TBS International Limited

Type: Public
On the web: http://www.tbsship.com
Employees: 170
Employee growth: 0.0%

Salt, sugar, and grain will go a long way toward making dough, but the recipe for success followed by ocean freight transporter TBS International includes some additional ingredients, such as fertilizer, steel products, and industrial equipment. With a fleet of more than 45 vessels, TBS International carries a variety of cargo on several shipping routes, primarily between the Americas and Asia; it also charters vessels to customers. Its fleet is divided between Handymax and Handysize bulk carriers and multipurpose tweendecker vessels, which can be configured to carry various types of cargo. The TBS International fleet has an overall capacity of more than 1.4 million deadweight tons (DWT).

Key numbers for fiscal year ending December, 2010:
Sales: $411.8M
One year growth: 36.1%
Net income: ($245.3)M

Officers:
Chairman, President, and CEO; President, TBS Shipping Services: Joseph E. Royce
SEVP, COO, and Director: Gregg L. McNelis
EVP and CFO; EVP Finance, TBS Shipping Services: Ferdinand V. Lepere

Competitors:
A.P. Møller - Mærsk
Kawasaki Kisen
Mitsui O.S.K. Lines