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Maersk Line and APL land big wins for US military

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Maersk Line and APL land big wins for US military

July 12
08:57 2012

Maersk Line and APL, the containership subsidiary of Singapore’s Neptune Orient Lines, have won lucrative contracts for international shipping of military cargo

Maersk Line, the container shipping arm of Denmark’s AP Moller-Maersk, was the biggest winner, with a $2.1bn fixed-price contract described by the US Department of Defence as “indefinite delivery/indefinite quantity” for international ocean and intermodal distribution services. The contract covers worldwide operations, the defence department said, and will be completed by August 31, 2013.

APL has won a contract on similar terms for $1.7bn.

The next biggest winners were Virginia-based Farrell Lines, with a contract worth $565m, and New Jersey based American Roll-On, Roll-Off Carrier, a unit of closely held American Shipping and Logistics Group, with a contract worth $553m.

Other contract winners include Hapag-Lloyd USA, based in Florida, with a contract on similar terms and worth $338m and New York-based Liberty Global Logistics for a deal worth $362m.

Smaller contracts were awarded to other US-flagged carriers.

Source: LLL


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