Federated Maritime wins $21.6 million Navy tanker charter deal

Military Sealift Command tapped the Boca Raton firm to charter a double-hull tanker for Western Pacific fuel runs, with options that could lift the deal to $97.7 million by 2031.

BOCA RATON, FLORIDA — Federated Maritime LLC won a $21.6 million Navy contract to charter a double-hull fuel tanker for worldwide service on June 24, 2026.

Here is the full post (see war.gov):

“Federated Maritime LLC, Boca Raton, Florida, is awarded a $21.6 million firm-fixed-price contract with pass through reimbursable elements (N3220526C1244), 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 $97.7 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 $21.6 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 contract covers a single tanker capable of carrying at least 240,000 barrels of clean petroleum products such as JP5, JP8, JAA, or F76 fuel (see war.gov). The vessel must meet Coast Guard approval and feature an inert gas system, segregated ballast tanks, and double valve isolation. Military Sealift Command in Norfolk, Virginia awarded the deal after a full and open competition that drew nine offers.

The base award runs 12 months, with three one-year options and one 11-month option. If exercised, the options would raise the cumulative value to $97.7 million and extend performance through May 2031. Transportation Working Capital Funds of $21.6 million were obligated for fiscal 2026 and will not expire at year’s end (see war.gov).

The charter signals continued Navy demand for fuel-carrying capacity in the Western Pacific, where the service plans to operate the vessel. Readers will want to know who benefits and what happens next as the options come up for decision.