Crowley Maritime Corp. has been awarded a multiyear $638 million contract for vessel acquisition management (VAM) by the Maritime Administration (Marad). Stena RoRo is included in Crowley’s project team, together with Serco and LCE (Life Cycle Engineering).

The Ready Reserve Fleet currently consists of 41 vessels of which 33 are bluewater RoRos. A key objective in the VAM program is a reduction of the overall age of the fleet and increase of ship reliability.

Stena RoRo will provide expertise related to market intelligence in the vessel selection process. Stena RoRo will also act as broker within the VAM program and support Crowley and Marad with the conclusion of contracts for identified candidate vessels fulfilling the operational requirements set by Marad.

“We look forward to work with Crowley and Mared and to provide our market knowledge, including our extensive worldwide network in the RoRo segment,” Ambjörn Fröjd, commercial project manager, Stena RoRo, said in a statement. “In addition, our operational experience and engineering capabilities, will enhance cooperation with the stakeholders involved in the project and add further value.”

“The VAM project represent another milestone in the long-standing cooperation between Crowley and Stena RoRo, dating back to the early '80s,” said Per Westling, managing director, Stena RoRo.

“In Stena RoRo we have a partner with commercial, operational as well as technical excellence within the relevant commercial markets worldwide, complementing Crowley’s deep knowledge of the U.S. Marad requirements,” said Mike Golonka, vice president, government ship management with Crowley Solutions.