Fleet Employment Table

Q3 2024 Fleet Employment (As of July 2, 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 14/Jul/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 14,500 5.00% Stone Shipping Ltd 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 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
11 SELINA
2010 75,700
C 12,000 4.75% Cargill International S.A., Geneva 20/May/2023 15/Sep/2024 - 15/Nov/2024
12 MAERA
2013 75,403
C 13,750 5.00% ST Shipping and Transport Pte. Ltd. 29/Jan/2024 20/Nov/2024 - 20/Jan/2025
13 ISMENE
2013 77,901
12,650 5.00% Paralos Shipping Pte., Ltd. 13/Sep/2023 10/Mar/2025 - 10/Jun/2025
14 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
4
15 ATALANDI
2014 77,529
D 13,250

15,800
4.75%

5.00%
Aquavita International S.A.

Quadra Commodities SA
15/Feb/2023

28/May/2024
29/Apr/2024

12/Jul/2024

5
6
6 Kamsarmax Bulk Carriers
16 MAIA
2009 82,193
E 13,500 5.00% ST Shipping and Transport Pte. Ltd. 23/Sep/2023 15/Jul/2024 - 20/Aug/2024 1
17 MYRSINI
2010 82,117
E 15,000

17,100
5.00%

5.00%
Salanc Pte. Ltd.

Cobelfret S.A. Luxembourg
22/Nov/2022

25/Jun/2024
25/Jun/2024

1/Feb/2025 - 25/Mar/2025
18 MEDUSA
2010 82,194
E 14,250 5.00% ASL Bulk Shipping Limited 14/May/2023 10/Feb/2025 - 15/Apr/2025
19 MYRTO
2013 82,131
E 12,650 5.00% Cobelfret S.A., Luxemburg 15/Jul/2023 1/Nov/2024 - 15/Jan/2025
20 ASTARTE
2013 81,513
15,000 5.00% Reachy Shipping (SGP) Pte. Ltd. 29/Apr/2023 1/Aug/2024 - 1/Oct/2024
21 LEONIDAS P. C.
2011 82,165
17,000 5.00% Ming Wah International Shipping Company Limited 22/Feb/2024 20/Aug/2025 - 20/Oct/2025
5 Post-Panamax Bulk Carriers
22 ALCMENE
2010 93,193
16,000

13,150
5.00%

5.00%
Triangle Merchant Maritime Co., Limited

China Steel Express Corporation
24/Mar/2024

1/Jun/2024
1/Jun/2024

16/Jul/2024
7

6
23 AMPHITRITE
2012 98,697
F 15,000 5.00% Cobelfret S.A., Luxembourg 13/Jan/2024 15/Nov/2024 - 15/Jan/2025 8
24 POLYMNIA
2012 98,704
F 15,000

17,500
5.00%

5.00%
Cobelfret S.A., Luxemburg

Reachy Shipping (SGP) Pte. Ltd.
14/Jan/2023

8 /Jun/2024
8/Jun/2024

1/Aug/2025 - 30/Sept/2025
9, 10
25 ELECTRA
2013 87,150
G 14,500

14,000
5.00%

4.75%
Cobelfret S.A., Luxemburg

Aquavita International S.A.
13/Apr/2023

3/Jun/2024
3/Jun/2024

15/Oct/2025 - 31/Dec/2025
26 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
27 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
28 HOUSTON
2009 177,729
H 13,000 5.00% EGPN Bulk Carrier Co., Limited 21/Nov/2022 1/Jul/2024 - 31/Aug/2024 11
29 NEW YORK
2010 177,773
H 16,000 5.00% SwissMarine Pte. Ltd., Singapore 11/Jun/2023 1/Oct/2024 - 7/Dec/2024
30 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
31 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
32 G. P. ZAFIRAKIS

2014 179,492
J 17,000 5.00% Solebay Shipping Cape Company Limited, Hong Kong 12/Jan/2023 15/Jul/2024 - 15/Aug/2024 1
33 SANTA BARBARA
2015 179,426
J 21,250 5.00% Smart Gain Shipping Co., Limited 7/May/2023 10/Oct/2024 - 10/Dec/2024 12
34 NEW ORLEANS
2015 180,960
20,000 5.00% Kawasaki Kisen Kaisha, Ltd. 7/Dec/2023 15/Aug/2025 - 31/Oct/2025 12, 13
35 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
36 LOS ANGELES
2012 206,104
K 17,700 5.00% Nippon Yusen Kabushiki Kaisha, Tokyo 15/Jan/2023 20/Jul/2024 - 5/Aug/2024 1
37 PHILADELPHIA
2012 206,040
K 22,500 5.00% Nippon Yusen Kabushiki Kaisha, Tokyo 4/Feb/2024 20/Apr/2025 - 20/Jul/2025
38 SAN FRANCISCO
2017 208,006
L 22,000 5.00% SwissMarine Pte. Ltd., Singapore 18/Feb/2023 5/Jan/2025 - 5/Mar/2025
39 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 on scheduled drydocking during the period from April 13, 2024 to May 4, 2024.
5Vessel on scheduled drydocking during the period from April 29, 2024 to May 28, 2024.
6Redelivery date based on an estimated time charter trip duration of about 45 days.
7Redelivery date based on an estimated time charter trip duration of about 70 days.
8The charter rate will be US$12,250 per day for the first 30 days of the charter period.
9The charter rate was US$10,000 per day for the first 30 days of the charter period.
10Charterers will compensate the Owners at a rate of US$20,000 per day for the excess period commencing from May 31, 2024 until the actual redelivery date.
11Vessel has been sold and it is expected to be delivered to her new Owners by latest September 16, 2024.
12Bareboat chartered-in for a period of eight years.
13Vessel 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.