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
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.
Europe Cargo, the Belgian member of the FPS Group of independent forwarders and NVOCCs, has undertaken the port agency and stevedoring for nine Damen Stan tug boats, being shipped from Shanghai to Gorinchem, Netherlands. The brand new vessels – five Type 1606
The National Transportation Safety Board is set to resume its search April 18, 2016, for the vessel data recorder of the sunken El Faro cargo ship. The U.S. flagged El Faro sank during Hurricane Joaquin on Oct. 1, 2015. All 33 of the El Faro’s crew perished in the accident.
A U.S. Coast Guard helicopter crew located the body of the missing tug boat crewman from the capsized Ricky J Leboeuf near the location of the tug on the San Jacinto river Tuesday at 9:47 a.m. The Air Station Houston MH-65 Dolphin helicopter crew located the man's body and directed rescue
Kongsberg Maritime’s ECDIS training portfolio has expanded with the introduction of an online E-Learning course for familiarisation training on its K-Bridge and K-Nav ECDIS products. Developed in compliance with STCW and ISM, the new course offers more choice for users of KONGSBERG ECDIS by
Making good on it's announcement in the autumn of 2015 to ambitiously expand its RoRo fleet, CLdN Ro-Ro SA confirms that two additional ships have been ordered, with options for another four, through the Croatian shipbuilder Uljanik.
The Coast Guard monitored the hoist of the tugboat Specialist near the Tappan Zee Bridge today. The Specialist was part of a three-tug group that was pushing a crane barge south on the Hudson River. The 84-foot long vessel struck a stationary barge near the Tappan Zee Bridge at approximately
Lloyd Werft to convert the Danish RoRo ferry “Primula Seaways” in 31 days starting July 1, 2016. Options for two further DFDS ships. Cutting and lengthening ships is nothing new for Lloyd Werft Bremerhaven. But it’s always different, as well as exciting and spectacular
While BOURBON is undeniably a leader in the offshore marine sector, the current tough offshore environment has led it to diversify its operations in the face of a potentially prolonged down market globally. With that, the company announced the acquisition of the activities of a global leader in
RSC Bio Solutions exanded its EnviroLogic 800 series of biodegradable greases. The EnviroLogic 800 series are VGP compliant, biodegradable Lithium Complex greases designed to operate in severe outdoor environments and withstand corrosion.
Nearly six years after the BP oil spill in the Gulf of Mexico, Hollywood takes its shot at recounting the tragedy with a film due this fall aiming to tell the story on the fatal blowout and its aftermath. The oil spill, one of the largest environmental disasters in global history
Alphatron Marine has signed a contract with the Damen Shipyards Group for the delivery of the AlphaBridge including an IT and entertainment package for the first Service Operations Vessel (SOV), providing comfort and safety to the offshore and wind industry.
The U.S. Coast Guard said it is responding to an allision and barge breakaway on the Mississippi River at mile marker 43.7 near Thebes, Ill., Wednesday. Tow vessel Michael G. Morris allided with the Thebes Railroad Bridge at mile marker 43
The U.S. Coast Guard siad it is continuing its response to an allision resulting in a barge breakaway on the Mississippi River near Thebes, Ill., Wednesday. An Incident Command Post has been established at Marine Safety Unit Paducah. Lt. Cmdr. Heather Stratton is the Incident Commander.
German navigation system manufacturer Raytheon Anschütz announced it is ready to deliver Electronic Chart Display & Information System (ECDIS) Software compliant with new International Electrotechnical Commission (IEC) and the International Hydrographic Organization (IHO) standards.
German navigation system manufacturer Raytheon Anschütz has secured a contract for the delivery of the Synapsis Integrated Navigation System (INS) to a Crew Change Vessel (CCV). The vessel is being built for the Danish shipping company Esvagt by Astilleros Zamakona Shipyard in Spain.