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A Naval Inactive Ship Maintenance Facility (NISMF) is a facility owned by the United States Navy as a holding facility for decommissioned naval vessels, pending determination of their final fate. All ships in these facilities are inactive, but some are still on the Naval Vessel Register (NVR), while others have been struck from the register.
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
To reduce the number of disputes and smoothen the sale and purchase procedure, normally the ship-owner (seller) and the buyer will appoint brokers as middlemen to handle the transaction. There are three main stages for the sale and purchase of a ship which include: (1) the negotiation and contract stage, (2) the inspections stage, and (3) the ...
The General Services Administration is conducting a fire sale of government real estate, ... Cheap Military Property for Sale, but Buyers Better Prepare for Battle. Ron Dicker.
In the sale and purchase market, second-hand ships are traded between shipowners. The administrative procedures used are roughly the same as in the real-estate business, using a standard contract. Trading ships is an important source of revenue for shipowners, as the prices are very volatile.
The USS Detroit and USS Little Rock were decommissioned Friday. Two other Mayport LCS have been retired since August. Four more will be axed in 2025.
Grand Rapids was decommissioned on 1 October 1977 and transferred to the Naval Sea Systems Command where she was renamed research vessel Athena II. [4] In September 2016, Athena II was stricken from the US Navy. [5] [6] In 2020 the Grand Rapids was listed for sale on Facebook Marketplace for $350,000. [7]
The decommissioning of Russian nuclear-powered vessels is an issue of major concern to the United States and to Scandinavian countries [1] near Russia.From 1950 to 2003, the Soviet Union and its major successor state, Russia, constructed the largest nuclear-powered navy in the world, [2] with more ships than all other navies combined: [3] 248 submarines (91 attack submarines, 62 cruise missile ...