MLL Wins U.S. Navy Prepositioning Operation and Maintenance Contract

Norfolk, VA, 27 May 2010: Maersk Line, Limited (MLL) has been awarded a contract for the operation and maintenance of ten ships in the U.S. Navy Military Sealift Command’s (MSC) Maritime Prepositioning Force. MLL will provide personnel and mariners, operational and technical support ashore and afloat, as well as all the equipment, tools, provisions and supplies necessary to operate these vessels worldwide. MLL also will support MSC in the management of government-owned cargo, including, but not limited to, hazardous materials, vehicular, bulk, and general cargoes.

The ships are among eleven that MSC solicited in February 2009, and MLL was awarded a contract for every ship on which it offered. MLL’s award is divided into four lots for a total of ten ships; the eleventh ship is reserved for a small business set-aside contract. Performance will begin in 2010, and if all options are exercised, the contract period will extend into 2015. The contract value, including all option years but excluding reimbursables, is expected to exceed $350 million.

“MLL’s support of Maritime Prepositioning Ships goes back to 1983 when we converted five commercial vessels and operated them for 25 years. We’re pleased that MSC has recognized the value of our service and has entrusted us with these ships,” said Scott Cimring, MLL’s Senior Director of Government Ship Management. “Our approach to ship management leverages our global network, proven management practices, and a mindset of continuous improvement. Cost-effective readiness is a MLL hallmark, and we’re ready and excited by the opportunity to continue serving the nation.”

MLL is a leading provider of ship management, marine engineering, and chartering services. As a ship owner, vessel operations and maintenance are core competencies. Our vessel experience includes container ships, tankers, roll-on/roll-off ships, large government supply ships, and various special mission vessels. MLL applies its engineering expertise to improve the lifecycle strategies of marine assets and provide innovative designs for new and repurposed vessels. Our record of success has made MLL the largest U.S. shipping company engaged in international trade and a major charterer and contract operator for the U.S. government.

About Maersk Line, Limited

Maersk Line, Limited is an American company, based in Norfolk, Va., that provides U.S. flag transportation, ship management and technical services to government and commercial customers. As a business within the A.P. Moller-Maersk Group, our customers rely on our unparalleled experience, maritime expertise and global intermodal capability. We seek everyday to build greater trust in our maritime and transportation services and to strengthen the partnership with our customers for years to come.