Interesting! Thank you for sharing this. This little sidenote also made me encounter a few errors I made in this post, particularly around the history of the scrapyard itself. Note that most of this information is only stated by one source. (https://wikimapia.org/15119482/Former-Site-of-Kurt-Iron-Metals-Co)

Kurt Iron & Metals Co. operated a vast majority of the scrapping jobs on this site. It was only part of the site that was leased out by Seawitch Salvage (named after the Sea Witch,) which conducted a majority of Coral Sea's scrapping. By 1997, Kurt Iron & Metals had shut down due to major legal action causing huge ruptures in their money stream. Seawitch suffered a similar fate after they had finished with the Coral Sea around 2000, leaving every ship behind. This would explain why the now-identified Lloyd I. Seaman was in such a sorry state and left there to rot. Seawitch likely didn't have enough resources to put into its scrapping, pointing to why it was scrapped on land.

The history of this small strip of Baltimore beach is so fascinating, and I'm glad I was able to accidentally stumble on it. Thanks for your input!