by Guest » February 4, 2014, 8:15 am
It would be sad to see any three of these ships go to scrap (American Fortitude, American Valor, and American Victory). It would also be surprising if ASC would divest themselves of any of these Jones Act compliant hulls. However, if their future tonnage commitment forecasts indicate a long-term decline in the demand for bulk material transport, then it would make sense to reduce the size of their fleet. Besides these three ships, the John J. Boland and Adam E. Cornelius both sat out the 2013 season. It would be interesting to see that instead of scrapping if some type of transaction takes place like that between Interlake and Lower Lakes a few years ago with the sale of the Elton Hoyt 2nd (Michipicoten). After its sale the ship was reflagged Canadian, and if I remember correctly Interlake obtained some tonnage commitments for a few years from Lower Lakes.
It would be sad to see any three of these ships go to scrap (American Fortitude, American Valor, and American Victory). It would also be surprising if ASC would divest themselves of any of these Jones Act compliant hulls. However, if their future tonnage commitment forecasts indicate a long-term decline in the demand for bulk material transport, then it would make sense to reduce the size of their fleet. Besides these three ships, the John J. Boland and Adam E. Cornelius both sat out the 2013 season. It would be interesting to see that instead of scrapping if some type of transaction takes place like that between Interlake and Lower Lakes a few years ago with the sale of the Elton Hoyt 2nd (Michipicoten). After its sale the ship was reflagged Canadian, and if I remember correctly Interlake obtained some tonnage commitments for a few years from Lower Lakes.