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U S Agencies Working to Recapitalize Strategic Sealift Capabilities
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Threats to Merchant Ships Growing; Mariners Face Pirates, Lethal Drones
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MARAD Awards Vessel Acquisition Management Contract to Crowley
Crowley Maritime Corporation’s Solutions business unit has been awarded a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).
Crowley’s strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability.
To carry out the contract, Crowley will use a new, proprietary information technology system to assess, research and make purchasing recommendations. Once the vessels are acquired, Crowley will oversee any required re-flagging, re-classification, modification and maintenance to ensure they are fit for service in compliance with U.S. Coast Guard, American Bureau of Shipping, and Defense Department requirements. After ships enter the fleet, Crowley will maintain and operate the vessels on behalf of MARAD.
Maritime Activity Reports, Inc.
Credit: Crowley Maritime
Crowley Maritime has secured a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD). Crowley’s strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability. The fleet executes U.S. Department of Defense (DoD) sealifts, Crowley Maritime said. To carry out the contract, Crowley will use a new, proprietary information technology system to assess, research, and make purchasing recommendations, the company said,
Once the vessels are acquired, Crowley will oversee any required re-flagging, re-classification, modification, and maintenance to ensure they are fit for service in compliance with U.S. Coast Guard, American Bureau of Shipping, and Defense Department requirements. After ships enter the fleet, Crowley will maintain an
Crowley scores $638M contract to acquire ships for MARAD
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