UltraPetrol Bahamas, a marine transportation company involved in the global carriage of dry bulk and liquid cargoes, registered for an initial public offering Thursday evening. The Nassau, Bahamas-based company generated $126 million in revenue with an EBITDA margin of 51.4% for the 2005 fiscal year. Credit Suisse and UBS Investment Bank will underwrite the deal. Terms and timing have yet to be announced.

