MLL Wins U.S. Army Watercraft Mngmt Contract
Maersk Line Limited (MLL) has been awarded a contract for the Care of Supplies in Storage (COSIS) of U.S. Army watercraft. MLL will be responsible for the upkeep and readiness of a range of watercraft, including barges, tugs and various boats, stationed in Yokohama, Japan. The contract has a nine-month base term with four one-year options. “We are pleased that the Army Sustainment Command has entrusted Maersk Line, Limited with the lifecycle management of their watercraft. We are confident that MLL’s 25 years of experience maintaining and operating government vessels and watercraft in overseas locations will translate into the highest levels of service for the Army,” said Bob Bowers, MLL’s Senior Director of Maritime Technical Services, the business unit that will perform the contract.
Maersk Line Completes Recapitalization
Maersk Line, Ltd has completed a recapitalization of its U.S. flag container fleet. The effort involved an investment of nearly $400m for the purchase and reflagging of nine ships into the U.S. registry. In keeping with its commitment to provide world-class U.S. flag transportation services, MLL's recapitalization plan called for the company to remove nine older, smaller ships from its U.S. fleet and replace them with larger, faster and more modern U.S. flag tonnage. All nine of the reflagged ships are enrolled in the Maritime Security Program. "This additional capacity and capability, paired with the optimization and expansion of our U.S.
