MORAN TRANSPORTATION CO
8-K, 1999-05-25
DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported) May 25, 1999
                                                          ------------

                          MORAN TRANSPORTATION COMPANY
                          ----------------------------
             (Exact name of registrant as specified in its charter)


  Delaware                         33-82624                   06-1399280
  --------                         --------                   ----------
State or other                   (Commission                (IRS Employer
jurisdiction of                  File Number)             Identification No.)
incorporation


            Two Greenwich Plaza, Greenwich, Connecticut   06830
            --------------------------------------------   -----
              (Address of principal executive offices)   (Zip Code)


       Registrant's telephone number, including area code (203) 625-7800
                                                               ---------


                                 Not Applicable
          -----------------------------------------------------------
         (Former name or former address, if changed since last report)


<PAGE>

Item 5.          Other Events

        Attached as Exhibit 99.1 is the Company's press release.

Item 7.          Financial Statements, Pro Forma Financial Information and
                 Exhibits


        (c)      Exhibits

                 99.1     Press Release


<PAGE>

                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                 MORAN TRANSPORTATION COMPANY

Date: May 25, 1999               By: /s/ Jeffrey J. McAulay
                                    ------------------------------------
                                         Name: Jeffrey J. McAulay
                                         Title:VP - Finance and Administration


                                      -2-

<PAGE>

                                                                    Exhibit 99.1

FOR IMMEDIATE RELEASE
Contact: Jeffrey J. McAulay
         203 625-7872





                          MORAN TRANSPORTATION COMPANY
                           ANNOUNCES BOND REDEMPTION
                           -------------------------



         Greenwich, CT, May 25, 1999 Moran Transportation Company announced
today that it will redeem on July 15, 1999 (the "Redemption Date") its 11
3/4% Series B First Preferred Ship Mortgage Notes due July 15, 2004 (the
"Notes") at 108% of the principal amount thereof, together with interest to
the Redemption Date.

         Payment of the redemption price together with accrued interest will
be made upon presentation and surrender of the Notes at the office of State
Street Bank and Trust Company, as paying agent, as follows:

<TABLE>
<S>                         <C>                              <C>
BY REGISTERED OR            BY HAND BEFORE 4:30 P.M.:        BY OVERNIGHT:
CERTIFIED MAIL:

P.O. Box 778                Corporate Trust Window           Corporate Trust Window
Boston, MA 02102-0078       Fifth Floor                      Fifth Floor
                            2 Avenue De Lafayette            2 Avenue De Lafayette
                            Boston, MA 02111-1724            Boston, MA 02111-1724
</TABLE>

         Questons regarding the redemption may be addressed to Jeffrey J.
McAvlay, V.P.--Finance and Administration, at (203) 625-7872.

         Moran Transportation Company, through its subsidiaries, provides tug
assistance at major U.S. ports, barge transportation services and worldwide
ocean towing.


                                      END






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