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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


Denmark Adopts Digital Ship Certification

Photo: Danish Maritime Authority

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition of certifying ships with paper certificates.   Until now, ship certification typically involved printing


UK First to Accept Marine Geoengineering Amendments

Photo: International Maritime Organization (IMO)

 The United Kingdom has become the first State to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.    The amendments support the precautionary approach by providing for specific


Ovation Of The Seas Sets Sail From China

Ovation Of The Seas. Photo by Royal Caribbean

 Royal Caribbean christened their third Quantum class cruise ship, Ovation of the Seas, to huge fanfare in a ceremony in Tianjin, China.   The event marked the first time a Royal Caribbean ship has been named in China, and actress Fan Bingbing became the company’s first ever


Winners of International Seafarers' Welfare Awards

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The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The ceremony forms part of ISWAN's celebrations in the Philippines for the IMO Day of the Seafarer


EU Calls for Free Passage in South China Sea

Countries must be free to pass through the South China Sea, the European Commission said on Wednesday, in its first diplomatic admonishment of Beijing after Chinese jets intercepted a U.S. military plane over the contested waters last month.  


OOCEP Ships First Crude Oil from MGP Terminal

Marsol performing the tanker operations (Photo: Marsol International)

Oman Oil Company Exploration & Production LLC (OOCEP) shipped its first crude oil cargo from the Musandam gas plant (MGP) with the support of UAE-based Marsol International.   OOCEP, a subsidiary of Oman Oil Company S.A.O.C exported 300,000 barrels of crude oil as part of the operation


TEN Sends New Aframax Tanker to Work for Statoil

Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine assigned for the Statoil long-term business. The vessel was delivered from Daewoo Mangalia Heavy Industries and will immediately


InterManager Welcomes Seafarers Awareness Week

Kuba Szymanski Photo InterManage

InterManager, the international trade association for in-house and third party ship management, is giving its full support to this week’s Seafarers Awareness Week (20-26 June), co-ordinated by Seafarers UK.   “Maritime Jobs for Future Generations” is the theme


Promoting National Maritime Transport Policy in Saint Lucia

Photo: International Maritime Organization (IMO)

 A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.    The workshop is aimed at highlighting the promotion and development of such a policy


Admiral of the Ocean Sea Award Recipients Named

Clockwise (from top left) Arthur E. Imperatore, Christopher Wiernicki, and Donald Marcus, Photo USS

The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways; Donald Marcus, President of the International Organization of Masters, Mates & Pilots; and Christopher Wiernicki


Vandermeiren is CEO, Antwerp Port

Jacques Vandermeiren Photo Antwerp Port Authority

Jacques Vandermeiren (52) has been appointed CEO of Antwerp Port Authority as of 1 January 2017. He succeeds Eddy Bruyninckx who after 25 years at the head of the Port Authority is retiring on 31 December 2016. Until January 2015 Vandermeiren held the position of Chief Executive Officer of Elia


UK First to Accept Marine Geoengineering Amendments

Photo: IMO

The United Kingdom has become the first state to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.   The amendments support the precautionary approach by providing for specific marine


More than 2,000 Migrants Rescued at Sea -Italy Coastguard

File photo: Italian Navy

Ship crews pulled more than 2,000 migrants from overcrowded boats in the Mediterranean on Friday, Italy's coastguard said, as people smugglers stepped up operations during two consecutive days of good weather.   More than 7,100 people have now been plucked from international waters since


Crystal Cruises Plans Return to Port Everglades

Photo: Crystal Cruises

Crystal Cruises' ships will return to Broward County's Port Everglades beginning in Fall 2017, having last sailed from the port in 2006.   Beginning October 27, 2017, Crystal Serenity and Crystal Symphony will sail a total of eight sailings to and from Port Everglades


RS Rules Conform to the IMO Goal-based Standards

The rules of the Russian Maritime Register of Shipping are in conformity to the International Maritime Organization (IMO)goal-based standards (GBS), the IMO’s Maritime Safety Committee (MSC) confirmed at its 96th session held in London from May 11-20, 2016.  






 
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