TBS International Limited Takes Delivery of Two Handymax Bulk Carriers, M.V. Canarsie Princess and M.V. Houma Belle

HAMILTON, BERMUDA–(MARKET WIRE)–Jun 18, 2008 — TBS International Limited (NasdaqGS:TBSI – News) announced that it 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.