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TRTH Shipping Operating at Full Capacity

Maritime Activity Reports, Inc.

July 2, 2012

Trai Thien USA (OTC Markets:TRTH) today announced that its six vessels are operating at full shipping capacity.

 

The six vessels realized 26 trips in the first quarter 2012, and are projected to make a total of 120 intra-regional voyages for the 2012 fiscal year. When factoring in down time for scheduled maintenance and repairs, a TRTH vessel completes a commercial voyage every 18 days on average.

The full operational capacity status reflects the ability of Company management to fulfill its long-term plan of becoming a key player in inter-ASEAN cargo shipping. Management is demonstrating a concrete ability to maintain consistent year-round revenue growth by strategically limiting the impact of seasonal factors through the diversification of cargo-related risks. By utilizing Trai Thien's experienced staff, technology investments and capital resources, Company management has been able to maintain a low cost structure and differentiate itself from competitors through superior service and focus on profitable routes and cargo.

With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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