Following a detailed six-month study assessing its contract towing requirements, Trailer Bridge, Inc. signed separate long-term agreements that match the best marine power units in the market with the company's vessel assets. In March 2001 Trailer Bridge finalized a long-term agreement with Moran Towing Corporation to exclusively utilize Moran's Heidi class 4,350 horsepower tugs to pull all four of the TBC's currently deployed by Trailer Bridge. This decision followed the excellent results produced through the Company's use of two Heidi class tugs. The Company's TBC vessels are utilized for weekly services between Jacksonville, FL and San Juan, PR, as well as Newark, NJ and San Juan, PR. Ed Morley, Trailer Bridge's Vice President of Marine Operations, stated, "The Heidi class tugs have performed flawlessly for us since March. We have experienced 100% on time arrivals with the Heidi class tug and TBC combination." Trailer Bridge's TBC vessels are the first vessels built for the U.S./Puerto Rico trade in over 15 years. The TBCs are specifically designed for efficient ocean and cargo operations and are the first vessels in the world to exclusively carry 53-foot high cube containers. Trailer Bridge recently announced that it has finalized a long-term agreement with Crowley Marine Services. Under this agreement, Crowley Marine Services will provide two Invader class 7,200 hp tugs to pull Trailer Bridge's two Triple Deck RoRo vessels between Jacksonville and San Juan
Trailer Bridge, Inc. has been accepted as a certified member of the U.S. Customs Service's Customs-Trade Partnership Against Terrorism (C-TPAT) program. U.S. Customs Service granted the approval on October 6, 2003, following a detailed review of Trailer Bridge's Supply Chain Security Profile Questionnaire. C-TPAT is a joint initiative between government and business designed to protect the security of cargo entering the United States while improving the flow of trade. Through C-TPAT, the U
Trailer Bridge, Inc. (NASDAQ: TRBR) announced that it has been notified by the United States Patent and Trademark Office (USPTO) that the Company has received a notice of allowance for its patent application related to the process of loading and unloading containers on its Triplestack Box Carrier™ vessels. Trailer Bridge as assignee had initially applied for this patent in April 1998 and the application has been amended several times following review by the USPTO
Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) reported financial results for the third quarter ended September 30, 2007, summarized by revenue of $28.2m, an operating ratio (operating expenses/revenue) of 90.2% and net income of $0.4m, or $0.03 per share. The Company's third quarter results were negatively impacted by the startup of the Company's new service, which is estimated to have incrementally reduced net income by $0
Trailer Bridge, Inc. (NASDAQ: TRBR) announced that it had priced its offering of senior secured notes due 2011 (the ``Notes''). The Notes were priced at a fixed interest rate of 9.25% and investor interest in the Notes resulted in the overall amount offered increasing to $85 million from the initial offering amount of $80 million. Interest on the Notes will be payable semiannually on May 15 and November 15 of each year
Trailer Bridge, Inc. announced that in a non-final order of the court, the company has been dismissed with prejudice against the named plaintiffs from a lawsuit seeking class action status related to alleged anti-competitive activity in the Puerto Rico marine trade. In an April 30, 2010 ruling by non-final order, the United States District Court for the District of Puerto Rico granted Trailer Bridge’s motion to be dismissed with prejudice from the lawsuit.
To better serve shippers needing more vessel space and unsurpassed schedule integrity, Crowley Maritime Corporation's Latin America liner services unit will add a new larger, faster Ro/Ro ship to its Central America northern zone service effective Jan. 26. The Stena Shipper, a 19-knot ship with 150 FEU trailer spaces, will replace the M/V Tolosa, which can carry about 105 FEU trailers at 17 knots. She will initially be deployed in Crowley's U.S
The US Naval Forces Central Command issued the following press release: MANAMA, Bahrain - While transiting north in international waters in the Central Arabian Gulf April 24 at approximately 8 a.m. local time, Motor Vessel Westward Venture was approached by two unidentified small boats. Following proper procedure, Westward Venture issued standard queries to the small boats via bridge-to-bridge radio, but received no response
On Thursday, 12th March 2009, another newbuilding for Flensburger´s Turkish customer U.N RO-RO will be delivered on time and will leave the yard on Saturday, 14th March 2009, early in the morning. The main particulars of the ferry are: Length o.a. 193.30 m Breadth 26.0 m Draught 6.45 m Propulsion power 2 x 8,400 kW Crew 23 Speed 21.50 kn
May 13, Jumbo’s mv Fairplayer loaded several heavy lifts in the port of Antwerp, Belgium. Among the cargo were two 625mT coke drums, each 42m long and with a diameter of 10m. The prize lift was a 1200mT vacuum tower. This giant (50m long, 17m diameter) was safely lifted off its supports (including three self propelled modular trailers), all of which were fastened onto a barge. Barge, trailers and tower were positioned in-between the quayside and the Fairplayer.
The video documentation of the cargo ship El Faro and the associated debris field has been completed but the vessel’s voyage data recorder was not located, according to the National Transportation Safety Board. “Over the years we’ve completed many investigations without
JRC and Alphatron Marine have launched a new digital AlphaChartTable comprising of a dramatically increased 46-inch touch display where routes can be planned on a “paper chart” scale. By use of the digital chart table, navigators are now given an intuitive and user friendly
SAFE Boats International has been selected by the Colombian Navy/Coast Guard to build its new Type-F Riverine Interceptor Vessel. The contract will provide the Colombian Navy/Coast Guard with a state-of-the-art, shallow draft, aluminum high speed intercept vessel designed to provide
The San Jacinto College Maritime Technology and Training Center is in its final phase of construction before its January 2016 debut. Construction has been ongoing since last Fall. The facility will serve as the site for certificate and associate degree maritime training delivered through U
Deep seas may complicate efforts to find the sunken U.S. cargo ship lost off the Bahamas during Hurricane Joaquin, a federal safety investigator said, as a search and rescue mission for 32 missing crew stretched into a sixth day. A U.S. National Transportation Safety Board team arrived on
Responders continue the hunt for possible survivors from the missing cargo ship El Faro, which is believed to have sunk during Hurricane Joaquin. As of Tuesday night, crews have searched some 172,257 square nautical miles while scanning in the vicinity of the ship's last known position 35
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) participated in a bilateral passing exercise (PASSEX) with ships from the navies of Bulgaria, Romania, Turkey and Ukraine in the Black Sea, Oct. 13 and 14, 2015.
Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today the sale of C/V Tiger Bridge (a 2,228 TEU Container vessel, built in 1990) to an unaffiliated third party (the
Rolls-Royce announced that its Unified Bridge Design has won this year’s Ergonomics Design Award, presented by the UK Chartered Institute of Ergonomics & Human Factors. The award recognizes industrial design which puts the customer at the heart of the process using their views to
Alphatron Marine has introduced what it is calling “the next generation service communication tool”; AlphaEye aims to offer the capability to have an extra set of eyes “on board”, allowing for support specialists to be standing by 24/7 to solve any problem
ABS has been selected to class an LNG bunker barge under construction at Conrad Orange Shipyard, Inc, a division of Conrad Shipyard, LLC, for WesPac Midstream LLC and Clean Marine Energy LLC (CME), the classification society announced.
The National Transportation Safety Board has contracted with the U.S. Navy to locate the El Faro, document the wreckage and debris field and recover the voyage data recorder (VDR). Below is an update of recent activities. The Curve 21 remote operated vehicle (ROV) was used to confirm that
Salvage operations for the sunken cargo ship El Faro were suspended on Friday due to Tropical Storm Kate, which moved through the Bahamas with winds of 45 miles (75 km) per hour, U.S. authorities said. The El Faro sank off the southern Bahamas in a hurricane last month with the loss of 33
A salvage team looking for the voyage data recorder for the sunken freighter El Faro said on Thursday it had located the bridge deck that separated from the wreckage, but the ship's black box was still missing. National Transportation Safety Board investigators said the search continues
BMT ARGOSS, (BMT) a subsidiary of BMT Group Ltd, has secured a new contract with Dutch-based engineering consultancy, Witteveen+Bos (W+B), to provide specialist knowledge for the new ‘stay overnight’ harbour near Giesbeek, along the IJssel branch of the river Rhine.