, ruling it was intended to benefit a specific party, in violation of the state Constitution.
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