The 770 tonne ship had 492 asylum seekers aboard when it was intercepted by Canadian naval authorities and towed to Esquimalt in August, 2010.
Drummond said sub-contractors recycled and landfilled the ship’s materials at local and out-of-province disposal facilities.
CME secured a $4.1 million contract from the federal government to dispose of the boat, which began in October.
The notorious boat was docked in Nanaimo on Newcastle Channel from 2010 to 2012.
Only one person was convicted for the human smuggling case of the MV Sun Sea.
Drummond believed their company will help get rid of more large derelict boats in Nanaimo the future.
“They’re just coming into acquiring the right funding to be able to action these things so we can start to clean up the coast,” Drummond said.
CME also disposed of The Vicki Lynn ll in 2016, which was abandoned and with thousands of litres of oil in Ladysmith Harbour.
On Twitter: @reporterholmes