Wicked Payday for American Shipping Companies

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for “international and intermodal distribution services.”

The following is a breakdown:

• Maersk Line, Ltd., Norfolk, Va. –  $2,100,000,000
• American President Lines, Ltd., Inc., Washington, D.C. – ,$1,700,000,000
• American Roll-On Roll-Off Carrier, L.L.C., Park Ridge, N.J. – $553,000,000
• Farrell Lines, Inc., Norfolk, Va. –  $565,000,000
• Liberty Global Logistics, L.L.C., Lake Success, N.Y. – $362,000,000
• Hapag-Lloyd USA, L.L.C., Tampa, Fla. – $338,000,000
• Central Gulf Lines, Inc., Mobile, Ala. – $142,000,000
• Foss International, Inc., Seattle, Wash. – $51,000,000
• Matson Navigation Co., Inc., Oakland, Calif. – $39,000,000
• Sealift, Inc., Oyster Bay, N.Y. – $25,000,000
• Transatlantic Lines, Greenwich, Conn. – $15,600,000

Subscribe for Daily Maritime Insights

Sign up for gCaptain’s newsletter and never miss an update

— trusted by our 109,169 members