Fleet Employment Table

Q2 2023 Fleet Employment (As of June 7, 2023)

VESSEL
BUILT DWT
SISTER SHIPS* GROSS RATE (USD PER DAY) COM** CHARTERERS DELIVERY DATE TO CHARTERERS*** REDELIVERY DATE TO OWNERS**** NOTES
10 Ultramax Bulk Carriers
1 DSI Phoenix
2017 60,456
A 13,250 5.00% ASL Bulk Marine Limited 4/Nov/2022 4/Mar/2024 - 4/May/2024
2 DSI Pollux
2015 60,446
A 17,000 5.00% Delta Corp Shipping Pte. Ltd. 27/Oct/2022 27/Dec/2023 - 27/Feb/2024
3 DSI Pyxis
2018 60,362
A 17,100 4.75% Cargill Ocean Transportation Singapore Pte. Ltd. 16/Oct/2022 16/Aug/2023 - 16/Oct/2023
4 DSI Polaris
2018 60,404
A 13,100 5.00% ASL Bulk Marine Limited 12/Nov/2022 12/May/2024 - 12/Jul/2024
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 5.00% Engelhart CTP Freight (Switzerland) SA 1/Feb/2023 10/Jan/2024 - 25/Mar/2024
7 DSI Aquila
2015 60,309
B 13,300 5.00% Western Bulk Carriers AS 22/Nov/2022 15/Sep/2023 - 15/Nov/2023
8 DSI Altair
2016 60,309
B 14,400 5.00% Western Bulk Pte. Ltd. 28/Dec/2022 25/Jun/2023 - 25/Aug/2023
9 DSI Andromeda
2016 60,309
B 14,250 5.00% Western Bulk Carriers AS 17/Nov/2022 16/Oct/2023 - 16/Dec/2023 1, 2
10 DSI Drammen
2016 63,379
18,250 5.00% IMC Shipping Co. Pte. Ltd. 22/Apr/2023 10/Apr/2024 - 10/Jun/2024 3
8 Panamax Bulk Carriers
11 ARTEMIS
2006 76,942
21,250 4.75% Cargill International S.A., Geneva 21/Mar/2022 24/Jun/2023 -10/Aug/2023 4
12 LETO
2010 81,297
Cargill International S.A., Geneva 29/Jan/2023 1/Mar/2024 - 30/Apr/2024
13 SELINA
2010 75,700
C 22,000

12,000
5.00%

4.75%
Speed Logistics Marine Limited

Cargill International S.A., Geneva
18/Jun/2022

20/May/2023
12/May/2023

15/Sept/2024 - 15/Nov/2024
5
14 MAERA
2013 75,403
C 12,000 4.75% Cargill International S.A., Geneva 16/Dec/2022 28/Oct/2023 - 28/Dec/2023
15 ISMENE
2013 77,901
14,000 5.00% ST Shipping and Transport Pte. Ltd. 10/Jan/2023 20/Aug/2023 - 10/Oct/2023

16 CRYSTALIA
2014 77,525
D 12,500 5.00% Reachy Shipping (SGP) Pte. Ltd. 12/Nov/2022 1/Sep/2023 - 15/Oct/2023
17 ATALANDI
2014 77,529
D 13,250 4.75% Aquavita International S.A. 15/Feb/2023 5/Mar/2024 - 5/May/2024
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 6
19 MYRSINI
2010 82,117
E 15,000 5.00% Salanc Pte. Ltd. 22/Nov/2022 20/Apr/2024 - 28/Jun/2024
20 MEDUSA
2010 82,194
E 26,000

14,250
4.75%

5.00%
Cargill International S.A., Geneva

ASL Bulk Shipping Limited
9/Mar/2022

14/May/2023
14/May/2023

10/Feb/2025 - 15/Apr/2025
21 MYRTO
2013 82,131
E 18,000 5.00% Tata NYK Shipping Pte. Ltd. 03/Aug/2022 15/Jul/2023 - 15/Sep/2023
22 ASTARTE
2013 81,513
21,500

15,000
5.00%

5.00%
Tongli Shipping Pte. Ltd.

Reachy Shipping (SGP) Pte. Ltd.
30/Jan/2022

29/Apr/2023
29/Apr/2023

1/Aug/2024 - 1/Oct/2024
23 LEONIDAS P. C.
2011 82,165
17,000 4.75% Cargill International S.A., Geneva 17/Mar/2023 17/Feb/2024 - 17/Apr/2024
5 Post-Panamax Bulk Carriers
24 ALCMENE
2010 93,193
13,000 5.00% SwissMarine Pte. Ltd., Singapore 2/Jan/2023 10/Jan/2024 - 25/Mar/2024

25 AMPHITRITE
2012 98,697
F 14,250 5.00% Cobelfret S.A. 9/Nov/2022 1/Dec/2023 - 15/Feb/2024
26 POLYMNIA
2012 98,704
F 15,000 5.00% Cobelfret SA, Luxembourg 14/Jan/2023 1/Apr/2024 - 31/May/2024 7
27 ELECTRA
2013 87,150
G 17,500

14,500
5.00%

5.00%
Refined Success Limited

Cobelfret S.A.
2/Jul/2022

13/Apr/2023
13/Apr/2023

1/Jun/2024 - 1/Aug/2024


28 PHAIDRA
2013 87,146
G 10,000

12,250
5.00%

4.75%
Salanc Pte. Ltd.

Aquavita International S.A.
4/Mar/2023

9/May/2023
16/Apr/2023

1/Sep/2024 - 15/Nov/2024


8
11 Capesize Bulk Carriers
29 SEMIRIO

2007 174,261
H 19,700 5.00% C Transport Maritime Ltd., Bermuda 15/Dec/2021 15/Aug/2023 - 15/Nov/2023
30 BOSTON
2007 177,828
H 20,500

17,000
5.00%

5.00%
Aquavita International S.A.

ST Shipping and Transport Pte. Ltd.
15/Jul/2022

6/May/2023
6/May/2023

15/Jul/2024 - 15/Oct/2024
31 HOUSTON
2009 177,729
H 13,000 5.00% EGPN Bulk Carrier Co., Limited 21/Nov/2022 1/Jul/2024 - 31/Aug/2024
32 NEW YORK
2010 177,773
H 23,000

16,000
5.00%

5.00%
C Transport Maritime Ltd., Bermuda

SwissMarine Pte. Ltd., Singapore
2/Jul/2022

11/Jun/2023
11/Jun/2023

1/Oct/2024 - 7/Dec/2024
9

10
33 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
34 P. S. PALIOS
2013 179,134
I 31,000 5.00% Classic Maritime Inc. 11/Jun/2022 15/Apr/2024 - 30/Jun/2024
35 G. P. ZAFIRAKIS

2014 179,492
J 22,750

17,000
4.75%

5.00%
Cargill International S.A., Geneva

Solebay Shipping Cape Company Limited, Hong Kong
1/Dec/2021

12/Jan/2023
12/Jan/2023

15/Jun/2024 - 15/Aug/2024
11

36 SANTA BARBARA
2015 179,426
J 29,500

21,250
4.75%

5.00%
Cargill International S.A., Geneva

Smart Gain Shipping Co., Limited
19/Mar/2022

7/May/2023
7/May/2023

10/Oct/2024 - 10/Dec/2024
12
37 NEW ORLEANS
2015 180,960
32,000 5.00% Engelhart CTP Freight (Switzerland) SA 25/Mar/2022 20/Nov/2023 - 31/Jan/2024 12
38 FLORIDA
2022 182,063
25,900 5.00% Bunge S.A., Geneva 29/Mar/2022 29/Jan/2027 - 29/May/2027 2
4 Newcastlemax Bulk Carriers
39 LOS ANGELES
2012 206,104
K 17,700 5.00% Nippon Yusen Kabushiki Kaisha, Tokyo 15/Jan/2023 20/May/2024 - 5/Aug/2024
40 PHILADELPHIA
2012 206,040
K 26,000 5.00% C Transport Maritime Ltd., Bermuda 12/Apr/2022 1/Feb/2024 - 15/Apr/2024
41 SAN FRANCISCO
2017 208,006
L 22,000 5.00% SwissMarine Pte. Ltd., Singapore 18/Feb/2023 5/Jan/2025 - 5/Mar/2025
42 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.

1The fixture includes the option for redelivery of vessel east of Suez against a gross ballast bonus of US$250,000.
2Bareboat chartered-in for a period of ten years.
3Maintaining 25% of the partnership interest.
4Based on latest inormation.
5Vessel on scheduled drydocking from May 12, 2023 to May 20, 2023.
6Vessel off hire for 3.93 days.
7The charter rate was US$10,000 per day for the first 30 days of the charter period.
8Vessel on scheduled drydocking from April 16, 2023 to May 9, 2023.
9Estimated redelivery date from the Charterers.
10Estimated redelivery date to the Charterers.
11The 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.
12Bareboat 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.