ship management company for the Delaware Bay and the Chesapeake Bay. The first of the two vessels, the Delaware Bay entered into MTC hands through its ship management company, Marine Transport Management, Inc. (MTM) at midnight on Thursday, July 1. Its sister vessel, the Chesapeake Bay will follow on July 22. Newark, New Jersey. The vessels are owned by First American Bulk Carriers Corporation and are on time charter to Royal P&O Nedlloyd. Each of the U.S. Flag container vessels has a 2,400 TEU capacity and is enrolled in the Maritime Security Program (MSP). Both call U.S ports in Newark, New Jersey; Norfolk, Virginia and Charleston, South Carolina and Eastern Mediterranean ports in Italy, Israel, Turkey and Egypt. MTM currently operates five other U.S.