
Trai Thien USA Files Second Quarter 2011 Financial Statements
HO CHI MINH CITY, Vietnam, Oct. 5, 2011 /PRNewswire/ -- Trai Thien USA (OTC Markets: TRTH) announced that it has filed its financial statements for the second quarter 2011 with OTC Markets. Khanh Nguyen, Chairman & President of Trai Thien USA, commented, "Trai Thien continues to grow as we maintain our concentration on niche intra-Asian shipping markets. We look forward to commenting on the financials in an upcoming press release later this week."
About Trai Thien USA
Trai Thien USA is a fast-growing Vietnam-based dry bulk shipping company operating a 21,990 DWT fleet comprised of six geared bulk vessels specialized in providing ocean transportation services for raw material input items such as coal, ore, grain, lumber, cement, steel and fertilizer throughout the Southeast Asia region. In order to meet anticipated continued growth in demand from an expanding base of overseas and domestic Vietnamese customers, as well as to expand the geographic regions that it can service to include potentially more profitable routes in East and South Asia, Trai Thien has made deposits to acquire six larger 7600 DWT capacity new-buildings, which depending on the company's ability to meet additional capital resource requirements, are expected to be delivered in 2012.
Safe Harbor Statement: Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
SOURCE Trai Thien USA
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