T. Parker Host (HOST) creates a large tramp ship agency in the United States by taking over Transmarine Navigation Corporation (Transmarine).
The ship agency, stevedoring and terminal operations company T. Parker Host (HOST) acquires Transmarine, a West Coast ship agency headquartered in Long Beach, California.
The company said the milestone transaction unites two industry pioneers, forming the largest independent tramp ship agency in the United States and expanding HOST’s white-glove maritime coverage from coast to coast, including the Hawaiian Islands.
Among the benefits of the acquisition, Host reports it now operates in every major U.S. port, with expanded presence along the Pacific Coast and Hawaii.
The Houston and New Orleans offices will merge continuing to service the existing clients of both firms, whilst HOST and Transmarine are working together to ensure a seamless transition.
With more than 85 years of experience navigating the Pacific corridor, the company highlights that Transmarine brings long-standing relationships and operational excellence in Long Beach, San Francisco, Seattle, Portland, and Honolulu.
“This acquisition aligns with our strategic vision to deliver seamless, high-touch maritime solutions across every major U.S. port,” said Adam Anderson, chairman and CEO of T. Parker Host. “By joining forces with Transmarine, we are expanding our footprint into the Pacific and enhancing our ability to serve customers with the same responsiveness, precision, and trust they’ve come to expect – now at every major port in the US, every tide and every terminal.”
