TBS reaches deal to acquire ship

TBS reaches deal to acquire ship TBS International Ltd. said it has agreed to buy the handysize bulk carrier ,Gebe Oldendorff for $32 million.
   The ship, to be renamed Oneida Princess, is a 1998 built, 23,510 dwt vessel and the company expects delivery in January.
   This purchase and three pending deals will boost the fleet of Yonkers, N.Y.-based TBS to 37 vessels, with an aggregate capacity of 1.1 million dwt. TBS's fleet includes 20 multipurpose tweendeckers and a combination of 17 handysize and handymax bulk carriers.
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