TBS International Limited (NASDAQ: TBSI), an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has entered into agreements to acquire two handysize bulk carriers, the M.V. Clipper Flamingo and the M.V. Clipper Frontier, thereby expanding its fleet to a total of 33 vessels. TBS agreed to acquire the vessels charter free for a total consideration of $45 million. Both vessels are expected to be delivered to TBS during November 2006.
Green Marine
about 20 years ago
TBS International Limited Announces the Acquisition of Two Vessels
TBS International Limited (NASDAQ: TBSI), an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has entered into agreements to acquire two handysize bulk carriers, the M.V. Clipper Flamingo an
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