Loading model 'Horizon_Mk300-2.pof'
IBX: Starting a new IBX for 'Horizon_Mk300-2.pof'.
IBX: Starting a new TSB for 'Horizon_Mk300-2.pof'.
For "Horizon_Mk300-2.pof" I couldn't find horizonhull-normal.ani
For "Horizon_Mk300-2.pof" I couldn't find horizongreeb-normal.ani
For "Horizon_Mk300-2.pof" I couldn't find doctile6-normal.ani
For "Horizon_Mk300-2.pof" I couldn't find beam4shiny-normal.ani
Model Horizon_Mk300-2.pof has a null moment of inertia! (This is only a problem if the model is a ship.)
This is strangely troublesome.
Why would it be looking for *-normal.ani files in the first place?
EDIT: Having the normal maps removes those reports from the debug log. Also, generating a null moment of inertia for the ship and re-saving the POF file removed the null moment of inertia warning. However, the IBX and TSB cache files do not seem to generate properly, and the game CTD's when attempting to generate the cache files.
EDIT2: If you do have functioning IBX and TSB files, please upload them. The IBX file provided in the VP doesn't seem to work (alone, at least) and the game starts attempting to generate new IBX and TSB, and fails at this task.