Exhibit 99.1

Contacts:	Donald H. Anderson, President/CEO
	Randall J. Larson, Executive Vice President/CFO
	303-626-8200

TransMontaigne Inc. Receives Notice of Early Termination of Hart-Scott-Rodino Act Waiting Period

Thursday, July 13, 2006

Immediate Release

Denver, Colorado — TransMontaigne Inc. (NYSE: TMG) today announced that it and Morgan Stanley Capital Group Inc. (“Morgan Stanley Capital Group”) have received early termination of the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the merger of TransMontaigne with a subsidiary of Morgan Stanley Capital Group. As previously announced on June 22, 2006, Morgan Stanley Capital Group will pay $11.35 per share in cash for each outstanding share of our capital stock.

The termination of the Hart-Scott-Rodino waiting period satisfies one of the conditions to the merger. Consummation of the merger, which is expected to occur in August or September of this year, remains subject to other customary closing conditions, including the approval of the merger by TransMontaigne’s stockholders.

Additional Information and Where to Find It

On June 23, 2006, TransMontaigne filed a current report on Form 8-K with the Securities and Exchange Commission (“SEC”), which contained the merger agreement and related documents. On July 7, 2006, TransMontaigne filed revised proxy materials with the SEC and, subject to compliance with applicable SEC regulations, will mail to its stockholders definitive proxy materials regarding the merger transaction. Such proxy materials will contain information about TransMontaigne, the proposed merger and related matters. Stockholders are urged to read the proxy statement carefully when it is available, as it will contain important information that stockholders should consider before making a decision about the proposed merger. In addition to receiving the proxy statement from TransMontaigne by mail, stockholders will be able to obtain the proxy statement, as well as other filings containing information about TransMontaigne, without charge, from the SEC’s website (http://www.sec.gov) or, without charge, from TransMontaigne at http://www.transmontaigne.com.

This announcement is neither a solicitation of proxy, an offer to purchase, nor a solicitation of an offer to sell shares of TransMontaigne. TransMontaigne and its executive officers and directors may be deemed to be participants in the solicitation of proxies from TransMontaigne’s stockholders with respect to the proposed merger. Information regarding any interests that TransMontaigne’s executive officers and directors may have in the transaction will be set forth in the proxy statement.

About TransMontaigne Inc.

TransMontaigne Inc. is a refined petroleum products marketing and distribution company based in Denver, Colorado with operations in the United States, primarily in the Gulf Coast, Midwest and East Coast regions. The Company’s principal activities consist of (i) terminal, pipeline, and tug and barge operations, (ii) marketing and distribution, (iii) supply chain management services and (iv) managing the activities of TransMontaigne Partners L.P. (NYSE: TLP). The Company’s customers include refiners, wholesalers, distributors, marketers, and industrial and commercial end-users of refined petroleum products. Corporate news and additional information about TransMontaigne Inc. is available on the Company’s web site: www.transmontaigne.com

Forward-Looking Statements

This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These forward-looking statements include statements regarding the proposed transactions. These statements are based on the current expectations of management of TransMontaigne. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this document. For example, (1) TransMontaigne may be unable to obtain stockholder approval required for the merger transaction; (2) conditions to the closing of the merger transaction may not be satisfied or the merger agreement may be terminated prior to closing; (3) the merger transaction may involve unexpected costs or unexpected liabilities; (4) the businesses of TransMontaigne may suffer as a result of uncertainty surrounding the merger transaction; and (5) TransMontaigne may be adversely affected by other economic, business, and/or competitive factors. Additional factors that may affect the future results of TransMontaigne are set forth in our Annual Report on Form 10-K for the year ended June 30, 2005 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2006 as filed with the SEC, which are available at www.transmontaigne.com. TransMontaigne undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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TRANSMONTAIGNE INC 8-K