Kenneth Gaulden News

Maersk to Operate MSP Vessels

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). 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.