Dwt Handymax Bulk Carrier News

TBS International Limited has taken delivery of the M.V. Fox Maiden, previously known as the Explorer, a 1985 built, 40,902 dwt handymax bulk carrier. The Company had agreed to acquire this vessel charter free for $35.5 million in June 2008. With this delivery, TBS' current fleet comprises 46 vessels with an aggregate of 1,390,473 dwt, consisting of 23 tweendeckers and 23 handymax/ handysize bulk carriers.

TBS International Limited has taken delivery of the M.V. Tupi Maiden, formerly known as the M.V. Ken Blossom, an acquisition it announced in June 2008. The M.V. Tupi Maiden is a 1992 built, 38,852 dwt handymax bulk carrier that the Company agreed to acquire charter free for $44.0 million. With this delivery, TBS' current fleet consists of 45 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of one more handymax bulk carrier (M.V. Fox Maiden) by the end of Q3 2008. Once this delivery is concluded, TBS' fleet will be comprised of 46 vessels with an aggregate of 1,390,473 dwt, consisting of 23 tweendeckers and 23 handymax/ handysize bulk carriers.

TBS International Limited has taken delivery of the M.V. Canarsie Princess, formerly known as the M.V. Athinoula, and the M.V. Houma Belle, previously known as the M.V. North Star. M.V. Canarsie Princess is a 1985 built, 42,842 dwt handymax bulk carrier that the Company agreed to acquire charter free for $30.3 million in February 2008. The acquisition of M.V. Houma Belle, which was announced in April 2008, is a 1985 built, 42,219 dwt handymax bulk carrier that the Company agreed to acquire for $34 million charter free. With these deliveries, TBS's current fleet consists of 44 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of an additional handymax bulk carrier (M.V. Fox Maiden) by the end of Q3 2008.

TBS International Limited announced that it has entered into an agreement to acquire the M.V. Desert Explorer, to be renamed M.V. Fox Maiden, a 1985 built, 40,902 dwt handymax bulk carrier. TBS has agreed to acquire this vessel charter free for $35.5 million with expected delivery within the third quarter of 2008. Following this acquisition and the deliveries of the previously announced vessels, TBS' fleet will be comprised of 45 vessels with an aggregate of 1,351,621 dwt, consisting of 23 tweendeckers and a combination of 22 handymax/handysize bulk carriers.

state shipbuilder Vietnam Ship Industry Corporation (Vinashin). Graig's long standing experience with building high quality ships in China. Graig. with procurement, with finance and with all important quality control. Vietnam can provide them with high quality tonnage. significantly enhancing safety and environmental protection. Delivery date for the first Vinashin vessels is January 2006. Namtrieu Shipbuilding Industry Company in Haiphong. largest and most sophisticated vessels yet built in Vietnam. another substantial shipbuilding centre," says Williams. with the full support of the Vietnamese government. discussion. discussions with charterers. company based in Shanghai. Bulk Carrier with full Nauticus package including a full 3-D model. is scheduled for delivery this year.

A Consortium led by the U.K.-based Graig Group and its China-based subsidiary have given a major boost to the Diamond 53, a new, future-proof double-hull ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. Delivery of the first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, ceo of Graig. owners and charterers major operational cost savings, while significantly enhancing safety and environmental protection. conducting. The Diamond 53 ultra-handymax double-hull bulk carrier design has been developed jointly by Graig and Denmarks' Carl Bro, with whom Graig has a joint venture design company based in Shanghai.

ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, CEO of Graig. owners and charterers major operational cost savings, while significantly enhancing safety and environmental protection. conducting. The Diamond 53 ultra-handymax double-hull bulk carrier design has been developed jointly by Graig and Denmarks' Carl Bro, with whom Graig has a joint venture design company based in Shanghai. operational experience both from owners and class. including a full 3-D model. The first series of ships are intended to be built at Bohai and other nominated CSIC Shipyards in northern China.

double-hull ultra handymax Diamond 53 bulk carrier. confirmed, through Graig, three orders at Shanghai's Chengxi yard. deliveries will begin in January 2005. granted by the two shipyards. says Hugh Williams, ceo of Graig. for bulkers, we expect many more to follow their lead. discussions with charterers. company based in Shanghai. Bulk Carrier with full Nauticus package including a full 3-D model. Seascope has been appointed as exclusive broker for the Diamond series. concerns raised by IMO/IACS around bulk carrier safety. and four 36 tonne electro-hydraulic luffing cranes. Diamond 53 design can be found on the www.graigcarlbro.com website. panamax vessel, the Diamond 75. capesize Diamond.