Bermuda-based TBS Shipping Ltd. has taken delivery of the M.V. Seminole Princess (ex M.V. Clipper Flamingo), bringing the company's fleet to 32 ships.

The 29,516 deadweight ton ship was built in 1997 at the Dalian Shipyard.

TBS said expects to take delivery of two additional bulk carriers by December 5. These two vessels are the M.V. Laguna Belle (ex M.V. Clipper Frontier), a 29,458 dwt 1996-built handysize bulk carrier, and the M.V. Alabama Belle, (ex M.V. Aliki), a 41,808 dwt 1986-built handymax bulk carrier.

Joseph E. Royce, chairman, chief executive officer and president, stated: "The delivery of the M.V. Seminole Princess, along with that of the M.V. Laguna Belle, which is expected later this month, will enable us to accommodate the increased volume of cargoes we transport and address our customer needs in a more comprehensive manner.

"We plan to retrofit both handysize vessels with tweendecks thereby optimising their floor space and cargo flexibility."