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Maersk Line wins billion-dollar contract to work for U.S. military

Maersk Line has once again been chosen as the supplier to the American military and the U.S. Transportation Command.

Photo: Maersk Line

Once again, Maersk Line has been chosen as the supplier to the American military. The U.S. Transportation Command, which is part of the United States Department of Defense, has awarded the shipping company’s American subsidiary, Maersk Line, Ltd., a contract worth $2.1 billion. The container company will provide global transportation and intermodal distribution services. The work is expected to be completed on August 31 of 2013, informs the U.S. Department of Defense.

The contract awarded to Maersk Line, Ltd. is the largest among at least 11 contracts (which also include agreements with American President Lines (APL)), that are part of Neptune Orient Lines based in Singapore and the German company Hapag-Lloyd. The contracts awarded to APL and Hapag-Lloyd are valued at $1.7 billion and $362 million respectively.

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