Contact Information: For more information, please contact: Company Contact: Ferdinand V. Lepere Executive Vice President and Chief Financial Officer TBS International Limited Tel. 914-961-1000 InvestorRequest@tbsship.com Investor Relations / Media: Nicolas Bornozis Capital Link, Inc. New York Tel. 212-661-7566 E-mail: nbornozis@capitallink.com
TBS International Limited Announces Dates for the Release of the Second Quarter 2008 Results, Conference Call and Webcast
Earnings Release: Wednesday, August 6, 2008 After Close of the Market; Conference Call: Thursday, August 7, 2008, at 10:00 a.m. EDT
| Source: TBS International Limited
HAMILTON, BERMUDA--(Marketwire - July 14, 2008) - TBS International Limited (NASDAQ : TBSI )
announced today that it will release its results for the second quarter
ended June 30, 2008 after the market closes in New York on Wednesday,
August 6, 2008.
The next day, Thursday, August 7, 2008 at 10:00 a.m. EDT, the company's
management will host a conference call to discuss the results.
Conference call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1-888-713-4215 (from the US) or 1-617-213-4867
(International Dial In). Participant Passcode: 64411579. The conference
call will also be webcast live on the company's website: www.tbsship.com by
clicking on the webcast link. Participants may pre-register for the call at
https://www.theconferencingservice.com/prereg/key.process?key=PX3GKK97R.
Pre-registrants will be issued a PIN number to use when dialing into the
live call which will provide quick access to the conference by bypassing
the operator upon connection.
Replay:
A telephonic replay of the conference call will be available from 12:00
p.m. EDT on Thursday, August 7, 2008 until Thursday, August 14, 2008 by
dialing 1-888-286-8010 (from the US) or 1-617-801-6888 (International Dial
In). Access Code: 55267081. A replay of the webcast will be available soon
after the completion of the call.
Webcast:
There will also be a live -- and then archived -- slides and audio webcast
of the conference call on the company's website www.tbsship.com, which can
be accessed by clicking on the webcast link. As soon as practicable, the
webcast and the corresponding slides will be archived and will also be
accessible on our website.
Forward-Looking Statements "Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995
This press release contains forward-looking statements made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on management's current
expectations and observations.
Included among the factors that, in the company's view, could cause actual
results to differ materially from the forward-looking statements contained
in this press release are the following:
-- changes in demand;
-- a material decline or prolonged weakness in rates in the shipping
market;
-- changes in rules and regulations applicable to the shipping
industry, including, without limitation, legislation adopted by
international organizations such as the International Maritime
Organization and the European Union or by individual countries;
-- actions taken by regulatory authorities;
-- changes in trading patterns significantly impacting overall vessel
tonnage requirements;
-- changes in the typical seasonal variations in charter rates;
-- increases in costs including without limitation: changes in
production of or demand for oil and petroleum products, generally or in
particular regions; crew wages, insurance, provisions, repairs and
maintenance;
-- changes in general domestic and international political conditions;
-- changes in the condition of the company's vessels or applicable
maintenance or regulatory standards (which may affect, among other
things, the company's anticipated drydocking or maintenance and repair
costs); and
-- other factors listed from time to time in the company's filings with
the Securities and Exchange Commission, including, without limitation,
its Annual Report on Form 10-K for the period ended December 31, 2007
and its subsequent reports on Form 10-Q and Form 8-K.
About TBS International Limited
TBS is an ocean transportation services company that offers worldwide
shipping solutions through liner, parcel and bulk services, and vessel
chartering. TBS has developed its business around key trade routes between
Latin America and China, Japan and South Korea, as well as select ports in
North America, Africa and the Caribbean. TBS provides frequent regularly
scheduled voyages in its network, as well as cargo scheduling, loading and
discharge for its customers.
Visit our website at www.tbsship.com