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Ship Shore

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Joseph E. Royce
President, Chief Executive Officer, Chairman and Director
TBS International plc

Mr. Royce has been President, Chairman and a director of TBS International (NASDAQ: TBSI) since inception, and Chief Executive Officer since March 2005. Since 1993, Mr. Royce has served as President of TBS Shipping Services, a subsidiary of TBS International that provides commercial and operational management. Mr. Royce has over 40 years experience in the maritime industry and has expertise in breakbulk, liner and bulk cargo shipping in developing economies.

TBS is a fully-integrated transportation service company that offers customers the TBS Five Star Service consisting of ocean transportation, operations, logistics, port services and strategic planning. We offer liner, parcel and bulk services, supported by a fleet of 48 multipurpose tweendeckers and handysize and handymax bulk carriers, including specialized heavy-lift vessels and newbuild tonnage. TBS has developed its business around key trade routes between Latin America and China, Japan and South Korea, as well as select ports in North America, Africa, the Caribbean and Middle East.

Since 1973, Mr. Royce has organized and managed ventures engaged in ownership and operation of vessels. Between 1984 and early 1993, Mr. Royce was president of COTCO, a dry cargo pool of over 45 vessels. From 1973 to 1983, he was active as a shipbroker and independent ship operations manager involved in the shipment of various products worldwide.

Mr. Royce earned a bachelorís degree in Economics from Iona College in Westchester, New York. Since 2007, Mr. Royce has served as a director of Covenant House New York, the not-for-profit adolescent care agency.