• ITVI.USA
    11,430.830
    74.770
    0.7%
  • OTLT.USA
    3.272
    -0.130
    -3.8%
  • OTRI.USA
    19.970
    0.120
    0.6%
  • OTVI.USA
    11,412.650
    71.160
    0.6%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
  • ITVI.USA
    11,430.830
    74.770
    0.7%
  • OTLT.USA
    3.272
    -0.130
    -3.8%
  • OTRI.USA
    19.970
    0.120
    0.6%
  • OTVI.USA
    11,412.650
    71.160
    0.6%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
American ShipperShippingTrade and Compliance

Maersk Line Ltd. wins MSC contract

   The Department of Defense said that Maersk Line Ltd., the U.S.-flag arm of Maersk based in Norfolk, Va., has been awarded a $73,677,038 firm-fixed-price contract for the time charter of one U.S.-flagged, twin-shaft vessel,
which shall function as a maritime support vessel for the Military Sealift Command.
   MSC said the ship is the M/V Cragside, which the maritime data base Equasis says is a 2011-built, 11,325-dwt, ro/ro cargo ship that is currently flagged in the UK and owned by a UK Maersk affiliate.
   This contract
includes four, 12-month option periods, which, if exercised, would bring
the cumulative value of this contract to $143,149,058.
   The DOD said work will be
performed at sea worldwide and is expected to be completed in November
2014. If all options are exercised, work will continue through October
2018.
   Working capital contract funds in the amount of $73,677,038 are
obligated for fiscal 2014, and they will not expire at the end of the current
fiscal year. The Navy initially received 13 offers
in response to its charter request.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.

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