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.
Protestors rappelled off a bridge in Portland, Oregon on Wednesday hoping to delay Royal Dutch Shell's Arctic oil exploration this summer by blocking the return of a ship to Alaska that holds emergency equipment. Greenpeace said 13 protestors lowered themselves from the St
Greenpeace protestors dangling from a bridge on Thursday in Portland, Oregon, halted an icebreaker that Royal Dutch Shell needs in northern Alaska before it can start drilling into the region's oil zone. The 13 Greenpeace protestors
Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean. Authorities have removed protesters dangling from a bridge and in kayaks in Oregon
‘Finger-grip’ vessel control offering precise tactile feedback may seem radical for those accustomed to conventional levers, but the combination is proving a focus for those considering SeaQ Bridge, the new bridge concept from VARD.
The bridge area of the USS Forrest Sherman and one of its helicopters were repeatedly targeted by a laser device on board an Iranian-flagged merchant ship, CNN reports as U.S. defense official sayiing. According to the official, no U.S
The Simrad Professional Series has launched a new lineup of professional-grade Electronic Chart Display and Information Systems (ECDIS)– theSimrad MARIS ECDIS900 MK5 and MK15.Available in 19-, 24-, and 26-inch widescreen monitors
Inchcape Shipping Services (ISS) is advising that the Bosphorus Strait in Turkey will be closed in both directions on 15 July between 07:00-14:00 approximately due to the ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge).
Rubber-in-compression couplings help protect gas- and diesel-driven generator sets from torsional vibration and the possible catastrophic effects of resonance occurring if this were to coincide with the natural frequency of the system, says couplings manufacturer Renold Hi-Tec.
A cargo ship ran aground and smashed into a villa on Turkey's Bosphorus Strait on Tuesday, forcing maritime authorities to close the key waterway to transit traffic, shipping agency GAC said. The 105 metre Sierra Leone-flagged Majed & Randy had no pilot on board when it suffered a rudder
The Bosphorus Strait in Turkey reopened at 3:40 p.m. local time on July 21 following the grounding of general cargo ship Majed & Randy due to mechanical failure, Inchcape Shipping Services (ISS) advised. ISS also advised that the Bosphorus Strait will be closed again in both
Majed and Randy, Sierra Leone-registered dry cargo ship collided into a Ethem Pertev's water-front mansion located on the Bosporus in Istanbul's Kanlıca neighborhood. Luckily no one was injured in the incident. The accident happened due to a malfunction in the steering
Crewmembers from the Coast Guard Cutter Gasconade rescued a woman from the Missouri River near the I-680 Bridge, Monday. While at homeport, a crewman working late to mow the grass heard screaming and saw the woman floating down the river.
The extensive global network of Furuno service centers, subsidiaries and distributors was one of the reasons that Holland America Line (HAL) chose Furuno when it was time to retrofit their cruise ships with the very latest in a fully integrated navigation system.
KEP Marine – the manufacturer of type approved displays, computers and peripherals, announced the release of the affordable, high-quality KMGBL Glass Bridge Light Displays. Offered in 12-, 15-, 19- and 24-inch screen sizes, the KMGBL Glass Bridge Light Displays are crystal clear
Pirates attacked the fishing trawler Maju Jaya in Malacca Strait in Tamiang water in North Sumatra, Indonesia on July 26. Another fishing boat closed Maju Jaya from portside, two armed pirates went on board of Maju Jaya, threatening crew.