-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SJk1VJHoIZ2zKotQ3kmsk4HAzJnI0iNgncwX5gC9ufGT0l8COwGuhVuO6OIvizK2 SOwS4vtXDHTa34appGmmOg== 0001172661-07-000236.txt : 20070510 0001172661-07-000236.hdr.sgml : 20070510 20070509203209 ACCESSION NUMBER: 0001172661-07-000236 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070510 DATE AS OF CHANGE: 20070509 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: U.S. Shipping Partners L.P. CENTRAL INDEX KEY: 0001299716 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 201447743 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80152 FILM NUMBER: 07834321 BUSINESS ADDRESS: STREET 1: 399 THORNALL STREET, 8TH FLOOR CITY: EDISON STATE: NJ ZIP: 08837 BUSINESS PHONE: 713-635-1500 MAIL ADDRESS: STREET 1: 399 THORNALL STREET, 8TH FLOOR CITY: EDISON STATE: NJ ZIP: 08837 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GPS Partners LLC CENTRAL INDEX KEY: 0001389270 IRS NUMBER: 731735371 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 WILSHIRE BLVD., SUITE 900 CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: 310-496-5360 MAIL ADDRESS: STREET 1: 100 WILSHIRE BLVD., SUITE 900 CITY: SANTA MONICA STATE: CA ZIP: 90401 SC 13G/A 1 usspa0507.txt SCHEDULE 13G HOLDINGS REPORT AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 U.S. Shipping Partners L.P. (Name of Issuer) Common Stock (Title of Class of Securities) 903417103 (CUSIP Number) December 31, 2006 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 903417103 1.Names of Reporting Persons. GPS Partners LLC I.R.S. Identification Nos. of above persons (entities only). 73-1735371 2.Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3.SEC Use Only 4.Citizenship or Place of Incorporaion California, United States Number of 5.Sole Voting Power 670,233 Shares Beneficially 6.Shared Voting Power None Owned by Each 7.Sole Dispositive Power 670,233 Reporting Person With 8.Shared Dispositive Power None 9.Aggregate Amount Beneficially Owned by Each Reporting Person 670,233 10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11.Percent of Class Represented by Amount in Row (9) 8.16% 12.Type of Reporting Person: IA CUSIP No. 903417103 1.Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Brett S. Messing 2.Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3.SEC Use Only 4.Citizenship or Place of Incorporaion United States Number of 5.Sole Voting Power 670,233 Shares Beneficially 6.Shared Voting Power None Owned by Each 7.Sole Dispositive Power 670,233 Reporting Person With 8.Shared Dispositive Power None 9.Aggregate Amount Beneficially Owned by Each Reporting Person 670,233 10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11.Percent of Class Represented by Amount in Row (9) 8.16% 12.Type of Reporting Person: HC Item 1(a). Name of Issuer: U.S. Shipping Partners L.P. Item 1(b). Address of Issuer's Principal Executive Offices: 399 THORNALL STREET, 8TH FLOOR EDISON NJ 08837 Item 2(a). Name of Person Filing Item 2(b). Address of Principal Business Office or, if None, Residence Item 2(c). Citizenship GPS Partners LLC 100 Wilshire Blvd. Suite 900 Santa Monica, CA 90401 California, United States Brett S. Messing 100 Wilshire Blvd. Suite 900 Santa Monica, CA 90401 California, United States United States Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 903417103 Item 3. GPS Partners LLC is an investment advisor in accordance with ss.240.13d-1(b)(1)(ii)(E). Brett S. Messing is a control person in accordance with ss.240.13d-1(b)(1)(ii)(G). Item 4. Ownership: a. Amount beneficially owned: 670,233 b. Percent of Class: 8.16% c. Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 670,233 (ii) Shared power to vote or to direct the vote None (iii)Sole power to dispose or to direct the disposition of 670,233 (iv) Shared power to dispose or to direct the disposition None Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person: [ X ] Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company of Control Person: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Item 10.Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date May 9, 2007 GPS Partners LLC By:/s/ Steven A. Sugarman Steven A. Sugarman Title: Partner By: /s/ Brett S. Messing ---------------------------- Name: Brett S. Messing Title: Managing Partner JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on this Schedule 13G/A, dated May 9, 2007, (the "Schedule 13G/A"), with respect to the Common Stock of U.S. Shipping Partners L.P. is filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to this Schedule 13G/A. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G/A, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 9th day of May 2007. GPS Partners LLC By: /s/ Steven A. Sugarman --------------------------- Name: Steven A. Sugarman Title: Partner By: /s/ Brett S. Messing ---------------------------- Name: Brett S. Messing Title: Managing Partner Statement of Control Person The Statement on this Schedule 13G/A dated May 9, 2007 with respect to the common stock of U.S. Shipping Partners L.P.is filed by Brett S. Messing in accordance with the provisions of Rule 13d-1(c) and Rule 13d-1(k),respectively, as control person (HC) of GPS Partners LLC. GPS Partners LLC files this statement on Schedule 13G/A in accordance with the provisions of Rule 13d-1(c) and Rule 13d-1(k), respectively, as investment advisors (IA). -----END PRIVACY-ENHANCED MESSAGE-----