Current:Home > NewsRekubit Exchange:Historic SS United States is ordered out of its berth in Philadelphia. Can it find new shores? -Wealth Evolution Experts
Rekubit Exchange:Historic SS United States is ordered out of its berth in Philadelphia. Can it find new shores?
Surpassing View
Date:2025-04-07 17:22:17
PHILADELPHIA (AP) — The Rekubit ExchangeSS United States, a historic ship that still holds the transatlantic speed record it set more than 70 years ago, must leave its berth on the Delaware River in Philadelphia by Sept. 12, a federal judge says.
The decision issued Friday by U.S. District Judge Anita Brody culminated a years-old rent dispute between the conservancy that oversees the 1,000-foot ocean liner and its landlord, Penn Warehousing. It stemmed from an August 2021 decision by Penn Warehousing to double the ship’s daily dockage to $1,700, an increase the conservancy refused to accept.
When the conservancy continued to pay its previous rate, set in 2011, Penn Warehousing terminated the lease in March 2022. After much legal wrangling, Brody held a bench trial in January but also encouraged the two sides to reach a settlement instead of leaving it up to her.
The judge ultimately ruled that the conservancy’s failure to pay the new rate did not amount to a contract breach or entitle Penn Warehousing to damages. But she also ruled that under Pennsylvania contract law, the berthing agreement is terminable at will with reasonable notice, which Penn Warehousing had issued in March 2022.
“The judge’s decision gives us a very limited window to find a new home for the SS United States and raise the resources necessary to move the ship and keep her safe,” Susan Gibbs, conservancy president and granddaughter of the ship’s designer, told The Philadelphia Inquirer.
Besides finding a new home, the conservancy also must obtain funds for insurance, tugs, surveys and dock preparations for a move.
“The best hope of everyone involved was that the conservancy could successfully repurpose the ship,” said Craig Mills, an attorney for Penn Warehousing. “But after decades of decay and delay, it is time to acknowledge the unavoidable and return Pier 82 to productive commercial service.”
Christened in 1952, the SS United States was once considered a beacon of American engineering, doubling as a military vessel that could carry thousands of troops. On its maiden voyage in 1952, the ship shattered the transatlantic speed record in both directions, when it reached 36 knots, or just over 41 mph (66 kph) according to its website.
On that voyage, the ship crossed the Atlantic in three days, 10 hours and 40 minutes, besting the RMS Queen Mary’s time by 10 hours, according to NPR. To this day, the SS United States holds the transatlantic speed record for an ocean liner.
It became a reserve ship in 1969 and later bounced to various private owners who hoped to redevelop it but eventually found their plans to be too expensive or poorly timed.
It has loomed for years on south Philadelphia’s Delaware waterfront.
veryGood! (412)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- The U.S. could run out of cash to pay its bills between July and September
- Donald Trump’s Parting Gift to the People of St. Croix: The Reopening of One of America’s Largest Oil Refineries
- Arizona GOP Rep. Eli Crane says he misspoke when he referred to colored people on House floor
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- The U.S. could run out of cash to pay its bills between July and September
- Appeals court rejects FTC's request to pause Microsoft-Activision deal
- EPA to Send Investigators to Probe ‘Distressing’ Incidents at the Limetree Refinery in the U.S. Virgin Islands
- What do we know about the mysterious drones reported flying over New Jersey?
- Polar Bears Are Suffering from the Arctic’s Loss of Sea Ice. So Is Scientists’ Ability to Study Them
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Polar Bears Are Suffering from the Arctic’s Loss of Sea Ice. So Is Scientists’ Ability to Study Them
- Labor Secretary Marty Walsh leaves Biden administration to lead NHL players' union
- Inside Clean Energy: Net Zero by 2050 Has Quickly Become the New Normal for the Largest U.S. Utilities
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Inside Clean Energy: Illinois Faces (Another) Nuclear Power Standoff
- Instagram and Facebook launch new paid verification service, Meta Verified
- Missing Sub Passenger Stockton Rush's Titanic Connection Will Give You Chills
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
This week on Sunday Morning (July 16)
The Climate Solution Actually Adding Millions of Tons of CO2 Into the Atmosphere
DWTS’ Peta Murgatroyd and Maks Chmerkovskiy Share Baby Boy’s Name and First Photo
Questlove charts 50 years of SNL musical hits (and misses)
What does the Adani Group's crash mean for India's economy?
Nordstrom Rack Currently Has Limited-Time Under $50 Deals on Hundreds of Bestselling Dresses
Russia increasing unprofessional activity against U.S. forces in Syria