[5] Then an Icelandic citizen, educated in the United States, and having worked at Van Ommeren shipping for seven years, he was familiar with the route and its history.

[7] The two were originally even partners in both ventures, and are also the primary owners of the Icelandic company TransAtlantic Lines-Iceland EHF (TLI).

[9] On June 13, 2001, the company won a contract with an estimated cumulative value of $16,738,001 for dedicated ocean liner cargo service from Jacksonville, Florida to U.S. military installations in Guantanamo Bay, Cuba.

[20] The ship carries everything from fresh food to building supplies to aircraft parts, delivering more than 200,000 tons of cargo to the island each year.

[21] In 2004, TransAtlantic Lines outbid Sealift Incorporated for the contract to haul cargo between Singapore and Diego Garcia.

[4] The route had previously been serviced by Sealift Inc.'s MV Sagamore which was crewed by members of American Maritime Officers and Seafarer's International Union.

[4] TransAtlantic Lines reportedly won the contract by approximately 10 percent, representing a price difference of about $2.7 million.

[4] As a result of winning this contract, the US Navy gave the Baffin Strait the hull classification symbol (T-AK W9519).

[22] The Baffin Strait's current charter runs from January 10, 2005 to September 30, 2008 on a daily rate of $12,550 under contract number N00033-05-C-5500.

[29] Sealift Incorporated protested the charter award with the Government Accounting Office (GAO), claiming that TransAtlantic Lines understated its fuel-consumption costs.

[31] This contract, serviced by the Geysir, is expected to be completed by 29 February 2012, and was a 100 percent Small Business Set Aside acquisition with two bids received.

[4] All equipment was sold at auction or other except TUG SPENCE that sank with crew abandoning to the safety of the barge in tow U.S. government contract payments to TransAtlantic Lines over $10,000 from 2001 to 23 January 2011.