Edison Chouest Offshore affiliate Alpha Marine Services LLC, Cut Off, La., has been awarded two U.S. Military Sealift Command contracts worth a total of $26,055,890. Each contains options that, if exercised, could
Edison Chouest Offshore affiliate Alpha Marine Services LLC, Cut Off, La., has been awarded two U.S. Military Sealift Command contracts worth a total of $26,055,890. Each contains options that, if exercised, could substantially increase their value — to north of $141.3 million if all options in both contracts are exercised.
The larger of the two Alpha Marine Services awards, worth $14,619,710, is a firm-fixed-price contract for a time charter of seven continuously time-chartered tractor-like, U.S. flagged, and Jones Act compliant tugs; three in Kings Bay, Ga., and three in Mayport, Fla. Additionally, this charter will include a one continuously time-chartered tractor-like tug that will operate out of Mayport or Kings Bay to support movements requiring four tugs.
This contract includes a 12-month base period with three one-year option periods, and a fourth 11-month option which, if exercised, would bring the cumulative value of this contract to $78,725,409. T The contract is expected to be completed, if all options
Content Original Link:
" target="_blank">
