Fleet Employment Table

Q3 2022 Fleet Employment (As of August 11, 2022)

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 STH CHIBA (tbr.)
2017 60,456
A - - - - - 1
2 STH LONDON (tbr.)
2015 60,446
A - - - - - 1
3 STH MONTREAL (tbr.)
2018 60,362
A - - - - - 1
4 STH OSLO (tbr.)
2018 60,404
A - - - - - 1
5 STH ATHENS (tbr.)
2015 60,508
A - - - - - 1
6 STH KURE (tbr.)
2016 60,309
B - - - - - 1
7 STH NEW YORK (tbr.)
2015 60,309
B - - - - - 1
8 STH SYDNEY (tbr.)
2016 60,309
B - - - - - 1
9 STH TOKYO (tbr.)
2016 60,309
B - - - - - 1
8 Panamax Bulk Carriers
10 MELIA
2005 76,225
20,000 5.00% Oldendorff GmbH & Co. KG 28/May/2022 30/Aug/2022 2
11 ARTEMIS
2006 76,942
21,250 4.75% Cargill International S.A., Geneva 21/Mar/2022 20/Jun/2023-20/Aug/2023
12 LETO
2010 81,297
25,500 4.75% Aquavita International S.A. 3/Oct/2021 1/Feb/2023 - 15/Apr/2023
13 SELINA
2010 75,700
C 22,000 5.00% Speed Logistics Marine Limited 18/Jun/2022 15/Apr/2023-20/Jun/2023
14 MAERA
2013 75,403
C 26,000 5.00% ASL Bulk Shipping HK Limited 18/Sep/2021 1/Oct/2022 - 15/Dec/2022
15 ISMENE
2013 77,901
18,500 4.75% Cargill International S.A., Geneva 23/Nov/2021 15/Dec/2022 - 15/Feb/2023
16 CRYSTALIA
2014 77,525
D 26,100 5.00% Uniper Global Commodities SE, Dusseldorf 21/Sep/2021 1/Oct/2022 - 15/Dec/2022
17 ATALANDI
2014 77,529
D 24,500 4.75% Aquavita International S.A. 5/Oct/2021 15/Feb/2023 - 30/Apr/2023
6 Kamsarmax Bulk Carriers
18 MAIA
2009 82,193
E 25,000 5.00% Hyundai Glovis Co. Ltd. 24/May/2022 20/Sep/2023 - 20/Nov/2023
19 MYRSINI
2010 82,117
E 22,000 4.75% Cargill International S.A., Geneva 15/Nov/2021 1/Dec/2022 - 31/Jan/2023
20 MEDUSA
2010 82,194
E 26,000 4.75% Cargill International S.A., Geneva 9/Mar/2022 15/May/2023-15/Jul/2023

21 MYRTO
2013 82,131
E 28,500

18,000
5.00%

5.00%
Solebay Shipping Transocean Company Limited

Tata NYK Shipping Pte. Ltd.
10/Sep/2021

03/Aug/2022
03/Aug/2022

15/Jul/2023 - 15/Sep/2023
3


22 ASTARTE
2013 81,513
21,500 5.00% Tongli Shipping Pte. Ltd. 30/Jan/2022 15/Apr/2023 - 15/Jun/2023
23 LEONIDAS P. C.
2011 82,165
24,500 4.75% Cargill International S.A., Geneva 18/Feb/2022 1/Mar/2023-30/Apr/2023
5 Post-Panamax Bulk Carriers
24 ALCMENE
2010 93,193
17,100 5.00% SwissMarine Pte. Ltd., Singapore 25/Nov/2021 20/Dec/2022 - 5/Mar/2023
25 AMPHITRITE
2012 98,697
F 27,000 5.00% BG Shipping Co., Limited, Hong Kong 13/Sep/2021 15/Oct/2022 - 15/Dec/2022
26 POLYMNIA
2012 98,704
F 24,750 5.00% CLdN Cobelfret SA, Luxembourg 4/Feb/2022 15/Jan/2023-15/Mar/2023
27 ELECTRA
2013 87,150
G 17,500 5.00% Refined Success Limited 2/Jul/2022 1/Apr/2023 - 30/May/2023 4  
28 PHAIDRA
2013 87,146
G 28,000 5.00% Uniper Global Commodities SE, Düsseldorf
2/Sep/2021 20/Aug/2022 - 25/Aug/2022 5
12 Capesize Bulk Carriers
29 ALIKI
2005 180,235
24,500 5.00% Koch Shipping Pte. Ltd., Singapore 21/Feb/2022 1/Feb/2023 - 15/Apr/2023
30 BALTIMORE
2005 177,243
16,000 5.00% Solebay Shipping Cape Company Limited, Hong Kong 8/Apr/2022 11/Jul/2022 6,7
31 SEMIRIO

2007 174,261
H 19,700 5.00% C Transport Maritime Ltd., Bermuda 15/Dec/2021 15/Aug/2023 - 15/Nov/2023 8
32 BOSTON
2007 177,828
H 20,500 5.00% Aquavita International S.A. 15/Jul/2022 1/Apr/2023 - 31/May/2023 9
33 HOUSTON
2009 177,729
H 27,000 5.00% Koch Shipping Pte. Ltd., Singapore 30/Aug/2021 20/Aug/2022 - 15/Oct/2022 5
34 NEW YORK
2010 177,773
H 14,000

23,000
5.00%

5.00%
EGPN Bulk Carrier Co., Limited, Hong Kong

C Transport Maritime Ltd., Bermuda
29/Dec/2020

2/Jul/2022
2/Jul/2022

10/Jun/2023 - 25/Aug/2023
35 SEATTLE
2011 179,362
I 26,500 5.00% Solebay Shipping Cape Company Limited, Hong Kong 2/Mar/2022 1/Oct/2023-15/Dec/2023
36 P. S. PALIOS
2013 179,134
I 31,000 5.00% Classic Maritime Inc. 11/Jun/2022 15/Apr/2024-30/Jun/2024
37 G. P. ZAFIRAKIS

2014 179,492
J 22,750 4.75% Cargill International S.A., Geneva 1/Dec/2021 1/Nov/2022 - 31/Dec/2022
38 SANTA BARBARA
2015 179,426
J 29,500 4.75% Cargill International S.A., Geneva 19/Mar/2022 10/May/2023-10/Jul/2023
39 NEW ORLEANS
2015 180,960
32,000 5.00% Engelhart CTP Freight (Switzerland) SA 25/Mar/2022 20/Nov/2023-31/Jan/2024
40 FLORIDA
2022 182,063
25,900 5.00% Bunge S.A., Geneva 29/Mar/2022 29/Jan/2027-29/May/2027 10
4 Newcastlemax Bulk Carriers
41 LOS ANGELES
2012 206,104
K 26,250 5.00% Koch Shipping Pte. Ltd., Singapore 30/Jan/2022 15/Jan/2023-15/Mar/2023
42 PHILADELPHIA
2012 206,040
K 26,000 5.00% C Transport Maritime Ltd., Bermuda 12/Apr/2022 1/Feb/2024-15/Apr/2024
43 SAN FRANCISCO
2017 208,006
L 30,500 5.00% Koch Shipping Pte. Ltd., Singapore 18/Feb/2022 1/Mar/2023-15/May/2023
44 NEWPORT NEWS
2017 208,021
L 28,000 5.00% Koch Shipping Pte. Ltd., Singapore 16/Dec/2021 1/Jul/2023 - 30/Sep/2023

* 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.

1Vessel expected to be delivered to the Company in the fourth quarter of 2022.
2Redelivery date based on an estimated time charter trip duration of about 94 days.
3Solebay Shipping Transocean Company Limited has agreed to compensate the owners with the difference between the previous and the current charter rate for the early redelivery of the vessel on August 3, 2022, till the minimum agreed redelivery date, August 15, 2022.
4Vessel on scheduled drydocking from June 7, 2022 to July 2, 2022.
5Based on latest information.
6Currently without an active charterparty. Vessel on scheduled drydocking.
7Vessel sold and expected to be delivered to her new owners in the third quarter of 2022.
8Vessel currently off hire for drydocking.
9Vessel on scheduled drydocking from May 28, 2022 to July 15, 2022.
10Bareboat chartered-in for a period of ten years at US$13,500 per day.

 

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.