VISA Extended To 2003

Tuesday, February 20, 2001
The Maritime Administration (MarAd) published a notice in the Federal Register announcing the extension of the Voluntary Intermodal Sealift Agreement (VISA) for an additional two-year period, until February 13, 2001, pursuant to the provision of the Defense Production Act of 1950, as amended. The VISA program is the principal commercial sealift readiness program of the Department of Defense, and is sponsored by the Maritime Administration. The purpose of VISA is to make intermodal shipping services, intermodal equipment and related management services available to the DoD as required for emergency deployment and sustainment of U.S. military forces.

Finance

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European Owners Lead in Buying Up Secondhand Tonnage

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Monjasa Bags Credit Facility from Société Générale

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