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Maersk in U.S. cargo deal worth up to $2.1 billion

Military shipment at Beaumont, Texas

The Department of Defense is increasingly shipping war supplies on commercial lines.

Maersk Line, a unit of Denmark’s A.P. Moller-Maersk Group, has won a contract worth up to $2.1 billion for international shipping of U.S. military cargo, the Defense Department said on Monday.

American President Lines Ltd, part of Singapore-based Neptune Orient Lines Group, won the next-biggest such deal from the U.S. Transportation Command, valued at up to $1.7 billion, the Pentagon’s daily contract digest said.

From Reuters

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July 6th, 2012 | Tags: , , , , , | Category: Shipping Lines, Shipping News

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