| Date | Time | Source | |
| 02/07/2012 | 11:47AM | DJN | Shipping Company TBS International Files For Chapter 11 By Stephanie Gleason Of DOW JONES DAILY BANKRUPTCY REVIEW International shipping company TBS International Plc (TBSI) filed for Chapter 11 bankruptcy protection Monday, blaming factors that have led other shipping companies to seek similar relief under the Bankruptcy Code, including a weak global economy, increased fuel... More...>> |
| 02/06/2012 | 7:13PM | MWUS | TBS International Receives Overwhelming Support From Banks on Comprehensive Debt Restructuring Files Pre-Packaged Chapter 11 Cases and Plan of Reorganization voted on and accepted by Lenders Seeks permission to pay all foreign and critical trade creditors without disruption Plan of Reorganization pays all unsecured creditors in full upon exit $42.8 million debtor in possession financing will provide ample liquidity... More...>> |
| 02/06/2012 | 7:13PM | MWUS | TBS International Receives Overwhelming Support From Banks on Comprehensive Debt Restructuring Files Pre-Packaged Chapter 11 Cases and Plan of Reorganization voted on and accepted by Lenders Seeks permission to pay all foreign and critical trade creditors without disruption Plan of Reorganization pays all unsecured creditors in full upon exit $42.8 million debtor in possession financing will provide ample liquidity... More...>> |
| 12/20/2011 | 7:32PM | MWUS | TBS International Announces Agreements to Deleverage Its Balance Sheet and Refresh Its Fleet TBS International plc (NASDAQ: TBSI) today announced that it has reached agreements with its bank lenders on terms to reduce its leverage and refresh its fleet. As part of these agreements, TBS and the syndicates led by Bank of America and DVB Group Merchant Bank have agreed on terms to restructure outstanding indebtedness... More...>> |
| 12/02/2011 | 4:58PM | MWUS | TBS International Reaches Agreement With Banks to Extend Forbearance TBS International plc (NASDAQ: TBSI) previously announced in September 2011 that, with the agreement of the requisite lenders under its various financing facilities, it would not make certain principal payments due on its financing facilities for the period through December 15, 2011. Today the Company is announcing that... More...>> |
| 11/17/2011 | 4:01PM | MWUS | TBS International Continues Discussions With Its Bankers TBS International plc (NASDAQ: TBSI) announced today that it is continuing its discussions with its consortium of bankers to restructure its bank debt and alleviate some of the pressure on its cash flow. The discussions continue to focus on reaching agreements with all of the Company's different lending syndicates. While... More...>> |
| 11/08/2011 | 4:21PM | MWUS | TBS International plc Reports Third Quarter and Nine Months 2011 Financial Results TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the third quarter and nine months ended September 30, 2011. Third Quarter and Nine Months 2011 Highlights: Metric Q3 2011 Q3 2010 9M 2011 9M 2010 ---------- ---------- ---------- ---------- Revenue (thousands) $ 95,686 $ 99,754... More...>> |
| 09/07/2011 | 5:00PM | MWUS | TBS International Reaches Agreement With Banks on Payment Deferral TBS International plc (NASDAQ: TBSI) announced today that, with the agreement of the requisite lenders under its various financing facilities, it is not making certain principal payments due on its financing facilities for the period from September 30, 2011 through December 15, 2011. The Company's lender groups will forbear... More...>> |
| 08/08/2011 | 4:05PM | MWUS | TBS International plc Reports Second Quarter and Six Months 2011 Financial Results TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the second quarter and six months ended June 30, 2011. Second Quarter and Six Months 2011 Highlights: ---------- ---------- ---------- ---------- Metric Q2 2011 Q2 2010 6M 2011 6M 2010... More...>> |
| 08/03/2011 | 12:15PM | MWUS | TBS International plc Announces Dates for the Release of the Second Quarter 2011 Results, Conference Call and Webcast TBS International plc (NASDAQ: TBSI) announced today that it will release its results for the second quarter and six months ended June 30, 2011 after the market closes in New York on Monday, August 8, 2011. On the next day, Tuesday, August 9, 2011 at 8:30 a.m. EDT, the company's management will host a conference call to... More...>> |
| 06/01/2011 | 9:00AM | MWUS | TBS International Takes Delivery of Its Sixth Newbuild Roymar Class Multipurpose Tweendecker and Expands Fleet to 52 Vessels TBS International plc (NASDAQ: TBSI) announced today that it has taken delivery of the newly-constructed vessel M/V Maya Princess from China Communications Construction Company Ltd./Nantong Yahua Shipbuilding Group Co., Ltd. The M/V Maya Princes is the sixth and final delivery in the series of six "Roymar Class" 34,000... More...>> |
| 05/09/2011 | 6:15PM | MWUS | TBS International plc Reports First Quarter Ended March 31, 2011 Financial Results TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the first quarter ended March 31, 2011. First Quarter Ended March 31, 2011 Highlights: ---------- ---------- Metric Q1 2011 Q1 2010 ------ ---------- ---------- Revenue (thousands) $ 89,827 $ 100,069 Net (loss) attributable to... More...>> |
| 05/06/2011 | 5:16PM | MWUS | TBS International plc Announces Dates for the Release of the First Quarter Results, Conference Call and Webcast TBS International plc (NASDAQ: TBSI) announced today that it will release its results for the first quarter ended March 31, 2011 on Monday, May 9, 2011. On Wednesday, May 11, 2011 at 8:00 a.m. EDT, the company's management will host a conference call to discuss the results. Conference call details: Participants should... More...>> |
| 04/27/2011 | 4:17PM | MWUS | TBS International Announces Revised Rights Offering Record Date TBS International plc (NASDAQ: TBSI) (the "Company") announced today that the revised record date for its rights offering will be Saturday, May 7, 2011. The Company has filed a registration statement with the Securities and Exchange Commission under which it expects to conduct an offering of subscription rights that will... More...>> |
| 04/18/2011 | 9:00AM | MWUS | TBS International and Banks Agree to Modify Loan Covenants TBS International plc (NASDAQ: TBSI) announced today that it and its various lender groups have agreed to modify certain financial covenants through December 31, 2011. Pursuant to the new modifications, the minimum consolidated interest charges coverage ratio has been reduced for the fiscal quarters ending June 30, 2011... More...>> |
| 03/21/2011 | 11:12AM | MWUS | Key Industry Executives to Present at the 5th Annual Invest in International Shipping Forum Key industry executives to present at the 5th Annual Invest in International Shipping Forum. The Forum is hosted by Capital Link in cooperation with NYSE Euronext and NASDAQ OMX on Thursday, March 24, 2011 at the Metropolitan Club in New York City. For further information and to register, please visit http://forums.capitallink.com/shipping/2011newyork/index.html... More...>> |
| 03/15/2011 | 1:00AM | MWUS | TBS International plc Reports Fourth Quarter and Year Ended December 31, 2010 Financial Results TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the fourth quarter and year ended December 31, 2010. Fourth Quarter and Year Ended December 31, 2010 Highlights: Metric Q4 2010 Q4 2009 FY 2010 FY 2009 ----------- ----------- ----------- ----------- Revenue (thousands) $ 100,770... More...>> |
| 03/09/2011 | 2:00PM | MWUS | TBS International plc Announces Correction to Its Previously Announced Dates for the Release of the Fourth Quarter and Full Year TBS International plc (NASDAQ: TBSI) today announced a correction to its previously announced dates for the release of its results for the fourth quarter and full year ended December 31, 2010, and the conference call. TBS will release its results for the fourth quarter and full year ended December 31, 2010 after the market... More...>> |
| 03/09/2011 | 8:00AM | MWUS | TBS International plc Announces Dates for the Release of the Fourth Quarter and Full Year 2010 Results, Conference Call and Webc TBS International plc (NASDAQ: TBSI) announced today that it will release its results for the fourth quarter and full year ended December 31, 2010 after the market closes in New York on Thursday, March 10, 2011. On the next day, Friday, March 11, 2011 at 10:00 a.m. EST, the company's management will host a conference call... More...>> |
| 03/03/2011 | 3:13PM | MWUS | 17 Listed Shipping Companies to Participate in the 5th Annual Capital Link Forum "Invest in International Shipping"; Thursday, M The senior management of 17 listed shipping companies to participate in the 5th Annual Invest in International Shipping Forum. The Forum is hosted by Capital Link in cooperation with NYSE Euronext and NASDAQ OMX on Thursday, March 24, 2011 at the Metropolitan Club in New York City. For further information and to register... More...>> |