Fleet Employment Table

Q3 2025 Fleet Employment (As of August 18, 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

13,500
5.00%

4.75%
Bulk Trading SA

Cargill Ocean Transportation (Singapore) Pte. Ltd.
6/May/2024

8/Aug/2025
8/Aug/2025

1/Oct/2026 - 30/Nov/2026
2 DSI Pollux
2015 60,446
A 14,000 4.75% Cargill Ocean Transportation (Singapore) Pte. Ltd. 28/Dec/2023 30/Aug/2025 - 20/Oct/2025 1
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
5 DSI Pegasus
2015 60,508
A 15,250

14,250
4.75%

4.75%
Cargill Ocean Transportation (Singapore) Pte. Ltd

Cargill Ocean Transportation (Singapore) Pte. Ltd
5/Sep/2024

15/Aug/2025
25/Jul/2025

20/May/2026 - 20/Jul/2026
2

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 25/Aug/2025 - 5/Sep/2025 1
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 3
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
11 SELINA
2010 75,700
C 6,500 5.00% Reachy Shipping (SGP) Pte. Ltd. 13/May/2025 12/Jul/2025 4
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
11,000 5.00% China Resource Chartering Pte. Ltd. 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 10,100 5.00% Stone Shipping Ltd 8/Jun/2025 15/Jun/2026 - 15/Aug/2026 5
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

12,500
5.00%

5.00%
Paralos Shipping Pte. Ltd.

Propel Shipping Pte. Ltd.
19/Aug/2024

2/Aug/2025
31/Jul/2025

16/Aug/2026 - 16/Oct/2026
21 LEONIDAS P. C.
2011 82,165
17,000 5.00% Ming Wah International Shipping Company Limited 22/Feb/2024 25/Aug/2025 1
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 6
23 POLYMNIA
2012 98,704
F 17,500

14,000
5.00%

5.00%
Reachy Shipping (SGP) Pte. Ltd.

Oldendorff Carriers GmbH & Co. KG
8 /Jun/2024

17/Aug/2025
17/Aug/2025

10/Apr/2026 - 10/Jun/2026
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 9,750 5.00% SwissMarine Pte. Ltd., Singapore 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 7
28 SEATTLE
2011 179,362
I 17,500 5.00% Solebay Shipping Cape Company Limited, Hong Kong 1/Oct/2023 25/Aug/2025 - 30/Sep/2025 1
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 8
32 NEW ORLEANS
2015 180,960
20,000 5.00% Kawasaki Kisen Kaisha, Ltd. 7/Dec/2023 25/Aug/2025 - 31/Oct/2025 1, 8, 9
33 FLORIDA
2022 182,063
25,900 5.00% Bunge S.A., Geneva 29/Mar/2022 29/Jan/2027 - 29/May/2027 3
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 21,500 5.00% Refined Success Limited 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
25,000 5.00% Bohai Ocean Shipping (Singapore) Holding Pte. Ltd. 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.

1Based on latest information.
2Vessel on scheduled drydocking from July 25, 2025 to August 15, 2025.
3Bareboat chartered-in for a period of ten years.
4Vessel was sold and delivered to her new Owners on July 15, 2025.
5The charter rate was US$9,000 per day for the first thirty-five (35) days of the charter period.
6The charter rate was US$8,750 per day for the first fifty (50) days of the charter period.
7The charter rate was US$6,300 per day for the first trip of the charter period.
8Bareboat chartered-in for a period of eight years.
9Vessel 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.