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Tbs International

TBS Expands to 39 Ships

TBS International Limited has taken delivery of the M.V. Hopi Princess, previously the M.V. African Sanderling, a 1984 built, 20,401 dwt multipurpose tweendecker. TBS had agreed to acquire this vessel charter free for $18.3 million in November 2007. With the delivery of the M.V. Hopi Princess, TBS' current fleet consists of 39 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of two additional multipurpose tweendeckers (the M.V. Ottawa Princess and M.V. Caribe Maiden) and one handysize bulk carrier (the M.V. Mohave Maiden) by end of the first quarter of 2008. Once these deliveries are concluded, TBS' fleet will be comprised of 42 vessels with an aggregate of 1,225,560 dwt, consisting of 23 tweendeckers and 19 handymax/handysize bulk carriers.


TBS Acquires Vessel

TBS International Limited has expanded its fleet of vessels by taking delivery of the M.V. Comanche Belle. The M.V. Comanche Belle, which will be renamed the Huron Maiden, is a 23,300 dwt multipurpose tweendecker that was built in 1983. TBS exercised the purchase option granted under the time charter dated December 9, 1996 to purchase the vessel for $3.8 million. It was delivered in Pusan, Korea on November 16, 2005. The acquisition of the M.V


TBS Reports 3Q, 9 Mo Results

Joseph E. Royce, Chairman and Chief Executive Officer and President of TBS International Limited, stated: "We attribute these record results to the efforts of our worldwide team of shipping professionals delivering our TBS Five Star Service (Ocean Transportation, Logistics, Portside Services, Operations and Strategic Planning) to our global customer base. TBS owns its vessels, deals directly with our clients and presently does not have vessels on long term time charters.


TBS International Reports Q4 and Year 2010 Financial Results

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DUBLIN, IRELAND, Mar 15, 2011 (MARKETWIRE via COMTEX) --TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the fourth quarter and year ended December 31, 2010. Management Commentary: Joseph E. Royce, Chairman, Chief Executive Officer and President stated: "The TBS results for the fourth quarter 2010 reflect the ongoing downward pressure on dry cargo freight rates that have continued into the first quarter of 2011


TBS Takes Delivery of Its Sixth Newbuild Vessels

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TBS International plc (NASDAQ: TBSI) announced today that it has taken delivery of the newly-constructed vessel M/V Maya Princess from China Communications Construction Company Ltd./ Nantong Yahua Shipbuilding Group Co., Ltd. The M/V Maya Princes is the sixth and final delivery in the series of six "Roymar Class" 34,000 dwt multipurpose tweendecker vessels that the Company ordered at a purchase price of $35.4 million per vessel


Court Confirms TBS International Plan of Reorganization

TBS International plc announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the Company's Plan of Reorganization, paving the way for the reorganized Company's expedited emergence from chapter 11 proceedings, less than 60 days after its February 6 filing. The Plan reflects overwhelming support from its voting lenders to restructure the Company's secured debt and to pay in full in cash all allowed claims of unsecured creditors, including all vendors


Germanischer Lloyd Gives Nod to CORSAIR TVR v.2

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Baker Lyman's software is only approved Towing Vessel Record.   Classification giant Germanischer Lloyd (GL) granted Type-Approval to Baker, Lyman & Co (BL) for their cutting-edge Towing Vessel Record software, CORSAIR TVR v.2, effective November 1, 2012.  The software Type-Approval by Germanischer Lloyd solidifies CORSAIR TVR v.2's position as the exclusive regulatorily defined record-keeping process for Sub-Chapter M


Registration Open for SHIPPINGInsight Fleet Optimization Conference

The producers of the SHIPPINGInsight Fleet Optimization Conference have announced that online registration is now open.  Following a successful inaugural conference in 2012, the 2013 event will take place October 22-24 at the Sheraton Stamford Hotel in Stamford, Conn. It will bring together senior executives from shipowners, ship managers, classification societies, regulatory bodies, consultancies and suppliers to address the pressing issues facing fleet operators in the current


SHIPPINGInsight 2014 Wraps in Stamford

Photo courtesy of SHIPPINGInsight

Three days of speakers, panels, roundtable discussions, exhibits and networking events More than 150 shipping industry professionals from around the world gathered this month in Stamford, Conn., for SHIPPINGInsight 2014 – a technical and ship operations forum for the maritime industry in North America. The annual SHIPPINGInsight event, held Sept. 30 – Oct. 2, encompassed three days of presentations, discussions, debates and networking


SubM Debut Now Set for February 2016

ABS and ABS Group are conducting seminars for industry stakeholders seeking to learn more about Subchapter M and compliance options. Pictured here are attendees and speakers at a recent event in Paducah, KY.

Outsourcing, E-Solutions Help Mariners “Say What You Mean, Mean What You Say, and Prove it.” The perennial “Year of Subchapter M” has been kicked forward again, this time to February 2016. That means that the clock is now ticking loudly for those towing operations that have yet to climb onboard the safety train. Quality operators see standardized safety practices as a way of leveling the playing field, integral to maintaining the health and profitability of their fleets


Hapag-Lloyd's Hanseatic to Remain in Fleet Until September 2018

Hapag-Lloyd Cruises

 The popular five-star expedition ship, the MS HANSEATIC is set to remain in the Hapag-Lloyd Cruises fleet for six more months, until the end of September 2018.    The first of the Germany-based cruise provider’s two new expedition ships will be launching in April 2019


Robert Allan, Uzmar Shipyard Ink Tug Deal

Contract signing Photo Robert Allan

Robert Allan Ltd. has signed a contract during the recent International Workboat Show in New Orleans, USA.  Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project that is an example of the continuing strong co-operation existing between the


Preventing Maritime Traffic Delays

Photo:  International Maritime Organization (IMO)

 Facilitation of maritime traffic is on the agenda at a national seminar being held in Manila, the Philippines (6-8 December), with thirty participants from ministries responsible for clearing ships, cargo, crew and passengers at ports of the Philippines, and private stakeholders. 


Robert Allan Inks Contract with Uzmar Shipyard

Photo courtesy of Robert Allan Ltd.

Robert Allan Ltd. has announced the signing of a contract during the recent International Workboat Show in New Orleans, USA.  Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project.  


Brunswick Launches Aluminum RHIB Line

8.5-meter aluminum RHIB

At the first day of the International WorkBoat Show in New Orleans, La., Brunswick Commercial & Government Products (BCGP) introduced an 8.5-meter aluminum RHIB.   A first of its kind for the Company, the 850 Aluminum Impact RHIB is the introductory model from a line-up that features


Next Geosolutions Boosts Middle East Presence

Ennio Lucidi Next Geosolutions’ Middle East general manager Photo Next Geosolutions

Next Geosolutions is set to increase its international credentials in the Arabian Gulf, with a seven figure investment. The independent geoscience and engineering service provider has launched a new multi purpose-built operational facility in the Hamriyah Free Zone of Sharjah (UAE)


DNV GL Assists John Laing in Horath Onshore Wind Farm

Photo: DNV GL

 DNV GL, the world largest resource of independent energy experts, has assisted John Laing, a leading international originator, investor and manager of infrastructure projects, in its investment in the onshore wind farm Horath Wind Farm in Germany.   


Russian Ship Runs Aground in Istanbul

Bad weather forced a Russian ship to run aground in Istanbul on Friday and the crew was awaiting rescue, Turkey's Dogan news agency reported. The ship ran aground near Istanbul's Kartal district, on the Asian side of the city and on the coast of the Sea of Marmara, Dogan reported


Enhancing Maritime Security in the Dominican Republic

Photo:  International Maritime Organization (IMO)

 A table-top exercise on maritime security has been held in Santo Domingo, Dominican Republic, (1-2 December) to assist the country to effectively implement provisions that fall within the scope of  International Maritime Organization (IMO)  maritime security measures


ICC, DRD Team Up to Shed Light on Arbitration

ICC Global Headquarters Photo ICC

The International Chamber of Commerce (ICC) has announced it has entered into a cooperation agreement with Dispute Resolution Data (DRD) – a research service for international commercial arbitration and mediation. Under the terms of the agreement


Industry to Prevent Shipping of Counterfeit Goods

Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods. Leaders from global shipping firms, freight forwarders


IMO Newcomer Belarus Accedes to Further Treaties

From left: Kitack Lim and Sergei Aleinik (Photo: IMO)

Just one week after becoming the 172nd member state of the International Maritime Organization (IMO), the Belarus has acceded to three IMO treaties covering a variety of ship safety measures, including conventions on load lines and facilitation of maritime traffic.  


Eunavfor Renewal Welcomed

Photo: EUNAVFOR

 The International Chamber of Shipping (ICS) has welcomed the extension of EUNAVFOR Operation Atalanta, following a decision by the EU Council, which will continue to see military forces deployed for counter piracy operations in the Western Indian Ocean until December 2018.    


Wiswall Receives International Maritime Prize

Dr. Frank Lawrence Wiswall Junior (Photo: IMO)

Maritime lawyer Dr. Frank Lawrence Wiswall Junior, former Chair of the International Maritime Organization (IMO) Legal Committee and Vice President (Honoris Causa) of the Comité Maritime International (CMI), has received the International Maritime Prize for 2015 for his contribution to the


US Fines 'Duck Boat' Manufacturer in Fatal Crash

The U.S. Transportation Department said on Tuesday the company that built a Seattle amphibious "duck boat" involved in a deadly 2015 collision between the vehicle and a charter bus that killed five international students has agreed to pay a fine of up to $1 million.  






 
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