The below photo was from a few months ago. That marking is a sign of the ship headed to the breaker.
Brownsville ship recycling yard has new owners and a new name.
MAY 2, 2017 – The Brownsville, Texas, ship recycling, and scrap processing facility formerly known as ESCO Marine is reopening under new ownership.
Hilco Redevelopment Partners, a unit of Hilco Global (Hilco), and MCM Marine Services, an affiliate of MCM Management Corp. (MCM), acquired the assets in U.S. Bankruptcy Court proceedings, presided over by Judge David R. Jones, following chapter 11 bankruptcy proceeding filed in late 2015.
Hilco and MCM have formed a joint venture company under the name SteelCoast (www.steelcoastus.com) with a new management and operations team to begin running the business immediately.