Federated Maritime Awarded $21.6 Million Contract for Western Pacific Fuel Tanker Charter
United States, June 25 -- Federated Maritime LLC, Boca Raton, Florida, is awarded a $21,557,995 firm-fixed-price contract with pass through reimbursable elements (N3220526C1244), for time charter of one clean, Coast Guard approved, upon delivery U.S. flag or foreign flag to be reflagged prior to delivery, double hull tanker with an inert gas system and segregated ballast tanks that is capable of carrying a minimum of 240,000 barrels of clean petroleum products (intention JP5, JP8, JAA, or F76) within the vessel's natural segregation in designated cargo tanks with double valve isolation. This contract includes a 12-month base period with three one-year option periods, and one 11-month option which, if exercised, would bring the cumulative va...
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