Maersk to Operate MSP Vessels

Tuesday, April 29, 2003
Maersk Line, Limited will begin the commercial process of assuming direct operation of 15 Maritime Security Program (MSP) vessels currently being operated by U.S. Ship Management (USSM). This follows today's Maritime Administration (Marad) opinion affirming that "Maersk qualifies as an eligible transferee of the MSP agreements from USSM." Maersk Line, Limited applauded Marad's confirmation of the company's eligibility. "Without question, Marad's leadership on this issue will improve the current MSP program, streamlining operations and creating much needed efficiencies," said Kenneth Gaulden, MLL's senior vice president for marketing and government relations. MLL submitted its request to Marad in November 2002. MLL's ability to become the contractor for the 15 covered vessels was negotiated in its Time Charters with USSM, which was approved by Marad in 1999. The change in contractors will increase from four to 19 the number of MSP vessels currently operated by MLL under contract with the Maritime Administration. The 19 vessels will be integrated into MLL's existing U.S.-flag fleet operations, providing immediate access to MLL's global network of intermodal assets, including terminals, cranes, logistical platforms, computerized management systems, containers and chassis. As called for in the Time Charters between MLL and USSM, USSM will be fully compensated for termination of the current arrangements. "Marad made the right call, and MLL looks forward to a smooth transfer process and to direct operation of these vessels," said Gaulden. The vessels will remain U.S.-flagged, supporting U.S. global trade and national security, and will be crewed by the same American seafarers that man the vessels today.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Panama's Alfonso Castillero Moves to Liberian Registry

The Liberian Registry informs that Alfonso Castillero, former Director-General of the Panama Registry, has joined their organization as Vice-President. Castillero

Bulk Grain Carrier Aground in Lake St. Claire

The Coast Guard informs it is responding to a 36,563 dwt 656-foot freighter that is hard aground in the downbound shipping channel of Lake St. Clair. Coast Guard

Costa Concordia Arrives Genoa for Demolition

Crowley Maritime Corp. subsidiary TITAN Salvage and project partner Micoperi has confirmed that the Costa Concordia – the Concordia-class cruise ship that wrecked off Giglio Island,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.1360 sec (7 req/sec)