The fast ferry Chenega in 2005. It cost $34 million and the state is seeking to get at least $5 million. (Photo by Alaska Department of Transportation)

The state of Alaska is trying to sell its idled fast ferries as it seeks to reduce the size of the Alaska Marine Highway System’s fleet.

So far its only taker comes from Trasmapi, an Ibiza-based ferry company that runs catamarans between the Mediterranean island and Spanish mainland. The Spanish firm offered a pair of bids for a combined worth of $4.6 million for the Chenega and Fairweather.

And that is all the bids we have on the vessels,” said Tom Mayer, who works in the Alaska Department of Transportation’s procurement section, after the bids were unsealed on Wednesday afternoon.

The reserve price is $5 million, per vessel. That means the offer from Servicios Y Concesiones Maritimas Ibicencas S.A. was about $5.3 million shy of what the state was hoping to get for the two catamarans it’s been paying to keep in lay-up since 2015 and 2019. 

The 235-foot fast ferries were popular in their time. They could cover distances twice as fast as the rest of the fleet — Juneau to Sitka only took about four hours 

But they burned more fuel than the conventional fleet and struggled in rough wintertime conditions.

During Wednesday’s call, Mayer added that the agency would be within its rights to make a deal.

Please keep in mind that the state reserves the right through the procurement documents to negotiate with the highest bidder at the end of the bidding process,” Mayer said.

In other words, the state could settle for less. The Fairweather and Chenega were added to the fleet more than 15 years ago. They cost a combined $68 million. 

Each catamaran is powered by four MTU 20V 4000 M73 engines. The Spanish firm Servicios Y Concesiones Maritimas Ibicencas S.A. picked up two brand new spares for about $2.5 million less than what the state paid for them. (Photo by Alaska Department of Transportation)

But the Spanish ferry operator didn’t walk away completely empty handed on Wednesday. Its bids for two spare diesel engines were the highest bids. It beat out Pacific Power Group, a Portland, Oregon area-based firm which bid about $211,000 less for the engines. 

There was no minimum, meaning the Spanish firm is set to acquire the two engines for around $411,000. The pair had cost the state of Alaska $3 million. They were never used.