* 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.
²Currently without an active charterparty. Vessel on scheduled drydocking.
³Based on latest information.
⁴Vessel currently off hire for drydocking.
⁵Solebay 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.
⁶Vessel on scheduled drydocking from June 7, 2022 to July 2, 2022.
⁷Charter includes a one time ballast bonus payment of US$250,000.
⁸Redelivery date based on an estimated time charter trip duration of about 30 days.
⁹Vessel was delivered to her new owners on September 21, 2022.
¹⁰Vessel on scheduled drydocking from May 28, 2022 to July 15, 2022.
¹¹Bareboat chartered-in for a period of eight years.
¹²Bareboat 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.