TBS Buys $16.1m Ship Carrier

Monday, October 30, 2006
According to reports, TBS International Ltd., an ocean transportation services company, has acquired a bulk ship carrier for $16.1m. The handymax bulk carrier will be able to carry anywhere between 35,000 tons to 50,000 tons. The ship, to be renamed M/V Alabama Bell, is expected to be delivered to TBS between Nov. 20 and Dec. 5.

The purchase of Alabama Bell will expand TBS's fleet to 34 vessels. Shares of TBS dropped 1 cent to $8.09 on the Nasdaq in late morning trading. Source: AP

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NY Harbor Supply & Distribution Fall Reception/Buffet

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries

Kounalakis Joins OW Bunker N. America

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America.

HII Appoints Brenton as Corporate Director

Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1203 sec (8 req/sec)