Fleet Employment Table

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.