Maersk Invests in Eight American Vessels

MarineLink.com
Tuesday, May 07, 2013
Maersk Chicago (Photo: Maersk Line)

Maersk Line, Limited (MLL) purchased and is currently reflagging eight newer and larger containerships to upgrade the ocean transportation services provided to its U.S. military, government and commercial customers.

MLL’s investment of approximately half a billion dollars in eight vessels will improve the quality of service to the Middle East and Mediterranean Sea from the U.S. East Coast. Since 2000, MLL has invested over $1.75 billion dollars to modernize its fleet in support of the U.S. government and military. The vessels are about 10 years younger than the outgoing ships, offering improved fuel efficiency and environmental performance.

The vessels will join Maersk Line’s weekly Middle East Container Line service (MECL1) throughout May and June. This route serves commercial customers and the U.S. military, and it transports U.S.-grown food aid. MECL1 will be the industry’s only direct U.S. flag service to and from the U.S. East Coast and Pakistan, and the service includes a new stop in Algeciras, Spain.

All eight vessels will join the Maritime Security Program (MSP) and Voluntary Intermodal Sealift Agreement (VISA).

Vessel reflagging is a complex process that involves coordination between commercial and government stakeholders. Ensuring an efficient reflagging process is critical to MLL’s core business of operating and maintaining U.S. flag vessels. The coordination of 16 vessel transfers (eight in, eight out) demands expertise and alignment at all levels of the organization.

Reflagging a ship ensures that it meets the stringent safety, environmental, operational and compliance standards required by the U.S. Coast Guard (USCG) and other U.S. maritime authorities.

MLL’s engineering team performs a gap analysis on each ship to assess its compliance with USCG requirements and makes any necessary modifications. Once a vessel meets these requirements and receives all U.S. government approvals, the vessel can come under the U.S. flag, making it eligible to carry cargo for the U.S. military, other government entities and commercial shippers.

The eight incoming vessels are named in honor of American cities that have brought industrial vitality to the U.S. economy through manufacturing, finance, transportation, and exports. This ship names are: Atlanta, Chicago, Columbus, Denver, Detroit, Hartford, Memphis, and Pittsburgh. Maersk Chicago was the first of the eight vessels to be reflagged; she came under the U.S. flag on May 1, 2013.

www.maersklinelimited.com
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

Greek Shipping Fears Syriza Tax Plan

Will the new government in Greece led by radical-left party Syriza levy higher taxes that the shipping industry can’t afford? A report in WSJ says that several

AsiaBio Buys Two Shipping Firms

Asia Bioenergy Technologies Bhd's (AsiaBio) has signed a heads of agreement (HOA) with Hoe Leong Corp Ltd (HCL), Sumatec and Reachmont Logistics Sdn Bhd (RLSB)

NewLead Expands Fleet to 10 Vessels

NewLead Holdings Ltd. announced that it recently added five bitumen tanker vessels, expanding its fleet to 10 vessels in less than a year while performing on its

Container Ships

Puget Sound Container Volumes Flat in 2014

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.

Evergreen to Charter 11 Containerships

Evergreen Group signed time charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to charter a total of 11 18,000 TEU vessels, which include the six units of

West Coast Port Talks Clear Hurdle

Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching

Vessels

USCG Rescue 2 on Bahamian Island

Two stranded men are safe after the Coast Guard rescued them off an Island in the Bahamas Tuesday afternoon. Coast Guard 7th District watchstanders received

IMTRA LED For Vessel Control System Integration

IMTRA, the leading manufacturer and importer of quality marine products, through its integration-focused design philosophy, created its entire range of 2- and

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2232 sec (4 req/sec)