TOTE Maritime, INTERSHIP Team to Create Puerto Rico’s Leading Terminal Operator

Print

NEW SAN JUAN JOINT VENTURE PROVIDES OPPORTUNITIES, BENEFITS TO CUSTOMERS

SAN JUAN, P.R. – TOTE Maritime Puerto Rico and INTERSHIP have teamed to form one of the largest, most experienced and most advanced terminal operating companies serving Puerto Rico.

The joint venture announced this month called Puerto Rico Terminals, or PRT, includes combining two of the largest maritime operations and $38 million worth of existing assets at the Puerto Nuevo terminals near San Juan. PRT will move over 250,000 containers and autos annually in and out of Puerto Rico. Improvements in operations, safety and productivity sparked by the joint venture are expected to drive significant growth, said Anthony Chiarello, president and CEO of TOTE.

“We’ve taken two transportation and logistics companies with more than 80 years of combined experience serving Puerto Rico and blended their complimentary assets to form a partnership that will lead maritime operations in the commonwealth,” Chiarello said. “This exciting move comes at a crucial time, and provides tremendous benefits to our customers and the people of Puerto Rico.”

PRT customers will see improved vessel turn times, enhanced safety and security features and other technology-based service upgrades, Chiarello said.

TOTE Maritime Puerto Rico and INTERSHIP operated on adjacent properties at the Puerto Nuevo terminals east of San Juan. Together, the new PRT property covers 122 acres and includes eight newly renovated cranes, as well as eight inbound/outbound lanes and RORO/LOLO cargo handling. PRT customers now enjoy the benefits of the latest technology, safety features and service automation. With the deepest draft in San Juan Bay, PRT will be able to efficiently serve a wide variety of vessel types.

PRT has contracted with longtime TOTE Maritime partner SSA Marine to manage stevedoring and terminal operations. SSA Marine’s proven track record of industry-leading training, safety and security will be very attractive to existing and new PRT customers. The entire joint venture is part of TOTE’s ongoing commitment to serving and financially investing in Puerto Rico, Chiarello said.

“Partnering with such talented organizations offers TOTE an expanded pool of technology, assets and safety protocols that allows us to deliver superior service to TOTE Maritime and the other ocean carriers who utilize PRT’s service,” Chiarello said.

TOTE Media Release: 10-6-15, 16:00 EST

Jacksonville, FL (Oct. 6, 2015) – At 16:00 EST Tim Nolan, President of TOTE Maritime Puerto Rico, issued the following statement regarding efforts to locate and communicate with the El Faro and her crew.

“TOTE Maritime Puerto Rico continues to work with the Coast Guard in the ongoing search and rescue operations for survivors from the El Faro. Today, the following assets are engaged in the effort:

4 C-130s (2 Coast Guard, 2 Air Force)

1 Navy P-8 Poseidon

3 Coast Guard cutters

3 tugboats

2 Coast Guard helicopters

TOTE Maritime Puerto Rico will be fully cooperating with the NTSB and Coast Guard as they conduct their federal investigations. In addition, TOTE Maritime Puerto Rico plans to hire an independent third party maritime firm to conduct a safety assessment, which will be made public once completed. We wish to thank all those who are assisting us, providing support and praying for all involved.”

The dedicated media information line is (866.890.6763) and the incident website is www.ElFaroIncident.com. TOTE Maritime Puerto Rico continues to work closely with the Coast Guard and all activated resources in the search and will make timely, accurate updates via the website and phone line as they are available.

-30-

Media Contact:
Mike Hanson
mhanson@mtinetworkusa.com
866.890.6763