Even if that were the case, wouldn't whoever ended up owning it make a profit by sending it back for scrapping/parting out?
Shipping by truck in the US costs somewhere around $0.10/ton-mile.
I suspect the best approach would be a boat that would transport the stuff not three miles, but a longer distance to where scrap could be more easily handled. This would amortize loading/unloading costs over more miles. I would not be at all surprised if such centralized waste handling ports already existed; there are lots of islands there generating a constant stream of refuse.