ARC Group Adds Large Vehicle Carrier to U.S.-Flagged Fleet
What happened
ARC Group added a large vehicle carrier, renamed ARC Freedom, to its U.S.-flagged fleet. The vessel, built in 2011 in South Korea, transferred from the Swedish flag and was previously operated by Wallenius Marine as the Figaro. ARC Group acquired the ship in June and it now supports the Maritime Administration’s Maritime Security Program, with AMO providing manning for the U.S. Government fleet.
Why it matters
The addition of the 231-meter carrier expands ARC Group’s capacity and fleet size, which supports the U.S. Government with a fleet of 10 vessels. The vessel has a capacity of nearly 8,000 units and features 13 vehicle decks, increasing the company's operational capacity for commercial and government customers.
A training vessel, TS Lone Star State, was recently delivered to the Maritime Administration for commissioning, intended to serve as a primary training ship for future U.S. Merchant Marine careers.
Who's involved
- ARCARC Group, which acquired the vessel and operates the U.S.-flagged fleet.
- Wallenius MarineWallenius Marine, which previously operated the vessel before its transfer.
- AMOAMO, which is providing manning support for the U.S. Government fleet.
- Wallenius WilhelmsenWallenius Wilhelmsen, which is connected to ARC Group as its subsidiary.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ARCSpeculative
ARC Group might increase its revenue potential and expand its fleet size through the acquisition of the large carrier.
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The entities involved
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AMO
company in the Czech Republic
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