Search giant Google has sold one of its two mysterious Google Barges, recent reports have suggested. Google has two barges-the first one is located in Portland, Maine and the second is based in Stockton, California.
According to the market insiders, Google has sold its first barge based in Portland (Maine) for scrap. The fate of the second one remains unknown.
The barge in news is a four-story structure comprised of 63 recycled shipping containers that are joined to one another. Reports say an international shipping company has bought the barge. However, the company’s name has not been revealed yet.
The barge was on Wednesday transported to a new location so that the onboard cargo containers could be disassembled.
The barges have remained a big mystery for long. Google on its part had always declined its ownership or even the reason for their existence. However, the tech giant had eventually acknowledged its possession of the barges following rampant speculations and questions in the market. According to Google, the barges were constructed as “an interactive space where people can learn about new technology.” Some sources also say the barges were originally owned by By and Large, a Google affiliate.
The market analysts have always hoped that the Google would use the barges to showcase the nascent technologies and futuristic products from its Google X laboratories to the VIP customers.
Dan Olds confirms doesn’t think, Google’s Portland barge project is not becoming pricey. Dan Old is an analyst from Gabriel Consulting Company
A report of the tech and gadget site CNET indicated that Google utilized the space as a means of competing with another tech giant Apple and its vast retail network.
According to the sources, Google has paid USD 400,000 in property taxes to keep the boat afloat in Portland. Another charge of USD 10,000 per month is being paid by the tech giant to keep its Stockton barge docked.