Stena Impeccable, one in all three Stena IMOIIMAX MR tankers in a Crowley and Stena Bulk JV and is among the Tanker Security Program ships to get an MSC Charter. [Photo: Stena Bulk]
MARAD has chosen three Crowley-managed tankers to take part within the Tanker Security Program. The three medium vary (MR) tankers are a part of a three way partnership between Crowley and Stena Bulk USA. The vessels — Stena Immaculate, Stena Imperative and Stena Impeccable — are Stena IMOIIMAX tankers. Two had been inbuilt 2017 and the opposite in 2016. They might be reflagged as U.S. registered vessels with U.S. crews. They will proceed worldwide business operations however might be chartered on a short-term foundation to serve the U.S. authorities’s operations.
The MARAD TSP program will be sure that a core fleet of U.S.-based product tankers can function competitively in worldwide commerce and improve U.S. provide chain resiliency for liquid gasoline merchandise. The TSP will present the Department of Defense with assured entry to 10 U.S.-registered product tank vessels that could be used to provide the armed forces with gasoline throughout instances of armed battle or nationwide emergency.
Back in April, three Overseas Shipholding Group (NYSE: OSG) MR tankers had been chosen for this system, by way of which every taking part vessel receives a $6 million stipend from the U.S. authorities annually.
“Crowley appreciates the U.S. government and military’s continued trust in our capabilities to serve the nation’s needs. Crowley’s team with Stena Bulk offers government customers a deep, full suite of capabilities to maintain an efficient, dependable supply chain with management that adds value by being able to meet needs quickly and innovatively,” stated Gavin Hughes, vp, Crowley Government Solutions, the corporate’s enterprise unit for presidency companies.
Crowley and Stena Bulk have partnered earlier than to serve the vitality wants of the federal government and navy. For instance, Crowley received a Military Sealift Command constitution contract in 2022 to run the Stena Polaris, an Ice Class tanker serving bulk gasoline wants of the U.S. Department of Defense within the Arctic and Antarctic areas in addition to transporting gasoline within the Mediterranean Sea area.
