Report says ferries sold

MOBILE, Ala. - Two ferries built by Austal USA to shuttle people and goods between the Hawaiian Islands were sold at auction to the federal government. Hawaii Superferry ordered the two ferries in 2004, but the company filed for bankruptcy after a state law that allowed the company to operate while an environmental study was done was ruled unconstitutional. The Virginian-Pilot reported that the ships were sold for $25 million each to the U.S. Maritime Administration this week. (Source: Mobile Press-Register, 10/12/10)