The US Department of Transportation’s Maritime Administration announced that it has sold two obsolete ships to American salvage companies for more than USD 1 million each.

The sale of the vessels from the James River Reserve Fleet each exceed the agency’s ship disposal program’s earlier price of USD 1,151,727.

The vessels sold were the Kalamazoo, which has been sold to Esco Marine, Inc at Brownsville in Texas, for USD 1,465,726 and the Truckee which was sold to Bay Bridge Enterprises LLC at Chesapeake in Virginia for USD 1,231,328.

Maritime Administration also announced that three other obsolete vessels also were sold. The sale price of the three totaled close to a combined USD 1.5 million. It said that three other obsolete governments owned ships are also being sold for a combined price of nearly USD 1.5 million.

The Nitro has been sold to Esco for USD 446,726; the Gulf Merchant also was sold to Esco for USD 476,726 and The Rigel has been sold to All Star Metals LLC at Brownsville in Texas for USD 469,626.

With the sale of the five vessels Maritime Administration has 30 ships remaining to be disposed of in the James River fleet and less than 20 at Maritime Administration Beaumont Texas fleet.