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Maersk Awarded $26M Deal

Maritime Activity Reports, Inc.

August 29, 2005

Maersk Line, Limited, Norfolk, Va., is being awarded a $25,900,821 firm-fixed-price contract with reimbursables subject to the availability of fiscal year 2006 funds. The contract is for the operation and maintenance of eight fast sealift ships. These ships move cargo primarily in support of deployed U.S. military forces worldwide. This contract includes four one-year options, which, if exercised, would bring the total value of the contract to $134,796,176. The ships will be primarily maintained at U.S. East Coast and Gulf Coast ports in reduced operating status, but must be deployable worldwide when activated. Work performance is worldwide, and is expected to be completed by September 2010. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured with more than 50 proposals solicited and offers received. The Military Sealift Command, Washington, D.C., is the contracting activity (N00033-05-C-5340).

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