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.
In a freak accident that occurred in the Long Island Sound off the coast off Orient Point, L.I., a 65-ft. tractor-trailer rolled off Cross Sound Ferry's 250-ft. vessel, Susan Ann. The first signs of trouble began this morning at approximately 10:30 a.m., when, according to the Police Department, Town of Southold, L.I., the vehicle, a 1989 Western Star Tractor Trailer with the driver inside, broke free -- falling off the rear of the above vessel while in the Plum Gut area of the Long Island
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 Tuesday, October 18, 2016, Wagenborg launched the new tugboat Wild Maa in Groningen, the Netherlands. Prior to the tandem lift, Wagenborg transferred the tug, weighing 253 metric tons and measuring 29 meters long and 10.3 meters wide, from the construction hall to the quay using 14 axle lines conventional trailers. At the quay, two 700 ton mobile cranes lifted the tugboat from the conventional trailers and positioned the vessel in the water, the Oude Winschoterdiep.
Hatteland Display, a global provider of display and computer solutions for professional maritime use has expanded its next generation Series X Multi Vision Display (MVD) range with the addition of a new state-of-the-art, Ultra High Definition large format model for integration on maritime
Hatteland Display, the leading global provider of display and computer solutions for professional maritime use has expanded its next generation Series X Multi Vision Display (MVD) range with the addition of a new state-of-the-art, Ultra High Definition large format model for integration on
ABB’s OCTOPUS marine software was chosen for four new semi-submersible heavy lift vessels currently under construction at CSBC Corporation in Taiwan, with the first expected to go into service in 2017. The ships, owned by Greenland Heavylift Holdings
APM Terminals has significantly increased its previously announced USD $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of USD $200 million. This figure includes ordering four next-generation Ship-To-Shore (STS)
Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time. The programme comprised Kitatange-1 in Block 1 and Bunju-1 in Block 4
Two newly built custom tugboats have been delivered to Canadian based SNC Lavalin to operate during the construction of Montreal's New Champlain Bridge on the Saint Lawrence River. The new vessels, one 13 meters long and the other 15 meters long
A new multipurpose connectable plastic workboat offers versatility to a variety of end users. Seahunter can serve as a multi-use commercial platform or powered vessel, with each hull designed to used individually or connected together at port, starboard or bow with lockable pins.
Royal Boskalis Westminster NV has received a Letter of Intent to Award a contract for the development of the port of Duqm in Oman. The contract with a value of approximately EUR 480 million will be awarded by Sezad (Special Economic Zone Authority Duqm)
Bureau Veritas congratulates owners Seaspan as their new emission reducing ferry enters service between the British Columbia mainland and Vancouver Island. Seaspan Swift is Seaspan Ferries Corporation’s (SFC) new dual-fuelled / hybrid - diesel
Seaspan Ferries Corporation’s (SFC) Seaspan Swift, a new hybrid LNG fueled and battery powered ferry, entered service between the British Columbia mainland and Vancouver Island. The innovative vessels is classed by Bureau Veritas, and it is reported to be the first hybrid LNG fuelled and
In December 2016 RH Marine’s ECDIS has officially been certified to meet the latest international standards. RH Marine is one of the first suppliers to have a fully certified ECDIS complying with the updated International Hydrographic Organization (IHO) standard that will be
Hatteland Display expands second Generation Series X portfolio to provide bridge and navigation technology manufacturers a cutting-edge new platform for current and future product development Nedre Vats, Norway, 23 January 2017 – Hatteland Display
Sparks are flying on the keel of the $1.9 million, 57-foot aluminum fisheries research vessel for the U.S. Fish and Wildlife Service (USFWS), at Moran Iron Works (MIW). The project was announced in November of 2016 when the two parties met for an inaugural meeting in Onaway
Trade in the Port of London in 2016 reached the highest this decade, rising 10% to top 50 million tonnes for the first time since 2008. The strong performance reflects continued growth at terminals along the Thames. The volumes of oil
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea.