Fleet Employment Table

Q2 2024 Fleet Employment (As of May 24, 2024)

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 13,250

16,500
5.00%

5.00%
ASL Bulk Marine Limited

Bulk Trading SA
4/Nov/2022

6/May/2024
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 14,250 5.00% ASL Bulk Marine Limited 24/Sep/2023 10/Oct/2024 - 10/Dec/2024
4 DSI Polaris
2018 60,404
A 13,100 5.00% ASL Bulk Marine Limited 12/Nov/2022 30/May/2024 - 29/Jul/2024 1
5 DSI Pegasus
2015 60,508
A 14,000 5.00% Reachy Shipping (SGP) Pte. Ltd. 07/Dec/2022 15/Jul/2024 - 15/Sep/2024
6 DSI Aquarius
2016 60,309
B 14,200

14,500
5.00%

5.00%
Engelhart CTP Freight (Switzerland) SA

Stone Shipping Ltd
1/Feb/2023

18/Jan/2024
18/Jan/2024

1/Dec/2024 - 1/Feb/2025
7 DSI Aquila
2015 60,309
B 12,500
5.00%

Western Bulk Carriers AS
11/Nov/2023 10/Nov/2024 - 10/Jan/2025
8 DSI Altair
2016 60,309
B 13,800 5.00% Western Bulk Carriers AS 23/Jun/2023 10/Aug/2024 - 10/Oct/2024
9 DSI Andromeda
2016 60,309
B 13,500 5.00% Bunge SA, Geneva 27/Nov/2023 20/Feb/2025 - 20/Apr/2025 2, 3
6 Panamax Bulk Carriers
10 ARTEMIS
2006 76,942
12,000 5.00% Jera Global Markets Pte. Ltd. 14/Oct/2023 23/Feb/2024 4
11 LETO
2010 81,297
14,500

16,000
4.75%

5.00%
Cargill International S.A., Geneva

ASL Bulk Shipping Limited
29/Jan/2023

3/May/2024
3/May/2024

1/Mar/2025 - 30/Apr/2025
12 SELINA
2010 75,700
C 12,000 4.75% Cargill International S.A., Geneva 20/May/2023 15/Sep/2024 - 15/Nov/2024
13 MAERA
2013 75,403
C 12,000

13,750
4.75%

5.00%
Cargill International S.A., Geneva

ST Shipping and Transport Pte. Ltd.
16/Dec/2022

29/Jan/2024
29/Jan/2024

20/Nov/2024 - 20/Jan/2025
5
14 ISMENE
2013 77,901
12,650 5.00% Paralos Shipping Pte., Ltd. 13/Sep/2023 15/Apr/2025 - 30/Jun/2025
15 CRYSTALIA
2014 77,525
D 11,250

13,900
5.00%

5.00%
Reachy Shipping (SGP) Pte. Ltd.

Louis Dreyfus Company Freight Asia Pte. Ltd.
6/Sep/2023

4/May/2024
13/Apr/2024

4/Feb/2026 - 4/Jun/2026
6

16 ATALANDI
2014 77,529
D 13,250 4.75% Aquavita International S.A. 15/Feb/2023 29/Apr/2024 7
6 Kamsarmax Bulk Carriers
17 MAIA
2009 82,193
E 13,500 5.00% ST Shipping and Transport Pte. Ltd. 23/Sep/2023 15/Jun/2024 - 20/Aug/2024
18 MYRSINI
2010 82,117
E 15,000 5.00% Salanc Pte. Ltd. 22/Nov/2022 20/Jun/2024 - 28/Jun/2024 1
19 MEDUSA
2010 82,194
E 14,250 5.00% ASL Bulk Shipping Limited 14/May/2023 10/Feb/2025 - 15/Apr/2025
20 MYRTO
2013 82,131
E 12,650 5.00% Cobelfret S.A., Luxemburg 15/Jul/2023 1/Nov/2024 - 15/Jan/2025
21 ASTARTE
2013 81,513
15,000 5.00% Reachy Shipping (SGP) Pte. Ltd. 29/Apr/2023 1/Aug/2024 - 1/Oct/2024
22 LEONIDAS P. C.
2011 82,165
17,000

17,000
4.75%

5.00%
Cargill International S.A., Geneva

Ming Wah International Shipping Company Limited
17/Mar/2023

22/Feb/2024
22/Feb/2024

20/Aug/2025 - 20/Oct/2025
8
5 Post-Panamax Bulk Carriers
23 ALCMENE
2010 93,193
13,000

16,000
5.00%

5.00%
SwissMarine Pte. Ltd., Singapore

Triangle Merchant Maritime Co., Limited
2/Jan/2023

24/Mar/2024
23/Mar/2024

28/May/2024


1, 9
24 AMPHITRITE
2012 98,697
F 14,250

15,000

5.00%

Cobelfret S.A., Luxembourg
9/Nov/2022

13/Jan/2024
13/Jan/2024

15/Nov/2024 - 15/Jan/2025


10
25 POLYMNIA
2012 98,704
F 15,000 5.00% Cobelfret S.A., Luxemburg 14/Jan/2023 5/Jun/2024 1, 11
26 ELECTRA
2013 87,150
G 14,500 5.00% Cobelfret S.A., Luxemburg 13/Apr/2023 2/Jun/2024 - 30/Jun/2024 1
27 PHAIDRA
2013 87,146
G 12,250 4.75% Aquavita International S.A. 9/May/2023 1/Sep/2024 - 15/Nov/2024
9 Capesize Bulk Carriers
28 SEMIRIO
2007 174,261
H 14,150 5.00% Solebay Shipping Cape Company Limited, Hong Kong 18/Aug/2023 20/Nov/2024 - 30/Jan/2025
29 HOUSTON
2009 177,729
H 13,000 5.00% EGPN Bulk Carrier Co., Limited 21/Nov/2022 1/Jul/2024 - 31/Aug/2024 12
30 NEW YORK
2010 177,773
H 16,000 5.00% SwissMarine Pte. Ltd., Singapore 11/Jun/2023 1/Oct/2024 - 7/Dec/2024
31 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
32 P. S. PALIOS
2013 179,134
I 31,000

27,150
5.00%

5.00%
Classic Maritime Inc.

Bohai Shipping (HEBEI) Co., Ltd
11/Jun/2022

7/May/2024
7/May/2024

1/Nov/2025 - 31/Dec/2025
33 G. P. ZAFIRAKIS

2014 179,492
J 17,000 5.00% Solebay Shipping Cape Company Limited, Hong Kong 12/Jan/2023 15/Jun/2024 - 15/Aug/2024
34 SANTA BARBARA
2015 179,426
J 21,250 5.00% Smart Gain Shipping Co., Limited 7/May/2023 10/Oct/2024 - 10/Dec/2024 13
35 NEW ORLEANS
2015 180,960
20,000 5.00% Kawasaki Kisen Kaisha, Ltd. 7/Dec/2023 15/Aug/2025 - 31/Oct/2025 13, 14
36 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
37 LOS ANGELES
2012 206,104
K 17,700 5.00% Nippon Yusen Kabushiki Kaisha, Tokyo 15/Jan/2023 30/May/2024 - 5/Aug/2024
38 PHILADELPHIA
2012 206,040
K 26,000

22,500
5.00%

5.00%
C Transport Maritime Ltd., Bermuda

Nippon Yusen Kabushiki Kaisha, Tokyo
12/Apr/2022

4/Feb/2024
4/Feb/2024

20/Apr/2025 - 20/Jul/2025
39 SAN FRANCISCO
2017 208,006
L 22,000 5.00% SwissMarine Pte. Ltd., Singapore 18/Feb/2023 5/Jan/2025 - 5/Mar/2025
40 NEWPORT NEWS

2017 208,021

L
20,000 5.00% Nippon Yusen Kabushiki Kaisha, Tokyo 20/Sep/2023 10/Mar/2025 - 10/Jun/2025

* 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.
2The fixture includes the option for redelivery of vessel east of Suez against a gross ballast bonus of US$250,000.
3Bareboat chartered-in for a period of ten years.
4Vessel has been sold and delivered to her new Owners on March 5, 2024.
5Charterers will compensate the Owners at a rate of 105% of the Baltic Panamax Index 5 TC average as published by the Baltic Exchange on a daily basis or the vessel’s present charter party rate, whichever is higher, for the excess period commencing from December 29, 2023 until the actual redelivery date.
6Vessel on scheduled drydocking during the period from April 15, 2024 to May 4, 2024.
7Currently without an active charterparty. Vessel is for scheduled drydocking.
8Vessel off hire for 5.93 days.
9Redelivery date based on an estimated time charter trip duration of about 65 days.
10The charter rate will be US$12,250 per day for the first 30 days of the charter period.
11The charter rate was US$10,000 per day for the first 30 days of the charter period.
12Vessel has been sold and it is expected to be delivered to her new Owners by latest September 16, 2024.
13Bareboat chartered-in for a period of eight years.
14Vessel off hire for 7.43 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.