Flag Transportation Services News

Maersk Line, Ltd has completed a recapitalization of its U.S. flag container fleet. The effort involved an investment of nearly $400m for the purchase and reflagging of nine ships into the U.S. registry. In keeping with its commitment to provide world-class U.S. flag transportation services, MLL's recapitalization plan called for the company to remove nine older, smaller ships from its U.S. fleet and replace them with larger, faster and more modern U.S. flag tonnage. All nine of the reflagged ships are enrolled in the Maritime Security Program. "This additional capacity and capability, paired with the optimization and expansion of our U.S.