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Thursday, November 26, 2009, 9:44AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
TBS International Limited (TBSI)On Nov 25: 8.01  Down 0.17 (2.08%)  
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TBS International Limited
Commerce Building
Chancery Lane
Hamilton,  HM 12
Bermuda - Map
Phone: 441-295-9230
Fax: 441-295-4957
Web Site: http://www.tbsship.com

DETAILS 
Index Membership:N/A
Sector:Services
Industry:Shipping
Full Time Employees:170

BUSINESS SUMMARY 
TBS International Limited, together with its subsidiaries, engages in the ocean transportation of dry cargo through owned and chartered vessels. It offers liner, parcel, bulk, and vessel chartering services. The company operates a fleet of multipurpose tweendeckers, and handysize and handymax bulk carriers that carry steel products, salt, sugar, grain, fertilizers, chemicals, metal concentrates, aggregates, and general cargo. It operates its business around trade routes between Latin America and Japan, and South Korea and China, as well as ports in North America, Africa, the Caribbean, and the Middle East. The company also provides cargo scheduling, loading, and discharge services. It serves industrial shippers in various markets, including mining companies, steel manufacturers, trading companies, heavy industry, industrial equipment enterprises, and construction companies. As of December 31, 2008, the company operated 47 controlled fleet vessels, including 45 owned ships and 2 ships charter-in with an option to purchase. TBS International Limited was founded in 1993 and is based in Hamilton, Bermuda.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Joseph E. Royce , 64
    Founder, Chairman, Chief Exec. Officer, Pres and Pres of TBS Shipping Services
    $ 450.00KN/A
    Mr. Ferdinand V. Lepere , 57
    Chief Financial Officer, Exec. VP and Exec. VP of Fin. - TBS Shipping Services
    $ 365.00KN/A
    Mr. Lawrence A. Blatte , 79
    Sr. Exec. VP and Vice Chairman of TBS Shipping Services
    $ 400.00KN/A
    Mr. Gregg L. McNelis , 53
    Chief Operating Officer, Sr. Exec. VP, Director and Exec. VP of Commercial Department - TBS Shipping Services
    $ 400.00KN/A
    Mr. Martin D. Levin , 59
    Pres of TBSI New Shipbuilding Corp
    $ 237.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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