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TBS International adds 34th ship to fleet

TBS International adds 34th ship to fleet

   TBS International Ltd., a company that offers liner parcel and bulk transportation services, said it had acquired its 34th ship, a 41,808 dwt handymax bulk carrier.

   The company said it had agreed to acquire the vessel charter-free for a total consideration of $16 million. The ship, which will be renamed the 'Alabama Belle,' is expected to be delivered to TBS between Nov. 20 and Dec. 5.

   With the latest acquisition, TBS now has a fleet with total capacity of 1.0 million dwt comprising 19 multipurpose ships and 15 handysize and handymax bulk carriers.