Maersk Line Ltd. Wins US Military Contract

Maersk Line, Ltd., the U.S.-flag subsidiary of Maersk Line, won a contract for the operation and maintenance of two ships in the U.S. Navy Military Sealift Command’s Maritime Prepositioning Force, the USNS Wheat and the USNS Stockham.

MLL said Friday it will provide personnel and mariners, operational and technical support ashore and afloat, as well as all the equipment, tools, provisions and supplies necessary to operate these vessels worldwide. MLL also will support the Military Sealift Command in the management of government-owned cargo, including, but not limited to, hazardous materials, vehicular, bulk, and general cargoes.

Maersk Line Ltd. news from JOC:
Angola Releases U.S.-Flag Maersk Ship

If all options are exercised, the contract periods for the two ships will extend into 2015. The approximate contract value, including all option years but excluding reimbursable expenses, is expected to be $66 million.

MLL’s ships are U.S.-flagged and U.S.-manned, which enables it to bid on U.S. military and U.S. government aid contracts.

-- Contact Peter T. Leach at pleach@joc.com. Follow him on Twitter @PeterTLeach.

For in-depth analysis & commentary on this topic, become a JOC member