MARAD Awards Vessel Acquisition Management Contract To Crowley Worth $638 Million

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. The fleet executes U.S. Department of Defense (DoD) sealifts.

To carry out the contract, Crowley...

https://www.marineinsight.com/shipping-news/marad-awards-vessel-acquisition-management-contract-to-crowley-worth-638-million/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon