* 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 by the end of January of 2023.
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.
⁴Redelivery date based on an estimated time charter trip duration of about 56 days.
⁵Based on latest information.
⁶Estimated redelivery date from the Charterers.
⁷Aquavita International S.A. has agreed to compensate the owners for the early redelivery of the vessel until the minimum agreed redelivery date, February 1, 2023.
⁸Estimated delivery date to the Charterers.
⁹Vessel on scheduled drydocking from November 12, 2022 to December 16, 2022.
¹⁰Estimated date.
¹¹Vessel off hire for 3.93 days.
¹²Charterers compensated the owners for the early redelivery of the vessel by paying the difference between the new rate and the previous rate, from the redelivery date from the charterers, to December 1, 2022.
¹³Vessel on scheduled drydocking from October 12, 2022 to November 7, 2022.
¹⁴The charter rate was US$10,000 per day for the first 30 days of the charter period.
¹⁵Charter included a one time ballast bonus payment of US$250,000.
¹⁶Redelivery date based on an estimated time charter trip duration of about 68 days.
¹⁷Charter includes a one time ballast bonus payment of US$300,000.
¹⁸Vessel sold and expected to be delivered to her new Owners at the latest by February 28, 2023.
¹⁹The charterers have compensated the owners for the days over and above the maximum redelivery date.
²⁰The Charterers will compensate the Owners for the excess of the charter party period at the rate of 123% of the average of the Baltic Cape Index 5TC average for the days exceeding the period or the vessel’s present charter party rate whichever is higher.
²¹Bareboat chartered-in for a period of eight years.

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.