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.
WesPac Midstream LLC (WesPac), a provider of energy infrastructure and liquefied natural gas (LNG) solutions, and its affiliate Clean Marine Energy LLC (CME), the global facilitator of tailored solutions for Emission Control Area (ECA) compliance
In 2013 alone, Rolls-Royce invested £1.1 billion on research and development while at the same time supporting a global network of 31 University Technology Centers, which position Rolls-Royce engineers at the forefront of scientific research.
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its U.S. subsidiary GTT North America (GTTNA) has received an order for one LNG bunker barge.
Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under construction at Davie for the Société des traversiers du Québec (STQ).
Sparks are flying on the bulkhead and engine room of the $3.8 million, 85-foot Miss Margy, the newest addition to the Shepler’s Mackinac Island Ferry fleet, at Moran Iron Works. Bill Shepler, CEO of Shepler’s, and Tom Moran, CEO and founder of Moran Iron Works
Industrial chains for handling heavy loads are being produced for the first time from DSM’s ultrahigh molecular weight polyethylene (UHMwPE) fiber, branded as Dyneema. DSM Dyneema has formed a strategic partnership with Load Solutions AS in Bergen, Norway, for development
JRC and Alphatron Marine have delivered new tugboat consoles for the new generation of Rotortugs. Offering full control from a sitting position and all-round visibility through full height windows, the Robert Allan designed ART 80-32 Hybrid tugs RT Evolution and RT Discovery have been
Large cruise ships could become a familiar sight on the Thames if plans for a new passenger terminal in Greenwich move forward. London could soon become a popular destination for large cruise ships in two years as new passenger terminal planned for Greenwich
US West coast employers have made an offer to longshore workers in a bid to end the deadlock over a new labour contract that has added to the chaos afflicting some of the country's largest ports. The Pacific Maritime Association (PMA), representing shipowners and terminal operators
On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited. The shipbuilding contracts at Wuchang were announced in August
The Norwegian Maritime Authority (Sjøfartsdirektoratet) granted approval to the CAE Oslo training center to conduct Bridge Resource Management (BRM) and Engine Resource Management (ERM) training. The training courses are designed to address human behaviour and attitudes which can
Odfjell will roll out NAVTOR e-navigation solutions throughout its entire fleet, a move that aims to increase operational efficiency while reducing the number of man-hours spent on administration across the ship owner’s 50 deep-sea vessels.
Bureau Veritas (BV) is to class two projects for gas-fuelled vessels to be built for Canadian owners in Turkish shipyards. British Columbia-based Seaspan Ferries has chosen BV class for two hybrid LNG/diesel/battery-powered ro-ro cargo ferries which will be built at the Sedef yard in
Indonesian Maritime School purchases DNV certified class A Full Mission Bridge Simulator to enhance its training curriculum. VSTEP will deliver and install a NAUTIS DNV Class A Full Mission Bridge Simulator at the Maritime Academy of Cirebon in Indonesia
The Captain of the Port (COTP) Delaware Bay is notifying mariners that Ice Condition II has been modified to expand STEEL HULL RESTRICTIONS in the Delaware River. There have been reports of ice formation that may impact navigation throughout the COTP zone