Author: 07 Mar 2011 Last updated at 08:37:16 GMT

Allied Defense Recycling to demolish 8,000 ton cargo ship Solon Turman

CALIFORNIA (Scrap Monster): Allied Defense Recycling will demolish the 8,000-ton cargo ship Solon Turman, one of the biggest vessels. The recycling company won the job with a bid of $1.5 million.

According to the company officials $1.5 million will barely cover the expense of the work. The sale of the scrap metal to recyclers is where the company aims for its profit. At $325 a ton, that can mean a pile of money.

The ship is full of PCPs, asbestos and liquid loads contaminated water and diesel. The government contract pays for the disposal, environmental oversight, permitting and towing.

The demolition process is no less demanding. Engineers examine the ship for gases trapped in compartments, marking hazardous areas. That takes about 10 days. An abatement crew then makes the ship safe, which requires another 60 days.

The chunks of metal, some weighing more than 25 tons, will be removed with cranes and cut into pieces that will fit on trucks, railroad cars or barges.

From start to finish, the job can take as long as nine months. That is the deadline by which demolition must be completed, according to Allied's contract with the Maritime Administration, contracostatimes.com reported.

 

METAL PRICE CHARTS

GET PRICE CHARTS

22ct Gold Scrap Price Charts

Platinum Scrap Price Charts

Silver Scrap Price Charts

RELATED NEWS

Scrap metal theft in Salina totals more than $22,000

May 22nd 2015 03:24 PM
Scrap metal theft in Salina totals more than $22,000
More than $22,000 in scrap metal was stolen in Salina, according to Crimestoppers

China Henan Discovers Rare Earth for the First Time

May 22nd 2015 03:13 AM
China Henan Discovers Rare Earth for the First Time
Henan's geological bureau has discovered over 100,000 tonnes of rare earth in Taiping Town

China Jiangxi Cracks Down on Illegal Rare Earth Smelting, Sales

May 22nd 2015 03:02 AM
China Jiangxi Cracks Down on Illegal Rare Earth Smelting, Sales
China's Ministry of Industry & Information Technology (MIIT) cracked down

US H1 scrap average prices held steady for fifth week in a row

May 21st 2015 08:37 AM
US H1 scrap average prices held steady for fifth week in a row
The US H1 scrap price average prices were at $234.83 per long ton, as on 18th May, 2015
Scrap Item Price Unit
6063 Extrusions 0.78 $US / Lb
Zorba 90% NF 0.63 $US / Lb
6061 Extrusions 0.71 $US / Lb
Old Sheet 0.55 $US / Lb
Al/Cu Radiators 1.31 $US / Lb
Old Cast 0.55 $US / Lb
Next Story