TBS Appoint Gregg McNelis Permanent CEO

Press Release
Thursday, November 15, 2012

TBS Shipping Board of Directors appoint the Company’s co-founder & Chief Operating Officer, Gregg McNelis, to Chief Executive Officer & President.

TBS Shipping Limited (TBS) provides worldwide shipping solutions to industrial shippers through its Five Star Service: ocean transportation, projects, operations, port services, and strategic planning. The TBS shipping network operates liner, parcel and dry bulk services, supported by a fleet of a multipurpose tweendeckers and handysize/handymax bulk carriers.

Mr. McNelis commented, “TBS has a renewed focus on enhancing customer relationships, refreshing the fleet and empowering the many dedicated professionals who professionally execute our business worldwide. I look forward to my expanded role, leading TBS to successfully compete in our global markets while increasing stakeholder value.”

Executive Chairman of the Board, Jeff Parry, commented, “The Board is pleased to promote Gregg to the CEO position which reinforces the Company’s commitment and continuity in meeting all of TBS’ customers’ shipping and logistics needs as the Company grows through the shipping cycle.”

 

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