MSC Awards $400M Contract for LMSR Operation

Monday, August 12, 2002
On August 5, MSC awarded Maersk Line, Limited, of Norfolk, Va., a five year contract that could total $400 million to operate and maintain eight large, medium-speed, RoRo ships that strategically preposition Army equipment in the Indian Ocean near Diego Garcia. MSC’s Propositioning Program has 35 strategically located ships laden with military equipment, supplies and fuel for the U.S. Army, Air Force, Navy, Marine Corps and Defense Logistics Agency. Fifteen ships carry combat equipment and sustaining supplies for the U.S. Army, enough to sustain two Army heavy brigades- up to 8,000 personnel- for up to 30 days.

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

New Products

Transas to Unveil the ‘Future of Maritime Operations’

Today's maritime industry requires realistic solutions and concepts for a modern, integrated operational infrastructure that delivers a sustainable, viable future,

Maersk Line's Innovative Smart Reefers

Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.

SMM 2016: World Premieres from around the Globe

Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,

 
 
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