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2011 July 8   12:14

Maersk lands $15.3m contract from US Defense Department

Maersk Line Ltd. in Norfolk received a $15.3 million contract for the worldwide charter of one U.S.-flagged, Ice-class certified, double-hulled product tanker. The ship will be employed in worldwide bulk fuel support to the Defense Department, Dailypress reports.

The contract includes three 12-month option periods and one 11-month option period, which, if exercised, would bring the total value of the contract to $71.4 million.

Work will be performed at sea worldwide and is expected to be completed by September 2016.

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