U.S. Shipping Partners L.P. - Current report filing (8-K)

UNITED STATES
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): August 25, 2008

U.S. Shipping Partners L.P.
(Exact name of registrant as specified in its charter)


Delaware	001-32326	20-1447743
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

399 Thornall St., 8 ^th Floor Edison, NJ		08837
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (732) 635-1500

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):


o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECTION 2 – FINANCIAL INFORMATION


Item 2.02	Results of Operations and Financial Condition.

On August 25, 2008, U.S. Shipping Partners L.P. announced that Standard & Poor’s Rating Services lowered the Partnership’s corporate credit rating and its rating on the Partnership’s senior secured bank debt and senior notes, and revised the CreditWatch status from negative to developing.

A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.

SECTION 8 – OTHER EVENTS


Item 8.01	Other Events.

On August 25, 2008, the Partnership announced the delivery of its second Articulated Tug Barge unit (ATB), the Galveston/ Petrochem Producer.

A copy of the press release is filed as Exhibit 99.1 to this Form 8-K.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS


Item 9.01	Financial Statements and Exhibits.


(d)	Exhibits.


Exhibit Number		Title

99.1		Press release on announcement that U.S. Shipping Partners L.P. Announces Delivery of Second ATB on Schedule.

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.


	U.S. SHIPPING PARTNERS L.P.
	By: US Shipping General Partner LLC,
	its general partner

	By:	/s/ Albert E. Bergeron

	Name:	Albert E. Bergeron
	Title:	Vice President—Chief Financial Officer
		(principal financial and accounting officer)

Date: August 27, 2008