Navy awards U.S. Marine Management $16.6 million tanker charter

Norfolk firm wins a Military Sealift Command deal to charter a double-hull tanker for Western Pacific fuel operations, with options that could reach $97.1 million by 2031.

NORFOLK, VIRGINIA — The Navy has awarded U.S. Marine Management LLC a $16.6 million contract to charter a fuel tanker for worldwide service on June 24, 2026.

Here is the full post (see war.gov): “U.S. Marine Management LLC, Norfolk, Virginia, is awarded a $16.6 million firm-fixed-price contract with pass through reimbursable elements (N3220526C1243), for time charter of one clean, Coast Guard approved, upon delivery U.S. flag or foreign flag to be reflagged prior to delivery, double hull tanker with an Inert Gas System and Segregated Ballast Tanks that is capable of carrying a minimum of 240,000 barrels of clean petroleum products (intention JP5, JP8, JAA, or F76) within the vessel’s natural segregation in designated cargo tanks with double valve isolation. This contract includes a 12-month base period with three one-year option periods, and one 11-month option which, if exercised, would bring the cumulative value of this contract to $97.1 million. The contract will be for worldwide performance, with intentions to operate in the Western Pacific. The contract is expected to be completed if all options are exercised by May 2031. Transportation Working Capital Funds in the amount of $16.6 million are obligated for fiscal 2026 and will not expire at the end of the fiscal year. This contract was competitively procured as full and open competition with proposals solicited via the Governmentwide point of entry and nine offers were received. Military Sealift Command, Norfolk, Virginia, is the contracting activity.”

The agreement covers time charter of a double-hull tanker capable of carrying at least 240,000 barrels of clean petroleum products such as JP5, JP8, JAA, or F76 (see war.gov). The vessel must be Coast Guard approved and carry an Inert Gas System and Segregated Ballast Tanks. The Navy intends to operate the tanker in the Western Pacific.

The base period runs 12 months, with three one-year options and an 11-month option that would lift the cumulative value to $97.1 million. Transportation Working Capital Funds of $16.6 million were obligated for fiscal 2026 and will not expire at the end of the year. Military Sealift Command in Norfolk, Virginia, serves as the contracting activity. The contract would close by May 2031 if all options are exercised.

The deal was competitively procured as full and open competition through the Governmentwide point of entry, and nine offers were received (see war.gov).