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
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.
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has announced the take over of A/S Trumf Bunker. A/S Trumf Bunker in Denmark becomes a full member of the KPI Bridge Oil Group as of July 1
The e-Navigation Underway 2015 – North America conference will be hosted by The State University of New York (SUNY) Maritime College from September 28 to 30 on the college’s Throggs Neck, N.Y. campus. The conference’s theme is: “Reducing Risk through
The Danish equity fund Polaris makes a tender offer on all shares of the ferry operator Mols-Linien, which sails on routes Odden-Ebeltoft and Odden-Aarhus. Polaris offered to pay 34 Danish crowns a share, valuing the ferry operator at 482 million Danish crowns ($71.7 million)
The State University of New York Maritime College will host the e-Navigation Underway 2015 – North America conference from September 28 to 30 on its Throggs Neck, N.Y. campus. The conference’s theme is: “Reducing Risk through E-Navigation
Long Beach forges on with modernization, green programs The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach.
Is a bow really a necessity for large ships? When the vessel’s main function is walk-to-work (W2W) services in the offshore renewable sector, a heightened sterncan operateeither way,thus facilitating on-siteDP positioning.This is the idea behind the TWIN X-STERN concept vessel from
Barge Master’s motion compensation used for Malampaya installation Barge Master informs it used its BM-T700 motion compensation platform to support the installation of the permanent connection bridge (151mT, 42.5x3.5x3.5m) between a newly installed depletion compression platform (DCP) and
Deltamarin launched its new ro-pax vessel DeltaChallenger concept during the Nor-Shipping 2015 exhibition in Oslo. The design incorporates the latest technologies available, many of which are not yet used on any other ro-pax vessel, Deltamarin said.
The German navigation system integrator Raytheon Anschütz has won a contract to supply the latest generation of IMO-certified Integrated Navigation Systems (INS) to three car carriers built by the Croatian shipbuilder Uljanik Brodogradiliste.
New simulator wing features DNV certified VSTEP Dynamic Positioning and Full Mission Bridge Simulators and type approved ECDIS classroom. The simulation center of the Technical University of Varna officially opened its new simulation wing on May 21, 2015
A new edition of the Danish List of Lights has been published that provides the readers with a complete overview of the lights around Denmark, the Faroe Islands and Greenland. The 2015 edition replaces the previous List of Lights from 2013.
Maritime services group Global Navigation Solutions (GNS) will unveil its new Voyager suite of products that for the first time connects ship and shore through one e-navigation solution. Scheduled to debut at events in London, Singapore and Hamburg on June 17, 18 and 19
Tapping into one of its major business fields, Mitsui O.S.K. Lines, Ltd. (MOL) has established MOL Auto Carrier Express (MOL ACE) as global brand in the car carrier service. MOL will start to use MOL ACE beginning July 1. MOL’s carrier service network includes offices and
Mercator Limited announced that it is expanding its dredging business by adding two more Dredgers to its fleet. Mercator,India's largest Marine and Energy group with businesses in Oil & Gas, Coal, Shipping and Dredging
Thrustmaster of Texas, Inc. has been supplying wireless remote controls for thrusters since the 1980s, offering products that are supported through their lifecycles with upgrades that result from recent technological developments. Breathwit Marine Contractors installed