TransMontaigne Partners L.P. (Partners) is a terminaling and transportation company. The Company conducts its operations primarily in the United States along the Gulf Coast, in the Southeast, in Brownsville, Texas, along the Mississippi and Ohio rivers, and in the Midwest. It operates in five segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals. It provides integrated terminaling, storage, transportation and related services for companies engaged in the distribution and marketing of refined petroleum products, crude oil, chemicals, fertilizers and other liquid products, including TransMontaigne Inc. and Morgan Stanley Capital Group Inc. Light refined products include gasolines, diesel fuels, heating oil and jet fuels. Heavy refined products include residual fuel oils and asphalt. The Company does not purchase or market products that it handles or transports. For the three months ended March 31 2011, TransMontaigne Partners L.P.'s revenues increased 5% to $39.1M. Net income applicable to limited partners increased 18% to $10.3M.Revenues reflect an increase in income from Gulf Coast Terminals and higher revenue from Brownsville Terminals segments. Net income benefited from an decrease in interest expense, presence of unrealized gain on derivative instrument vs loss.