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Trailer Bridge

Study Culminates In New Tug Contracts

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 Accepted as a Partner into C-TPAT

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 to be Awarded U.S. Patent

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 Announces Pricing of Senior Secured Notes

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 Dismissed from Antitrust Suit

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.


Trailer Bridge Reports 3Q Financial Results

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


RoRo Carrier Fires Warning Shots

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


Crowley to Add RoRo to Central America Liner Services

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


Long Island Ferry Accident Leaves One Dead

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


TOTE Shifts Maritime Companies under Unified Brand

Photo: TOTE Maritime

U.S. Jones Act carrier TOTE announced it has shifted operating companies Totem Ocean Trailer Express and Sea Star Line, respectively serving the Alaskan and Puerto Rican/Caribbean markets. Going forward, the companies will be known collectively as TOTE Maritime. Sea Star Line has delivered goods to Puerto Rico for more than 30 years with twice weekly reliable service that is responsible for goods traveling from the U.S


Simrad Tech for Sydney Fast Ferries

Ocean Wave courtesy Simrad

Four new fast ferries, owned and managed by Manly Ferries and operating in the busy waters of Sydney Harbour, will use Simrad technology for safe navigation. The owner has specified a range of Simrad bridge equipment for its latest vessels, including an NSO Evo2 quad-core marine processor


BSM Adds Simulators at Cyprus Training Center

Valentin Rakutins, Director of BSM MTC Cyprus presenting the new bridge simulator (Photo: Bernhard Schulte Shipmanagement)

Bernhard Schulte Shipmanagement (BSM) has invested in a Full Mission Bridge and an Engine Room simulator for its training center in Limassol, Cyprus, allowing BSM to offer training for the career development of its own officers, as well as external training for participants in the region


MSC Announces New Port Call, Revises Canada Gulf service

Photo: Mediterranean Shipping Company

 MSC’s California Express service is now to feature a new port of call – Manzanillo in Mexico.   The addition brings a significant customer benefit in transit time and reliability, and provides a direct route to the port as part of the route from Balboa to Long Beach.


Simrad Debuts New 27” HD Monitor

Image: Simrad

The new Simrad M5027 optically bonded HD monitor for the commercial marine market is a 27” marine monitor designed to meet the color calibration requirements of ECDIS systems and the size requirements of 320mm CAT1 radar systems.   


Helengi Unveils LNG Bunkering Vessel

Image: heLeNGi

 Greece's LNG engineering solutions provider, Helengi has revealed its LNG bunker feeder vessel Amaltheia during the recent Posidonia exhibition held in Athens.   "A state of the art vessel is the result of years of intensive engineering studies and it is the first time that Greek


Ventspils Port Cargo Turnover Down by 24%

Photo: Freeport of Ventspils

 Terminals in the Port of Ventspils handled a total of 9 million tons of cargo in January-May 2016 or by 23.98% less than in the same period in 2015.   The transit of oil products and coal had declined steeply year-on-year, affecting the total cargo turnover at Ventspils. 


Port of NY & NJ to Handle Larger Vessels

Map: Port Authority of New York and New Jersey

 Port of New York and New Jersey will be able to handle 14,000 TEU vessels toward the end of 2017, says officials at the Port Authority of New York and New Jersey.   The planned completion of the 50-foot Harbor Deepening Project later this summer and the anticipated completion of the


GAC - New requirement for Weight Verification at Sri Lanka Port

Logo

Sri Lanka’s Ministry of Ports and Shipping has issued guidance on the implementation of the SOLAS VI Regulation 2 amendment that requires the verification of gross mass in packed containers (Container Weight Verification) with effect from 1 July 2016.


Indiana Ranks Top 10 for 109 Logistics Categories

2016 Indiana Logistics Directory Cover Photo Indiana Ports

The newly released 2016 Indiana Logistics Directory reports that Indiana ranks high nationally in its ability to move freight via truck, rail, water and air. The state is ranked in the top five states in more than 25 logistics-related categories and in the top 10 in 109


Almi Tankers Inks Maintenance Deal with Alphatron Marine

From left to right: Jeroen Kortsmit – Global Business Development Manager JRC/Alphatron Marine, Fanis Valvis – Navigation/Communication & Automation Manager Almi Tankers, Frans Steenbergen – General Manager Global Service Solutions JRC/Alphatron Marine and Vassilis Kokkotis – Sales Manager Nova Electronics (Photo: Alphatron Marine)

JRC and Alphatron Marine has announced that Greek based company Almi Tankers have signed an all-encompassing maintenance contract supporting all yearly inspections and surveys as well as any required services, for a total of 11 vessels. Alphatron Marine, together with local partner in Greece


Lack of Communication Led to Houston Ship Collision -NTSB

The probable cause of the 2015 collision of the Conti Peridot and the Carla Maersk in the Houston Ship Channel was the inability of the pilot on the Conti Peridot to respond appropriately to hydrodynamic forces after meeting another vessel during restricted visibility


Investigators Set Mission to Recover El Faro’s VDR

El Faros voyage data recorder next to the ships mast on ocean floor (Photo: NTSB)

The U.S. National Transportation Safety Board (NTSB) said it is set to launch a mission to recover the voyage data recorder (VDR) of sunken cargo ship El Faro.   The VDR, belonging to U.S. flagged El Faro which sank during Hurricane Joaquin last October, was located April 26 in about 15


Port Canaveral Cruise Terminal Undergoes $48 Mln Makeover

Photo courtesy of Port Canaveral

After undergoing a $48.38 million transformation in order to handle larger and modern ships, Cruise Terminal 5 opened this past weekend hosting the Carnival Valor.   The improvements include an expanded terminal, a longer 120-foot longer pier, a new 1,044-space parking garage


Neches River Reopened Following Oil Spill

The U.S. Coast Guard has lifted its safety zone on the Neches River Tuesday as oil spill cleanup activities near their conclusion.   The response began after a pipeline at the Jefferson Energy Terminal released an estimated 880 gallons of Eagle Ford crude oil into the river Saturday


KTB Joins the KPI Bridge Oil Group

Minah Kim (Photo: KPI Bridge Oil Group)

 KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced that KTB will become a member of the KPI Bridge Oil Group as of June 1, 2016.   The merger comes a year after the group’s acquisition of Denmark based Trumf






 
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