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MSC Award Two Time-Charter Contract Modifications

Maritime Activity Reports, Inc.

September 23, 2014

The US Department of Defense informs that Offshore Service Vessels, Inc., and Sealift, Inc., have each been awarded time charter option extensions by the US Navy's Military Sealift Command for their vessels as follows:

1. Offshore Service Vessels, Inc., Cut Off, Louisiana, is being awarded an $8,798,690 modification under a previously awarded firm-fixed-price contract (N00033-13-C-2001) to exercise a one-year option for the time charter of maritime support vessel MV C-Champion.The vessel is used as a platform for launching and recovering small boats; refueling and provisioning small boats; and assisting with limited maintenance for small boats. The vessel also provides support to maritime security operations.

Work will be performed worldwide, and is expected to be completed by October 2015. Working capital contract funds in the amount of $8,798,690 are obligated for fiscal 2015 subject to availability of funds.

2. Sealift, Inc., Oyster Bay, New York, is being awarded an $8,069,785 modification under a previously awarded firm-fixed-price contract (N00033-12-C-3303) to exercise a one-year option period for the time charter of U.S. flagged, self-sustaining ship, M/V MAJ Bernard F. Fisher, to support the U.S. Air Force's at-sea prepositioning program.

Work will be performed world-wide, and is expected to be completed by Sept. 30, 2015. Transportation working capital contract funds in the amount of $8,069,785 will be obligated at the time of award, and will not expire at the end of the fiscal year.

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