Q2 2025 Fleet Employment (As of June 30, 2025)
VESSEL BUILT DWT |
SISTER SHIPS* | GROSS RATE (USD PER DAY) | COM** | CHARTERERS | DELIVERY DATE TO CHARTERERS*** | REDELIVERY DATE TO OWNERS**** | NOTES | ||
9 Ultramax Bulk Carriers | |||||||||
1 |
DSI Phoenix 2017 60,456 |
A | 16,500 | 5.00% | Bulk Trading SA | 6/May/2024 | 1/Aug/2025 - 30/Sep/2025 | ||
2 |
DSI Pollux 2015 60,446 |
A | 14,000 | 4.75% | Cargill Ocean Transportation (Singapore) Pte. Ltd. | 28/Dec/2023 | 20/Aug/2025 - 20/Oct/2025 | ||
3 |
DSI Pyxis 2018 60,362 |
A | 13,100 | 5.00% | Stone Shipping Ltd | 8/Nov/2024 | 20/Feb/2026 - 20/Apr/2026 | ||
4 |
DSI Polaris 2018 60,404 |
A |
15,400 12,250 |
5.00% 4.75% |
Stone Shipping Ltd Cargill Ocean Transportation (Singapore) Pte. Ltd. |
20/Jul/2024 1/Jul/2025 |
1/Jul/2025 21/Jul/2026 - 21/Sep/2026 |
1 2 |
|
5 |
DSI Pegasus 2015 60,508 |
A | 15,250 | 4.75% | Cargill Ocean Transportation (Singapore) Pte. Ltd | 5/Sep/2024 | 10/Jul/2025 - 1/Aug/2025 | 3 | |
6 |
DSI Aquarius 2016 60,309 |
B |
13,300 | 5.00% | Bunge SA, Geneva | 6/Dec/2024 | 6/Oct/2025 - 21/Dec/2025 | ||
7 |
DSI Aquila 2015 60,309 |
B |
12,250 | 5.00% | Western Bulk Carriers AS | 21/Jan/2025 | 2/Jul/2025 - 8/Aug/2025 | 3 | |
8 |
DSI Altair 2016 60,309 |
B | 15,750 | 5.00% | Propel Shipping Pte. Ltd. | 28/Sep/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
9 |
DSI Andromeda 2016 60,309 |
B | 14,000 | 4.75% | Cargill Ocean Transportation (Singapore) Pte. Ltd | 28/Mar/2025 | 15/Nov/2025-15/Jan/2026 | 4 | |
6 Panamax Bulk Carriers | |||||||||
10 |
LETO 2010 81,297 |
12,750 | 4.75% | Cargill International SA, Geneva | 4/Apr/2025 | 16/Jul/2026 - 16/Sep/2026 | 5 | ||
11 |
SELINA 2010 75,700 |
C |
10,500 6,500 |
5.00% 5.00% |
Raffles Shipping International Pte. Ltd. Reachy Shipping (SGP) Pte. Ltd. |
17/Oct/2024 13/May/2025 |
14/Apr/2025 10/Jul/2025 |
6 7, 8 |
|
12 |
MAERA 2013 75,403 |
C | 8,400 | 5.00% | China Resource Chartering Limited | 15/Dec/2024 | 20/Sep/2025-20/Nov/2025 | ||
13 |
ISMENE 2013 77,901 |
12,650 11,000 |
5.00% 5.00% |
Paralos Shipping Pte., Ltd. China Resource Chartering Pte. Ltd. |
13/Sep/2023 24/Apr/2025 |
24/Apr/2025 20/Mar/2026 - 20/May/2026 |
|||
14 |
CRYSTALIA 2014 77,525 |
D | 13,900 | 5.00% | Louis Dreyfus Company Freight Asia Pte. Ltd. | 4/May/2024 | 4/Feb/2026 - 4/Jun/2026 | ||
15 |
ATALANDI 2014 77,529 |
D |
14,600 10,100 |
4.75% 5.00% |
Cargill International SA, Geneva Stone Shipping Ltd |
20/Jul/2024 8/Jun/2025 |
8/Jun/2025 15/Jun/2026 - 15/Aug/2026 |
||
6 Kamsarmax Bulk Carriers | |||||||||
16 |
MAIA 2009 82,193 |
E | 11,600 | 5.00% | Paralos Shipping Pte. Ltd. | 9/Dec/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
17 |
MYRSINI 2010 82,117 |
E | 13,000 | 4.75% | Cargill International SA, Geneva | 26/Feb/2025 | 1/Jan/2026 - 28/Feb/2026 | ||
18 |
MEDUSA 2010 82,194 |
E | 13,000 | 4.75% | Cargill International SA, Geneva | 16/Mar/2025 | 15/May/2026 - 15/Jul/2026 | ||
19 |
MYRTO 2013 82,131 |
E | 12,000 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 23/Dec/2024 | 1/Mar/2026 - 15/May/2026 | ||
20 |
ASTARTE 2013 81,513 |
14,000 | 5.00% | Paralos Shipping Pte. Ltd. | 19/Aug/2024 | 15/Jul/2025 - 15/Aug/2025 | 3 | ||
21 |
LEONIDAS P. C. 2011 82,165 |
17,000 | 5.00% | Ming Wah International Shipping Company Limited | 22/Feb/2024 | 20/Aug/2025 - 20/Oct/2025 | |||
4 Post-Panamax Bulk Carriers | |||||||||
22 |
AMPHITRITE 2012 98,697 |
F | 12,100 | 5.00% | Cobelfret S.A., Luxembourg | 8/Jan/2025 | 1/Jan/2026 - 15/Mar/2026 | 9 | |
23 |
POLYMNIA 2012 98,704 |
F | 17,500 | 5.00% | Reachy Shipping (SGP) Pte. Ltd. | 8 /Jun/2024 | 1/Aug/2025 - 30/Sept/2025 | ||
24 |
ELECTRA 2013 87,150 |
G | 14,000 | 4.75% | Aquavita International S.A. | 3/Jun/2024 | 15/Oct/2025 - 31/Dec/2025 | ||
25 |
PHAIDRA 2013 87,146 |
G |
12,000 9,750 |
4.75% 5.00% |
Aquavita International S.A. SwissMarine Pte. Ltd., Singapore |
12/Oct/2024 31/May/2025 |
31/May/2025 1/Jan/2026 - 28/Feb/2026 |
||
8 Capesize Bulk Carriers | |||||||||
26 |
SEMIRIO 2007 174,261 |
H |
16,650 | 5.00% | Solebay Shipping Cape Company Limited, Hong Kong | 11/Feb/2025 | 15/Feb/2026 - 15/Apr/2026 | ||
27 |
NEW YORK 2010 177,773 |
H | 17,600 | 5.00% | SwissMarine Pte. Ltd., Singapore | 11/Jan/2025 | 15/Jan/2026 - 30/Mar/2026 | 10, 11 | |
28 |
SEATTLE 2011 179,362 |
I | 17,500 | 5.00% | Solebay Shipping Cape Company Limited, Hong Kong | 1/Oct/2023 | 15/Jul/2025 - 30/Sep/2025 | ||
29 |
P. S. PALIOS 2013 179,134 |
I | 27,150 | 5.00% | Bohai Shipping (HEBEI) Co., Ltd | 7/May/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
30 |
G. P. ZAFIRAKIS 2014 179,492 |
J | 26,800 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 16/Sep/2024 | 16/Aug/2026 - 16/Nov/2026 | ||
31 |
SANTA BARBARA 2015 179,426 |
J | 22,000 | 5.00% | Mitsui O.S.K. Lines, Ltd. | 27/Dec/2024 | 20/Oct/2025 - 20/Dec/2025 | 12 | |
32 |
NEW ORLEANS 2015 180,960 |
20,000 | 5.00% | Kawasaki Kisen Kaisha, Ltd. | 7/Dec/2023 | 15/Aug/2025 - 31/Oct/2025 | 12, 13 | ||
33 |
FLORIDA 2022 182,063 |
25,900 | 5.00% | Bunge S.A., Geneva | 29/Mar/2022 | 29/Jan/2027 - 29/May/2027 | 4 | ||
4 Newcastlemax Bulk Carriers | |||||||||
34 |
LOS ANGELES 2012 206,104 |
K | 28,700 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 20/Jul/2024 | 1/Oct/2025 - 15/Dec/2025 | ||
35 |
PHILADELPHIA 2012 206,040 |
K |
22,500 21,500 |
5.00% 5.00% |
Nippon Yusen Kabushiki Kaisha, Tokyo Refined Success Limited |
4/Feb/2024 29/May/2025 |
29/May/2025 9/Jun/2026 - 8/Aug/2026 |
||
36 |
SAN FRANCISCO 2017 208,006 |
L | 26,000 | 5.00% | SwissMarine Pte. Ltd., Singapore | 1/Mar/2025 | 25/Oct/2026 - 25/Dec/2026 | ||
37 |
NEWPORT NEWS 2017 208,021 |
L |
20,000 25,000 |
5.00% 5.00% |
Nippon Yusen Kabushiki Kaisha, Tokyo Bohai Ocean Shipping (Singapore) Holding Pte. Ltd. |
20/Sep/2023 16/Jun/2025 |
16/Jun/2025 1/Sep/2026 - 31/Oct/2026 |
* Each dry bulk carrier is a “sister ship”, or closely similar, to other dry bulk carriers that have the same letter.
** Total commission percentage paid to third parties.
*** In case of newly acquired vessel with time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers’ option, but subject to the terms, conditions, and exceptions of the particular charterparty.
1Estimated redelivery date from the Charterers.
2Estimated delivery to the Charterers.
3Based on latest information.
4Bareboat chartered-in for a period of ten years.
5Vessel on scheduled drydocking from March 9, 2025 until April 4, 2025.
6Vessel on scheduled drydocking from April 14, 2025 until May 13, 2025.
7Redelivery date based on an estimated time charter trip duration of about 58 days.
8Vessel has been sold and it is expected to be delivered to her new Owners latest by August 15, 2025.
9The charter rate will be US$8,750 per day for the first fifty (50) days of the charter period.
10The charter rate was US$6,300 per day for the first trip of the charter period.
11Vessel off hire for drydocking from February 23, 2025 until April 7, 2025.
12Bareboat chartered-in for a period of eight years.
13Vessel off-hire for about 11.45 days.
For those vessels employed in the spot market and where rates are quoted the Company has calculated the estimated rates under current specific contracted voyages. The Company gives no guarantee that these rates are correct or that the rates are sustainable beyond the duration of the current voyage. The quoted rates are not indications of future earnings and the Company gives no assurance or guarantee of future rates after the current voyage.