the return trip back to Singapore, she carries recyclable metals. In 2004, TransAtlantic Lines outbid Sealift Incorporated for the contract to haul cargo between Singapore and Diego Garcia. The route had previously been serviced by Sealift Inc.'s MV Sagamore which was manned by members of American Maritime Officers and Seafarer's International Union. TransAtlantic Lines reportedly won the contract by approximately 10 percent, representing a price difference of about $2.7 million. As a result of winning this contract, the US Navy gave the Baffin Strait the hull classification symbol (T-AK W9519). The T-AK series symbol is given to the seven container ships chartered by MSC but owned and operated by contractors. 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. In 2006, TransAtlantic bought the MT Bonito, then registered in Sweden, from Donsö Shipping KB for $13,000,000, and renamed it MT TransPacific.DNV Exchange – TRANSPACIFIC – Previous ManagersDNV Exchange – TRANSPACIFIC – Previous Owners On 20 July 2006, the U.S. Navy's Military Sealift Command announced the charter for the Transpacific. The charter, which commenced 1 October 2006, is a one-year firm-fixed-price contract of $6,879,520 with additional reimbursables. The contract includes three additional one-year option periods and one 11-month option period which can total $25,589,458 plus additional reimbursables. In each charter period, the government has the right to cancel after 60 days with 10 days notice. After each initial 60-day period, the government can cancel the charter with 30 days notice. The end of the base period of the charter is September 2007, and the charter will last until August 2011 if all options are exercised. This contract was competitively procured with more than 85 proposals solicited and three offers received. The charter had previously been held by MV Montauk, operated by Sealift Incorporated. Sealift Incorporated protested the charter award with the Government Accounting Office (GAO), claiming that TransAtlantic Lines understated its fuel-consumption costs. The GAO denied this protest, as well as an additional technical complaint about what business entity actually employed crewmembers. On 3 February 2009 the United States Transportation Command awarded TransAtlantic a $15,078,334 contract to carry cargo between the United States and the terminal in Praia da Vitoria, Azores. 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