TransAtlantic Lines
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| Limited liability company | |
| Founded | February 1, 1998 |
| Headquarters | 6 Lincoln Ave Greenwich, Connecticut 06830-5751, USA |
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Key people
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Gudmundur Kjaernested, Co-Founder and Vice-President, Brandon C. Rose, Co-Founder and President |
| Services | Shipping |
| Website | None |
Coordinates: 41°01′47″N 73°37′27″W / 41.029795°N 73.624186°W
TransAtlantic Lines LLC is an American shipping company based in Greenwich, Connecticut. The limited liability company was founded in 1998 by vice-president Gudmundur Kjaernested and president Brandon C. Rose. The company owns and operates 5 vessels, including one tug-and-barge combination. Four of these vessels are chartered by the Military Sealift Command, and perform duties such as delivering cargo to U.S. military activities in Diego Garcia. TransAtlantic maintains resident agents in the U.S. District of New York and other federal Districts to receive service of process. TransAtlantic Lines has no collective bargaining agreements with seagoing unions.
In 1997, Gudmundur Kjærnested decided to start a shipping company to serve the Iceland route. 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. Kjarnested is a citizen of Iceland and U.S. resident alien who was married on May 20, 2000 to U.S.-national Margaret Elizabeth Bozzi. He is also president of Atlantsskip in Reykjavik, Iceland. Kjærnested's college roommate at Babson College, Brandon C. Rose, an American who came from an affluent family whose yearly business revenues were estimated at $200 million per year. Rose offered to back the company, and together they started the two companies TransAtlantic Lines LLC and TransAtlantic Lines Iceland in February 1998. The two were originally even partners in both ventures, and are also the primary owners of the Icelandic company TransAtlantic Lines-Iceland EHF (TLI). Shortly thereafter, they accepted an offer from shipping company American Automar to purchase 51% of the company, along with a never-exercised option to buy 51% of another Icelandic company largely owned by Kjærnested, Atlantsskip.
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