Quantcast

Monday, July 28, 2014         

 Print   Email   Comment | View 1 Comments   Most Popular   Save   Post   Retweet

Superferry equipment lands on auction block

By Associated Press

POSTED:



LIHUE >> The state of Hawaii is auctioning off barges, ramps and other assorted equipment related to a failed Superferry project that planned to shuttle people between the Hawaiian islands.

The Garden Island reported Thursday that equipment and harbor improvements that cost the state
$40 million are being auctioned off online as one lot through next week.

Spokeswoman Caroline Sluyter of the state Department of Transportation said the state is hoping to get back as much as possible, with an opening bid of $250,000. Sluyter said the bid was set by market conditions.

The equipment includes stairs, ramps, light poles, forklift extenders, crates and chains.

Hawaii Superferry filed for bankruptcy in 2009 after the Hawaii Supreme Court ruled that the law that allowed it to operate was unconstitutional because an environmental impact statement had not been completed for the plan.

“We’ve heard that there is some interest, which is good, but of course we’ll just have to see what happens,” Sluyter said.

The auction site run by Rosen Auctions allows potential buyers to place bids in increments of $25,000. Rosen Auctions will take a 10 percent cut from the final sale price.

The lot is spread across harbors on Kauai, Maui, Hawaii island and Oahu.

According to the auction site, the winning bidder must remove the contents of the lot within 30 days of winning the auction or face storage fees.

Two high-speed boats meant to take passengers and cars were sold to the Navy by the U.S. Maritime Administration for $35 million. The administration took custody of the ferries after the bankruptcy case.





More From The Star-Advertiser

State auctioning off Superferry equipment




 Print   Email   Comment | View 1 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(1)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
Makua wrote:
I still can't believe the lack of a EIS killed the ferry. So much good could have come from this venture. But, Hawaii politics being what it is and all the self interests afloat the ferry was doomed to die to keep the status quo alive and well. A ferry in the future will happen and all that we sell now will only have to be bought again at market prices.
on July 19,2013 | 06:43AM
IN OTHER NEWS
Latest News/Updates
Blogs