More than scrap value

And only 40 percent of the asking price.

The two former Albion ferries have been sold to Tidal Towing of Port Coquitlam.

TransLink spokesman Drew Snider confirmed in a news release that Tidal Towing purchased the MV Kulleet and MV Klatawa.

Price for both: $400,000

Kulleet and Klatawa are class sisterships of BC Ferries Klitsa (formerly Denman Queen).