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.