SOURCE: TBS International Limited

November 21, 2007 08:00 ET

TBS International Limited Chief Executive Officer Joseph Royce Appears on Bloomberg Television

HAMILTON, BERMUDA--(Marketwire - November 21, 2007) - TBS International Limited (NASDAQ: TBSI) Chairman, Chief Executive Officer and President, Joseph Royce, was interviewed on November 19, 2007 by Kathleen Hays of Bloomberg Television in the segment "On the Economy." Mr. Royce discussed the dry bulk shipping market and TBS International.

The interview is available on the TBS International website under media interviews of the investor relations section of the website.

You can also access the interview directly by clicking on or pasting the following link to your internet browser.

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, the Caribbean and the Mediterranean. TBS provides frequent regularly scheduled voyages in its network, as well as cargo scheduling, loading and discharge for its customers.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are hereby cautioned that these statements may be affected by certain factors, among others, set forth below and in TBS's filings with the Securities and Exchange Commission, and consequently, actual operations and results may differ materially from the results discussed in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated by forward-looking statements is the ability of the buyer and seller of the vessel to satisfy customary conditions to our obligation to purchase the vessel. Other factors that could affect TBS's operations and results are discussed in TBS's filings with the Securities and Exchange Commission. TBS undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

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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

    Investor Relations / Media:
    Nicolas Bornozis
    Capital Link, Inc. New York
    Tel. 212-661-7566