Ultrapetrol (Bahamas) Ltd. operates as a shipping transportation company, which provides marine transportation services. It operates through the following segments: River Business, Offshore Supply Business and Ocean Business. The River Business segment owns and operates river barges and pushboats. The Offshore Supply Business segment provides critical logistical and transportation services for offshore petroleum exploration and production companies. The Ocean Business segment operates oceangoing vessels includes product tankers, container vessel and oceangoing pushboat. The company was founded in 1992 and is headquartered in Nassau, Bahamas.