MarAd signs agreement with Hapag-Lloyd
The U.S. Maritime Administration said it had entered into an agreement with Hapag-Lloyd USA LLC, calling for non-emergency repairs to be performed in U.S. shipyards on five vessels enrolled in the Maritime Security Program.
MarAd said it would pay the difference between the cost of such repairs in foreign shipyards and the cost in U.S. shipyards, subject to the availability of appropriations.
MarAd signs agreement with Hapag-Lloyd
