TBS International Acquires Expanding its Fleet

Tuesday, December 12, 2006
TBS International Limited has entered into an agreement to acquire a multi-purpose tweendecker, the M/V Blu Mistral II to be renamed the M/V Nanticoke Belle. TBS agreed to acquire the vessel charter free for $16.95 million. The vessel is expected to be delivered to TBS between February 15, 2007 and March 31, 2007. M/V Blu Mistral II, built in 1989, has a total dwt of 28,843 and is the sister ship of the TBS vessel M/V Wichita Belle, built in 1991, with the same dwt capacity. The M/V Blu Mistral II has two retractable tweendecks that optimize the floor space and cargo flexibility and is one of the very few modern tweendeckers of this size in the industry. Following the acquisition of the M/V Blu Mistral II, TBS's fleet will be comprised of 35 vessels in total, including 20 multipurpose and a combination of 15 handysize and handymax bulk carriers, with an aggregate of 1,053,719 dwt.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

Volvo Penta Names Brown Commercial Marine Sales Director

Dave Brown has joined Volvo Penta of the Americas as director of commercial marine sales.   In this new position, Brown will provide strategic and administrative

Shipbuilding

NASSCO Delivers Garden State to APT

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

VesselValue.com: $28.4B Worth of Ships Delivered to Date

As the calendar now indicates we have passed the half year mark on 2016, VesselValue.com offers insight on the number and value of all the 2016 built vessels that

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.1129 sec (9 req/sec)