TBSI $5.64 daily and weekly charts High Rated Stocks down 25%-50% 1 Year -- by AugustaFriends 6 Sep 10.
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DUBLIN, IRELAND--(Marketwire - 09/02/10) - TBS International plc (NASDAQ:TBSI - News) announced today that it has taken delivery of the newly-constructed vessel M/V Montauk Maiden from Nantong Yahua Shipbuilding Group Co., Ltd.
The M/V Montauk Maiden is the third in a series of six "Roymar Class" 34,000 dwt multipurpose tweendecker vessels that the Company has ordered with China Communications Construction Company Ltd./ Nantong Yahua Shipbuilding Group Co., Ltd. for a purchase price of $35.4 million per vessel. This vessel, like its sister ships, has box-shaped holds, open hatches and fully retractable hydraulic tweendecks, is geared with 35 and 40 ton cranes combinable up to 80 tons, and has a modern fuel-efficient engine enabling the vessel to operate effectively at 15 knots.
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