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The list of ship decommissionings in 1954 includes a chronological list of all ships decommissioned in 1954. In cases where no official decommissioning ceremony was held, the date of withdrawal from service may be used instead. For ships lost at sea, see list of shipwrecks in 1954 instead.
| Operator | Ship | Class and type | Fate | Other notes | |
|---|---|---|---|---|---|
| 16 February | Salerno Bay | Commencement Bay-class escort carrier | Scrapped | Reserve until stricken in 1961 | |
| 9 April | USS Bataan | Independence-class light aircraft carrier | Scrapped | Reserve until stricken in 1959 | |
| 15 June | USS Palau | Commencement Bay-class escort carrier | Scrapped | Reserve until stricken in 1960 [1] | |
| 5 July | USS Sicily | Commencement Bay-class escort carrier | Scrapped | Reserve until stricken in 1960 | |
| 27 July | | USS Sitkoh Bay | Casablanca-class aircraft transport | Scrapped | United States Navy reserve until stricken in 1960 |
| 27 August | USS Block Island | Commencement Bay-class escort carrier | Scrapped | Reserve until stricken in 1959 |