MTC Takes Two New Vessels

Tuesday, July 06, 2004
Marine Transport Corporation (MTC), a subsidiary of Crowley Maritime Corporation, has taken over as the ship management company for the Delaware Bay and the Chesapeake Bay. The first of the two vessels, the Delaware Bay entered into MTC hands through its ship management company, Marine Transport Management, Inc. (MTM) at midnight on Thursday, July 1. Its sister vessel, the Chesapeake Bay will follow on July 22. Both vessels will be turned over to MTM at Pier 59 in Newark, New Jersey.

The vessels are owned by First American Bulk Carriers Corporation and are on time charter to Royal P&O Nedlloyd. Each of the U.S. Flag container vessels has a 2,400 TEU capacity and is enrolled in the Maritime Security Program (MSP).

Both call U.S ports in Newark, New Jersey; Norfolk, Virginia and Charleston, South Carolina and Eastern Mediterranean ports in Italy, Israel, Turkey and Egypt.

MTM currently operates five other U.S. Flag container vessels on behalf of Lykes Lines (CP Ships). Four of these have a 3200 TEU capacity with a deadweight of 45,000 tons and the fifth has a 3000 TEU capacity with a deadweight of 44,000 tons.

In addition to the commercially managed ships in MTC's care, the company and its subsidiaries also manage 14 U.S. Government Ready Reserve Fleet Roll On/Roll Off ships.

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

People & Company News

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Contracts

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Petrobras Denies Hiring JPMorgan for License Sales

Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Electronics Sonar Winch
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: 0.1367 sec (7 req/sec)