TBS International PLC ( TBSI)

Q3 2010 Earnings Call Transcript

November 9, 2010 11:00 am ET

Executives

Fred Lepere – Senior EVP and CFO

Joseph Royce – President, CEO and Chairman

Analysts

Ben Nolan – Jefferies

Presentation

Operator

Ladies and gentlemen, welcome to the TBS International third quarter 2010 financial results conference call. We have with us Mr. Joseph Royce; Chairman, President and CEO and Mr. Fred Lepere, Senior Executive Vice President and Chief Financial Officer of the company.

At this time, all participants are in a listen-only mode. There will be a presentation followed by question-and-answer session. The conference call will also be webcast live, audio and slide show on the Investor Relations section of the company’s Web site, www.tbsship.com, by clicking on the webcast banner. I must advise you that this conference is being recorded today, Tuesday, November 9, 2010.

We will now pass the floor to one of your speakers today, Mr. Fred Lepere. Please go ahead, Mr. Lepere.

Fred Lepere

Good morning and thank you for joining TBS International’s quarterly conference call. The purpose of today’s call is to discus the results of TBS’s third quarter and nine months ended September 30, 2010.

Yesterday afternoon we issued a press release after the market closed in New York, with financial and operational information for the third quarter and nine months ended September 30, 2010. If you have not received this release, you may log on to our Web site at www.tbsship.com and navigate to the Investor Relations page or you can call Capital Inc. at area code 212-661-7566. We will also post the transcript of this call on our Web site once it’s been prepared.

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